ASFGSES1 SWIFT/BIC Code

The SWIFT number ASFGSES1 was issued by ARCTIC SECURITIES AS, FILIAL SVERIGE in STOCKHOLM.

SWIFT/BIC NumberASFGSES1
Bank NameARCTIC SECURITIES AS, FILIAL SVERIGE
Bank CitySTOCKHOLM
Bank Branch

What is a BIC code?

A SWIFT code - also known as a SWIFT number is a standard format to uniquely identify all banks and financial institutions across the world. The SWIFT code is a standard format for Business Identifier Codes (BIC).

If you send money across international lines you almost always need to use a SWIFT code, as it’s the way banks and money transfer services figure out where the money needs to go. You can think of a SWIFT code a bit like a ZIP/postal code. Your bank can use the SWIFT/BIC code to find another bank on the opposite side of the world. Similar to how sending a postcard to an incorrect ZIP/postal code means it could get lost, the same applies for your money and an incorrect SWIFT code.

What does a BIC look like?

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

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 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.