KACLTZT1 SWIFT/BIC Code

The SWIFT number KACLTZT1 was issued by KARADHA COMPANY LTD in DAR ES SALAAM.

SWIFT/BIC NumberKACLTZT1
Bank NameKARADHA COMPANY LTD
Bank CityDAR ES SALAAM
Bank Branch

What is a SWIFT code?

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

If you transmit money across international lines you nearly always need to use a SWIFT/BIC code, as it’s the way banks, financial institutions and money transfer services identify where to send money on a global scale. 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 other side of the world. Similar to how sending a postcard to an incorrect ZIP code means it could get lost, the same goes for your money and the wrong SWIFT code.

What does a BIC look like?

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

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. Optional. Can include 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.