ABFUMYK1 SWIFT/BIC Code

The SWIFT number ABFUMYK1 was issued by ABRAR FUTURES SDN BHD in KUALA LUMPUR.

SWIFT/BIC NumberABFUMYK1
Bank NameABRAR FUTURES SDN BHD
Bank CityKUALA LUMPUR
Bank Branch

What is a SWIFT code?

A SWIFT code, also commonly known as a BIC Code, is a standard format to uniquely identify all banks and financial institutions globally. The SWIFT code is a standard format for Business Identifier Codes - commonly referred to as a BIC.

If you transmit money internationally 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 SWIFT/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. Like sending post to an incorrect ZIP/postal code means it could get returned, the same goes for your money and the wrong SWIFT code.

What does a SWIFT/BIC look like?

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

AAAA BB CC DDD

  • AAAA: 4 character bank code.Just letters, no numbers.
  • 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 banks who are actively 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.