|EXPCMK22||HALKBANK AD SKOPJE||SKOPJE||Macedonia|
A SWIFT code - sometimes called a SWIFT number is a standard format to uniquely identify all banks and financial institutions globally. The SWIFT code is a standard format for BIC - Business Identifier Codes.
If you transfer money internationally you nearly always need to use a SWIFT/BIC code, as it’s the way banks and money transfer services identify where to send money on a global scale. You can think of a SWIFT/BIC code a bit like a ZIP/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/postal code means it might get lost or returned, the same applies for your money and the wrong SWIFT code.
A SWIFT/BIC code is either 8 or 11 characters in length:
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.