This allows the payment to be directed to a specific office. Why has a BIC Code sometimes 8-digits and sometimes 11-digits ? You can fill in all of them at once or just one keyword and hit enter.
For this reason, Bank Identifier Codes (BICs) are often called SWIFT addresses or codes.
The Swift organization issues the Bank Identifier Numbers or BIC. The overlapping issue between ISO 9362 and ISO 13616 is discussed in the article International Bank Account Number (also called IBAN).
Swift issues the Business Entity Identifier or BEI for non financial corporations on the network. The SWIFT code for its primary office is NEDSZAJJ:
NEDS identifies Nedbank
ZA is the country code for South Africa
JJ is the code for Johannesburg
Nedbank has not implemented the extended code of 11 digits and all SWIFT transfers to its accounts are directed to the primary office for processing.
| Country | City | Bank Name | Branch | SWIFT |
|---|---|---|---|---|
| Germany | Frankfurt | BNP Paribas S A Niederlassung Frankfurt AM Main | BNP Paribas S A Niederlassung Frankfurt AM Main | BNPADEFFXXX |