|BARBGYGE||BANK OF BARODA (GUYANA) INC.||GEORGETOWN|
|BATSGYG1||DEMERARA TOBACCO COMPANY LIMITED||GEORGETOWN|
|CBGIGYGG||CITIZENS BANK GUYANA INC||GEORGETOWN|
|DMBKGYGT||DEMERARA BANK LIMITED||GEORGETOWN|
|EXCAGYG1||EXCEL CAPITAL INC.||GEORGETOWN|
|GUBAGYGG||BANK OF GUYANA||GEORGETOWN|
|GUTIGYGE||GUYANA BANK FOR TRADE AND INDUSTRY LTD.||GEORGETOWN||(MAIN BRANCH)|
|NOSCGYGE||BANK OF NOVA SCOTIA,THE||GEORGETOWN|
|RBGLGYGG||REPUBLIC BANK (GUYANA) LIMITED||GEORGETOWN|
A SWIFT code, also commonly known as a BIC Code, is a standard format to uniquely identify banks, non-financial, and financial institutions across the world. SWIFT codes are a standard format for BIC - Business Identifier Codes.
If you transmit money internationally you nearly always need to use a BIC code, as it’s the way banks and money transfer services figure out where the money needs to go. You can think of a BIC code a bit like an international postal code. Your bank can use the BIC code to find another bank on the other side of the world. Similar to how sending a postcard to the wrong ZIP code means it could get returned, the same thing can apply for your money and the wrong SWIFT code.
A BIC/SWIFT code can be either 8 or 11 characters long:
AAAA BB CC DDD
There are 2 types of SWIFT code: live and passive. Live codes are for institutions who are connected to the SWIFT network while passive Codes are used for manual transactions. Passive SWIFT codes will have a 1 as the second digit of the 2 character location code.
SWIFT code registrations and management are the responsibility of "Society for Worldwide Interbank Financial Telecommunication" (“SWIFT”) which is located in La Hulpe, Belgium.
SWIFT is the registered trademark of S.W.I.F.T. SCRL with a registered address at Avenue Adèle 1, B-1310 La Hulpe, Belgium.