|BDCCSXSM||BANCO DI CARIBE N.V SINT MAARTEN||PHILIPSBURG|
|CMCISXS1||CM-CIC ST MAARTEN||SINT MAARTEN|
|FCIBSXSM||FIRSTCARIBBEAN INTERNATIONAL BANK||PHILIPSBURG|
|NOSCSXSM||BANK OF NOVA SCOTIA,THE||PHILIPSBURG|
|ORBASXSM||ORCO BANK N.V. ST. MAARTEN||COLEBAY|
|PBBPSXS1||PSB BANK N.V.||PHILIPSBURG|
|RBTTSXSM||RBC ROYAL BANK N.V. (FORMERLY RBTT BANK ST. MAARTEN N.V.)||PHILIPSBURG|
|WISBSXSM||WINDWARD ISLANDS BANK LTD, THE||PHILIPSBURG|
A SWIFT code - or SWIFT number is a standard format to uniquely identify banks, non-financial, and financial institutions across the world. The SWIFT code is a standard format for BIC - Business Identifier Codes.
If you transfer money across international lines you nearly always need to use a 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 code a bit like an international postal code. Your bank uses the code to send the money to the right bank in another country. Like sending post to the wrong ZIP/postal code means it might get lost or returned, the same goes for your money and the wrong SWIFT code.
A SWIFT 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 financial institutions 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.