MCSNVIVI SWIFT/BIC Code

The SWIFT number MCSNVIVI was issued by FOREIGN EXCHANGE BANK CORP. in ST JOHN.

SWIFT/BIC NumberMCSNVIVI
Bank NameFOREIGN EXCHANGE BANK CORP.
Bank CityST JOHN
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 across the world. SWIFT codes are a standard format for BIC - Business Identifier Codes.

If you transmit money across international lines you nearly 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 BIC code a bit like an international postal code. Your bank can use the SWIFT code to find another bank on the opposite side of the world. Like sending post to the wrong ZIP/postal code means it might go missing, the same thing can apply for your money and an incorrect SWIFT code.

What does a BIC look like?

A BIC/SWIFT 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. 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 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.