BIKNLT21 SWIFT/BIC Code

The SWIFT number BIKNLT21 was issued by BIRZU KREDITO UNIJA in DRUSKININKAI.

SWIFT/BIC NumberBIKNLT21
Bank NameBIRZU KREDITO UNIJA
Bank CityDRUSKININKAI
Bank Branch

What is a SWIFT code?

A SWIFT code - sometimes called a SWIFT number is a standard format to uniquely identify all banks and financial institutions globally. SWIFT codes are a standard format for Business Identifier Codes (BIC).

If you transfer money across international lines you almost always need to use a SWIFT code, as it’s the way banks, financial institutions and money transfer services figure out where the money needs to go. You can think of a BIC code a bit like a ZIP/postal code. A bank on one side of the world finds the right bank on the other side of the world. Similar to how sending a postcard to the wrong ZIP/postal code means it might get lost or returned, the same thing can apply for your money and an incorrect SWIFT code.

What does a SWIFT/BIC look like?

A BIC/SWIFT code can be either 8 or 11 characters long:

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. This is optional and can be 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 financial 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.