SWIFT CodeBIC

The BIC is defined by the ISO 9362 standard and assigned through SWIFT. Its structure is:

• 4 characters – institution code: identifies the bank (letters).
• 2 characters – country code: ISO country code, for example NP for Nepal.
• 2 characters – location code: identifies the city or location (letters or digits).
• 3 characters – branch code (optional): identifies a specific branch; 'XXX' or omission refers to the head office.

An 8-character code refers to the institution's primary office, while an 11-character code points to a particular branch or department.

A person receiving money from abroad into a Nepali bank account gives the sender the bank's SWIFT code, the account name and the account number. The code ensures the message reaches the correct bank; it does not by itself identify the customer's account. A SWIFT code is different from an IBAN, which identifies an individual account and is not used in Nepal, and from domestic routing identifiers.

BIC, ISO 9362 मापदण्डअनुसार SWIFT मार्फत प्रदान गरिन्छ। संरचना:

• ४ अक्षर – संस्था कोड: बैंक पहिचान।
• २ अक्षर – देश कोड: जस्तै नेपालका लागि NP।
• २ अक्षर – स्थान कोड: सहर/स्थान।
• ३ अक्षर – शाखा कोड (ऐच्छिक): विशेष शाखा; 'XXX' भए प्रधान कार्यालय।

८ अक्षरको कोडले मुख्य कार्यालय र ११ अक्षरको कोडले विशेष शाखा जनाउँछ। विदेशबाट रकम मगाउँदा पठाउनेलाई बैंकको SWIFT कोड, खातावालाको नाम र खाता नम्बर दिनुपर्छ। SWIFT कोडले बैंक पहिचान गर्छ, ग्राहकको खाता होइन। IBAN फरक हो र नेपालमा प्रयोग हुँदैन।