ESJAISRE SWIFT/BIC Code

The SWIFT number ESJAISRE was issued by ARION BANK in REYKJAVIK.

SWIFT/BIC NumberESJAISRE
Bank NameARION BANK
Bank CityREYKJAVIK
Bank Branch

What is a SWIFT code?

A SWIFT code (also known as BIC Code) is a standard format to uniquely identify all banks and financial institutions globally. SWIFT codes are a standard format for BIC - Business Identifier Codes.

If you transmit money internationally you nearly always need to use a SWIFT/BIC code, as it’s the way banks, financial institutions and money transfer services identify where to send money on a global scale. You can think of a BIC code a bit like a ZIP/postal code. Your bank can use the BIC code to find another bank on the opposite side of the world. Similar to how sending a postcard to the wrong ZIP code means it might go missing, the same applies for your money and an incorrect SWIFT code.

What does a SWIFT look like?

A SWIFT code is either 8 or 11 characters in length:

AAAA BB CC DDD

  • AAAA: 4 character bank code. Only letters.
  • BB: 2 character country code. ISO alpha-2 country code.
  • CC: 2 character location code.
  • DDD: 3 character branch code. Optional. Can include letters or digits. An XXX here would refer to the primary office.

More info about SWIFT/BIC codes

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.