SWIFT Code XJNBIDJ1XXX: All You Need To Know
XJNBIDJ1XXX is a SWIFT Code used in Indonesia for sending and receiving international wire transfers and payments from and to various countries. Here is everything you need to know about SWIFT Code XJNBIDJ1XXX and how it enables global banking in Indonesia.
SWIFT Code XJNBIDJ1XXX
XJNBIDJ1XXX is a SWIFT Code used by JAKARTA NEGOTIATED BOARD in Indonesia. Here is everything you need to know about XJNBIDJ1XXX.
JAKARTA NEGOTIATED BOARD SWIFT Code XJNBIDJ1XXX Format And Parts
XJNBIDJ1XXX captures a lot of useful information packed in it, and the below tables breaks down its constituent parts into its sub-parts.
Notice how XJNBIDJ1XXX comprises of its individual pieces related to bank, country, location and branch code. In that regard, XJNBIDJ1XXX complies with the ISO 9362:2014 standard that defines SWIFT Code format.
| SWIFT Code / BIC Code (8 characters) | XJNBIDJ1 |
| SWIFT Code / BIC Code (11 characters) | XJNBIDJ1XXX |
| Bank Name | JAKARTA NEGOTIATED BOARD |
| Bank Address | GEDUNG BURSA FLOOR 2 14 JALAN MERDEKA SELATAN JAKARTA 10110 INDONESIA |
| Country | Indonesia |
| Bank Code | XJNB |
| Country Code | ID |
| Location Code | J1 |
| Branch Code | XXX |
The below diagram shows the sub-parts of a SWIFT Code (like XJNBIDJ1XXX).

If we apply the above formatting guidelines to XJNBIDJ1XXX, we get the below breakdown:
- Bank Code: XJNB
- Country Code: ID
- Location Code: J1
- Branch Code: XXX
JAKARTA NEGOTIATED BOARD SWIFT Code XJNBIDJ1XXX adheres to the SWIFT Code specification, and carries highly useful information in its format and constituent sub-parts. This helps route funds efficiently from and to JAKARTA NEGOTIATED BOARD in Indonesia.
Even though we strive our best to ensure JAKARTA NEGOTIATED BOARD SWIFT Codes (like XJNBIDJ1XXX) are up to date on our website, we still recommend that you validate them with JAKARTA NEGOTIATED BOARD before using the same.
To ensure you have latest information, make sure you double check your JAKARTA NEGOTIATED BOARD SWIFT Code XJNBIDJ1XXX before using it.
There are many uses of SWIFT Codes - sending or receiving money internationally is one of the main ones. If you need to send money internationally, be aware that banks generally charge high fees and provide low exchange rates.
In contrast, money transfer companies give better rates and charge low fees as compared to banks.
SWIFT Codes For Various Banks in Indonesia
Here is a list of SWIFT Codes used in Indonesia in a table format. All of these SWIFT Codes for Indonesia are alphabetically sorted for easier searching and lookup.
| SWIFT Code | Bank Name |
|---|---|
| ABALIDBSXXX | PT. BANK PEMBANGUNAN DAERAH BALI |
| ABPEIDJ1XXX | ABADI PRISMA EKAMANDIRI, PT |
| ABSDIDJ1XXX | PT NISP SEKURITAS |
| ACEHIDSSXXX | PT BANK ACEH SYARIAH |
| ADSIIDJ1XXX | ANTABOGA DELTA SEKURITAS IND., PT |
| AEHLIDJ1XXX | PT BANK BNP PARIBAS INDONESIA |
| AGTBIDJAXXX | PT. BANK RAYA INDONESIA TBK. |
| AGVAIDJ2XXX | ALLIANZ GLOBAL INVESTORS ASSET MANAGEMENT INDONESIA PT |
| AIACIDJAXXX | PT AIA FINANCIAL |
| ALDCIDJ1XXX | PT ALDIRACITA CORPOTAMA |
| ALOBIDJAXXX | PT ALLO BANK INDONESIA TBK |
| AMCEIDJ1XXX | PT KOREA INVESTMENT AND SEKURITAS INDONESIA |
| AMIDIDJ1XXX | YUANTA SECURITIES INDONESIA, PT |
| AMTAIDJ2XXX | PT. AMANAH ANTAR ARTA |
| ANSIIDJ1XXX | ANUGERAH SECURINDO INDAH, PT |
| ANZBIDJXXXX | BANK ANZ INDONESIA, P.T. |
| APERIDJ1XXX | APERDI, PT |
| ARNKIDJ1XXX | PT BANK COMMONWEALTH |
| ARTGIDJAXXX | PT.BANK ARTHA GRAHA INTERNASIONAL TBK. |
| AWANIDJAXXX | PT BANK QNB INDONESIA TBK |
| BAEUIDJ1XXX | PT BAHANA SECURITIES |
| BATSID21XXX | PT BENTOEL PRIMA |
| BATSIDA1XXX | PT BENTOEL INTERNASIONAL INVESTAMA |
| BATSIDB1XXX | PT BENTOEL PRIMA |
| BBAIIDJAXXX | PT. BANK BUMI ARTA TBK |
| BBBAIDJAXXX | PT BANK PERMATA, TBK |
| BBIJIDJAXXX | PT. BANK UOB INDONESIA |
| BBLUIDJAXXX | PT BANK DIGITAL BCA |
| BBUKIDJAXXX | PT BANK KB BUKOPIN TBK |
| BCIAIDJAXXX | PT BANK CAPITAL INDONESIA, TBK |
| BDINIDJAXXX | PT. BANK DANAMON INDONESIA, TBK |
| BDKIIDJAXXX | PT. BANK DKI |
| BDPAIDJAXXX | PT BANK PEMBANGUNAN DAERAH PAPUA |
| BEXIIDJAXXX | LEMBAGA PEMBIAYAAN EKSPOR INDONESIA |
| BHAGIDS1XXX | PT BANK RABOBANK INTERNATIONAL INDONESIA |
| BHANIDJ1XXX | PT MNC INVESTAMA TBK |
| BIDXIDJAXXX | PT BANK INDEX SELINDO |
| BINRIDJ1XXX | BINAARTHA PARAMA,PT |
| BITPIDJ1XXX | BINA TATALAKSANA PASIFIK |
| BJTMIDJAXXX | PT BANK PEMBANGUNAN DAERAH JAWA TIMUR TBK |
| BKCHIDJAXXX | BANK OF CHINA (HONG KONG) LIMITED, JAKARTA BRANCH |
| BKIDIDJAXXX | PT. BANK OF INDIA INDONESIA, TBK |
| BMDMIDJAXXX | PT BANK MESTIKA DHARMA TBK |
| BMRIIDJAXXX | BANK MANDIRI (PERSERO), PT. |
| BMSEIDJAXXX | P.T. BANK MULTI ARTA SENTOSA |
| BMSIIDJAXXX | PT. BANK MEGA SYARIAH |
| BNIAIDJAXXX | PT. BANK CIMB NIAGA, TBK |
| BNIKIDJ2XXX | PT BNI SEKURITAS |
| BNINIDJAXXX | PT BANK NEGARA INDONESIA |
| BNPAIDJAXXX | PT BANK BNP PARIBAS INDONESIA |
| BOFAID2XXXX | BANK OF AMERICA, N.A.JAKARTA BRANCH |
| BOMSIDJ1XXX | BOMAR SECURITIES |
| BOTKIDJXXXX | MUFG BANK, LTD. JAKARTA BRANCH |
| BPIAIDJAXXX | BANK RESONA PERDANIA PT |
| BPIEIDJ1XXX | PT BNP PARIBAS INVESTMENT PARTNERS |
| BRINIDJAXXX | PT. BANK RAKYAT INDONESIA (PERSERO), TBK |
| BSMDIDJAXXX | PT BANK SYARIAH INDONESIA TBK |
| BSSPIDSPXXX | PT. BANK PEMBANGUNAN DAERAH SUMATERA SELATAN DAN BANGKA BELITUNG |
| BTANIDJAXXX | BANK TABUNGAN NEGARA (PERSERO), PT. |
| BUAIIDJ1XXX | BUANAMAS INVESTINDO,PT |
| BUAKIDJ1XXX | PT BUANA CAPITAL SEKURITAS |
| BUMIIDJAXXX | PT. BANK MNC INTERNASIONAL TBK. |
| BUNCIDJ1XXX | PT BUANA CAPITAL |
| BVICIDJAXXX | PT. BANK VICTORIA INTERNATIONAL,TBK |
| BWKIIDJAXXX | PT BANK CHINA CONSTRUCTION BANK INDONESIA TBK |
| BYAMIDJ1XXX | YAMA BANK |
| BZNSIDJ1XXX | BZW NIAGA SECURITIES, PT |
| CENAIDJAXXX | BANK CENTRAL ASIA |
| CHASIDJXXXX | JPMORGAN CHASE BANK, N.A. - JAKARTA BRANCH |
| CHASIDS1XXX | PT J.P. MORGAN SEKURITAS INDONESIA |
| CICTIDJAXXX | PT. BANK JTRUST INDONESIA TBK |
| CITIIDJXXXX | CITIBANK N.A |
| CITIIDX1XXX | PT. CITIGROUP SECURITIES INDONESIA |
| CIUEIDJ1XXX | PT CIPTADANA SEKURITAS ASIA |
| CLSAIDJ1XXX | PT CLSA SEKURITAS INDONESIA |
| CRESIDJ1XXX | PT CREDIT SUISSE SEKURITAS INDONESIA |
| CTCBIDJAXXX | PT BANK CTBC INDONESIA |
| DANCIDJ1XXX | DANAREKSA SECURITIES,PT |
| DANEIDJ1XXX | DANAMON SECURITAS,PT |
| DANMIDJ1XXX | PT DANATAMA MAKMUR |
| DANRIDJ1XXX | DANASAKTI SEKURITAS INDONESIA |
| DBSBIDJAXXX | PT BANK DBS INDONESIA |
| DEUTIDJAXXX | DEUTSCHE BANK AG - JAKARTA |
| DINUIDJ1XXX | BCA SEKURITAS PT |
| DJARIDJ1XXX | BANK DJASA ARTA |
| DWACIDJ1XXX | PT DHANAWIBAWA ARTHA CEMERLANG |
| DWSSIDJ1XXX | DWIDANA SAKTI SEKURINDO, PT |
| EAIIIDJ1XXX | PT EASTSPRING INVESTMENTS INDONESIA |
| EXISIDJ1XXX | PT MANDIRI SEKURITAS |
| FISNIDJ1XXX | PT BUMIPUTERA SEKURITAS |
| FRIPIDJ1XXX | PT FITCH RATINGS INDONESIA |
| GNESIDJAXXX | PT. BANK GANESHA TBK |
| GOHOIDJ1XXX | PT. CGS INTERNATIONAL SEKURITAS INDONESIA |
| GOJKIDJAXXX | PT GOTO GOJEK TOKOPEDIA TBK |
| GOPYIDJAXXX | PT DOMPET ANAK BANGSA |
| GOSDIDJ1XXX | P.T. GOLDMAN SACHS INDONESIA |
| GSIEIDJ1XXX | PT. GOLDMAN SACHS INDONESIA SECURITIES |
| HAINIDJ1XXX | PT BANK ICBC INDONESIA |
| HBNIIDJAXXX | PT. BANK HIBANK INDONESIA |
| HENPIDJ1XXX | PT HENAN PUTIHRAI |
| HNBNIDJAXXX | PT. BANK KEB HANA INDONESIA |
| HSBCIDJAXXX | PT BANK HSBC INDONESIA |
| HSSEIDJ1XXX | HSBC SECURITIES INDONESIA, PT |
| HVBKIDJAXXX | PT.BANK WOORI SAUDARA INDONESIA 1906 TBK |
| IAPTIDJAXXX | PT BANK INA PERDANA TBK |
| IBBKIDJAXXX | PT BANK MAYBANK INDONESIA TBK |
| IBKOIDJAXXX | PT BANK IBK INDONESIA TBK |
| IBSEIDJ1XXX | PT MACQUARIE SEKURITAS INDONESIA |
| ICBKIDJAXXX | PT BANK ICBC INDONESIA |
| INDOIDJ2XXX | BANK INDONESIA |
| INDOIDJAXXX | BANK INDONESIA |
| INFEIDJ1XXX | INTI FIKASA SEKURINDO, PT |
| INPUIDJ1XXX | PT INDO PREMIER SEKURITAS |
| JAGBIDJAXXX | PT BANK JAGO TBK. |
| KAPUIDJ1XXX | PT. JASA UTAMA CAPITAL (JUC) |
| KASDIDJ2XXX | PT KAF SEKURITAS INDONESIA |
| KBNKIDJ1XXX | BANK KARMAN |
| KESBIDS1XXX | PT BANK QNB INDONESIA TBK |
| KESIIDJ1XXX | KESTREL SEKURITAS INDONESIA,PT |
| KGSIIDJ2XXX | PT KGI SEKURITAS INDONESIA |
| KGSTIDJ1XXX | PT KRESNA GRAHA INVESTAMA TBK |
| KISIIDJ2XXX | PT KOREA INVESTMENT AND SEKURITAS INDONESIA |
| KIWOIDJ2XXX | PT KIWOOM SEKURITAS INDONESIA |
| KMESIDJ1XXX | PT. MAYBANK KIM ENG SEKURITAS |
| KSEIIDJAXXX | PT KUSTODIAN SENTRAL EFEK INDONESIA |
| LAUSIDJ1XXX | PT LOTUS ANDALAN SEKURITAS |
| LIPSIDJ1XXX | LIPPO SECURITIES PT |
| MAASIDJ1XXX | MAHAKARYA ARTHA SEKURITAS, PT |
| MAKNIDJ1XXX | PT MIRAE ASSET SEKURITAS INDONESIA |
| MANRIDJ1XXX | MANWELL SETRA, PT |
| MASDIDJ1XXX | PT. BANK MASPION INDONESIA TBK |
| MASDIDJSXXX | PT. BANK MASPION INDONESIA TBK |
| MASKIDJ1XXX | PT MANDIRI SEKURITAS |
| MAYAIDJAXXX | PT. BANK MAYAPADA INTERNATIONAL TBK |
| MAYOIDJAXXX | PT. BANK HIBANK INDONESIA |
| MEGAIDJAXXX | BANK MEGA, PT |
| MEREIDJ1XXX | PT MANDIRI SEKURITAS |
| MGIAIDJ1XXX | PT DEUTSCHE SEKURITAS INDONESIA |
| MHCCIDJAXXX | BANK MIZUHO INDONESIA, PT |
| MKUAIDJ2XXX | PT MULTI KARYA UTAMA ABADI |
| MLIOIDJ1XXX | PT MERRILL LYNCH SEKURITAS INDONESIA |
| MUABIDJAXXX | PT. BANK MUAMALAT INDONESIA , TBK |
| MUAMIDJ1XXX | MUAMALAT |
| MULSIDJ1XXX | MULTICOR SECURITIES, PT |
| NANOIDJAXXX | PT BANK NANO SYARIAH |
| NBNKIDJ1XXX | BANK NASIONAL |
| NIASIDJ1XXX | CGS-CIMB SEKURITAS INDONESIA, PT |
| NIKKIDJ1XXX | NIKKO SECURITIES IND., PT |
| NISPID61XXX | BANK NISP, PT |
| NISPIDJAXXX | PT BANK OCBC NISP TBK |
| NOBUIDJAXXX | PT. BANK NATIONALNOBU |
| NOMIIDJ1XXX | P. T. NOMURA INDONESIA |
| NUSCIDJ1XXX | PT SAMUEL SEKURITAS INDONESIA |
| OCSSIDJ1XXX | OCBC SIKAP SECURITIES, PT |
| ONSNIDJ1XXX | PT. RHB SEKURITAS INDONESIA |
| PANCIDJ1XXX | PANIN CAPITAL, PT |
| PANUIDJ1XXX | PT PANIN SEKURITAS |
| PARIIDJ1XXX | PARAMOUNT INDOSEKURITAS, PT |
| PBPEIDJ1XXX | BNP PRIME EAST PT |
| PDJBIDJAXXX | PT. BANK PEMBANGUNAN DAERAH JAWA BARAT DAN BANTEN, TBK |
| PDJGIDJAXXX | PT. BANK PEMBANGUNAN DAERAH JAWA TENGAH (PT. BANK BPD JATENG) |
| PDKTIDJAXXX | PT. BANK PEMBANGUNAN DAERAH KALIMANTAN TIMUR DAN KALIMANTAN UTARA |
| PDNTIDJAXXX | PT BANK PEMBANGUNAN DAERAH NUSA TENGGARA TIMUR |
| PDRIIDJAXXX | PT BANK RIAU KEPRI SYARIAH (PERSERODA) |
| PDSBIDSPXXX | PT. BANK NAGARI |
| PDSUIDSAXXX | PT. BANK SUMUT |
| PDWSIDJAXXX | PT BANK SULSELBAR |
| PEKUIDL1XXX | PARAMITRA ALFA SEKURITAS |
| PHSPIDJ1XXX | PT. PHILLIP SECURITIES INDONESIA |
| PINBIDJAXXX | PT PAN INDONESIA BANK LTD |
| PNBSIDJAXXX | PT BANK PANIN DUBAI SYARIAH, TBK |
| POIDIDJ1XXX | POS INDONESIA |
| PRSIIDJ1XXX | BT PRIMA SECURITIES IND., PT |
| PTACIDJ1XXX | PT ABACUS CAPITAL INDONESIA |
| RAMDIDJ1XXX | PT RHB ASSET MANAGEMENT INDONESIA |
| REDMIDJ1XXX | REDIALINDO MANDIRI, PT |
| REKSIDJ1XXX | PT BAHANA SEKURITAS |
| RHUSIDJ1XXX | RASHID HUSSAIN SECURITIES PT |
| SAHMIDJAXXX | PT BANK SAHABAT SAMPOERNA |
| SAKIIDJ1XXX | PT SAMUEL SEKURITAS INDONESIA |
| SATSIDJ1XXX | PT EFICORP SEKURITAS |
| SBIDIDJAXXX | PT. BANK SBI INDONESIA |
| SBJKIDJAXXX | PT. BANK SINARMAS, TBK |
| SBWIIDJ2XXX | PT UBS SECURITIES INDONESIA |
| SBWNIDJ1XXX | PT UBS SECURITIES INDONESIA |
| SCBLIDJXXXX | STANDARD CHARTERED BANK |
| SECTIDJ1XXX | P.T. SAMSUNG ELECTRONICS INDONESIA |
| SEIIIDJ1XXX | SEKURITAS INDOPASIFIC INV., PT |
| SEIPIDJ1XXX | SEKURITAS INDO PASIFIK INVESTASI,PT |
| SEMAIDJ1XXX | PT MAKINDO SECURITIES |
| SEMIIDJ1XXX | PT SEMESTA INDOVEST SEKURITAS |
| SHBKIDJAXXX | PT. BANK SHINHAN INDONESIA |
| SIMDIDJ1XXX | PT SCHRODER INVESTMENT MANAGEMENT INDONESIA |
| SINKIDJ1XXX | PT SINARMAS SEKURITAS |
| SLFIIDJ1XXX | PT. SUN LIFE FINANCIAL INDONESIA |
| SLISIDJ1XXX | PT SUN LIFE INDONESIA SERVICES |
| SSPIIDJAXXX | PT. BANK SEABANK INDONESIA |
| STCIIDJ1XXX | STANDARD CHARTERED BANK |
| SUCGIDJ1XXX | PT SUCOR SEKURITAS |
| SUNIIDJAXXX | PT BANK BTPN TBK |
| SUPEIDJ1XXX | SUPRA SECURINVEST |
| SURAIDJ1XXX | SURABAYA ARTHASELARAS |
| SWABIDJ1XXX | BANK SWAGUNA |
| TASMIDJ1XXX | TATA SEKURITAS MAJU |
| TRAEIDJ1XXX | TRANSPACIFIC SECURINDO |
| TRSEIDJ1XXX | PT DBS VICKERS SEKURITAS INDONESIA |
| TRSSIDJ1XXX | PT TRIMEGAH SECURITIES TBK |
| TRVIIDJAXXX | PT TRAVELOKA INDONESIA |
| UKHEIDJ1XXX | UOB KAY HIAN SECURITIES, PT |
| VESNIDJ2XXX | PT VERDHANA SEKURITAS INDONESIA |
| WIKEIDJ1XXX | BANK CHINA CONSTRUCTION BANK INDONESIA, PT TBK |
| WJCAIDJ1XXX | HSBC SECURITIES INDONESIA, PT |
| XBBJIDJ1XXX | BURSA BERJANGKA JAKARTA (JAKARTA FUTURES EXCHANGE) |
| XJKTIDJ1XXX | JAKARTA STOCK EXCHANGE |
| XJNBIDJ1XXX | JAKARTA NEGOTIATED BOARD |
Are You Looking For SWIFT Codes For Banks And Financial Institutions?
We have compiled the list of countries with SWIFT Codes for various Banks, Credit Unions and Financial Institutions. Click on your country below to see the correct SWIFT Codes for various financial institution in your country.
The below list of countries is alphabetically sorted so it is easier for you to find your country in this list.
How To Find The SWIFT Code or BIC Code For My Bank?
If you wish to make an international wire transfer from one bank to another, you will need the SWIFT Code (also called the BIC Code) for the recipient bank. Here are some easy ways using which you can find the SWIFT/BIC Code for your bank:
- By calling your bank to ask for their SWIFT Code.
- By logging in to their mobile app or website.
- By checking the FAQs or wire transfer section of your bank's website.
- By check the hard copy of your bank account statement.
- By searching online registries of SWIFT/BIC codes.
- By using RemitFinder's SWIFT/BIC Code registry.
You can use your bank to send and receive funds internationally, there are many other easy ways to do so. Banks often charge high fees and provide low exchange rates for international wire transfers. A better option is to use international money transfer companies to get the best exchange rates and pay low transfer fees.
What Is The Format Of A SWIFT Code or BIC Code?
SWIFT and BIC Codes comply with the 9362:2014 standard that defines their format. As per this specification, a SWIFT or BIC code is a unique 8-character combination (or 11-character when it also contains a bank branch code).
Each set of these 8 or 11 characters provide useful information about the organizations involved in an international wire transfer. The constituent characters in SWIFT and BIC Codes follow a certain specified order in their arrangement and have the following important sub-parts:
- The first 4 characters (only letters) represent the bank or financial organization identification code.
- The next 2 characters (only letters) capture the ISO2 country reference code where the bank is located.
- The next 2 characters (letters & numbers) stand for the area/city code where the bank or the financial organization is located.
- The last 3 characters (numbers & letters) are reserved for an optional reference code that specifies the exact division, branch, office or administration unit of the concerned financial institution.
SWIFT or BIC Codes are 8 or 11 character long and contain information about the bank, country, area/city and branch code for the particular financial institution.
Here is a diagram that captures the structure of a SWIFT or BIC Code in a pictorial format.

The application of the above guideline to XJNBIDJ1XXX provides the below constituent parts:
1) Bank Code: XJNB
2) Country Code: ID
3) Location Code: J1
4) Branch Code: XXX
There are a lot more details about SWIFT Codes and BIC Codes. If you are interested in learning more, check out our comprehensive guide on IBANs, SWIFT Codes and BIC Codes below.
Frequently Asked Questions About SWIFT Codes
What Is XJNBIDJ1XXX?
XJNBIDJ1XXX is a SWIFT Code, also called BIC Code, and is used by JAKARTA NEGOTIATED BOARD located in Indonesia.
What Is XJNBIDJ1XXX Used For?
XJNBIDJ1XXX is used for sending and receiving international wire transfers using the SWIFT network from and to bank accounts held at JAKARTA NEGOTIATED BOARD in Indonesia.
Which Bank Uses XJNBIDJ1XXX?
XJNBIDJ1XXX is a SWIFT Code used by JAKARTA NEGOTIATED BOARD located at GEDUNG BURSA FLOOR 2 14 JALAN MERDEKA SELATAN JAKARTA 10110 INDONESIA. JAKARTA NEGOTIATED BOARD is a financial institution in Indonesia.
Are There Variants Of XJNBIDJ1XXX?
Yes, you can use either the 8-character version or the 11-character version of SWIFT Code XJNBIDJ1XXX – these are XJNBIDJ1 and XJNBIDJ1XXX, respectively. The 11-character version, XJNBIDJ1XXX, supplements the 8-character version, XJNBIDJ1, by adding the 3-character branch code XXX.
What Information Does XJNBIDJ1XXX Contain?
XJNBIDJ1XXX is a SWIFT Code, also called BIC Code, and carries the following information in its format and structure - Bank Code XJNB, Country Code ID, Location Code J1 and Branch Code XXX.
How Can I Find SWIFT Codes For Banks In Indonesia?
There are various ways to find SWIFT Codes for various banks in Indonesia. These include looking at your bank account statement, calling your bank, checking online SWIFT Bank registry sites or relying on RemitFinder's SWIFT Code lookup tool.
How Many Banks Have SWIFT Codes In Indonesia?
There are numerous banks that use SWIFT Codes In Indonesia. Check out the table presented earlier on this page to check out SWIFT Codes used by various banks in Indonesia.
What Is A SWIFT Code?
A SWIFT Code is globally unique number for a financial organization and serves as a global messaging address for that organization. SWIFT Codes are issued, managed and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), an association that maintains a global finance-related data-sharing network.
What Is A SWIFT Code Used For?
Since a SWIFT Code is a unique ID for a financial institution, it is extremely helpful in routing money accurately. As a result, SWIFT Codes are used to process international wire transfers, a mechanism to send money from one bank to another anywhere in the world.
What Is A BIC Code?
A BIC (Business Identifier Code) is a unique identification number comprising of eight digits and letters (or 11 if the bank branch ID is also included) that helps to unambiguously identity a financial institution worldwide. BICs are primarily used as messaging addresses for the financial organizations participating in global payments and financial transactions.
Are BIC And SWIFT Codes Different?
No, BIC and SWIFT Codes are not different from each other, but represent the same concept. In addition to being called SWIFT Codes and BIC Codes, these codes are also known by some other common names like SWIFT ID/address and SWIFT-BIC. The SWIFT network relies on SWIFT Codes and BIC Codes for seamless and accurate movement of money and payments across the world.
What Is The Format Of A SWIFT Or BIC Code?
A SWIFT or BIC code is a unique 8 digits-letters combination (or 11 when it also contains a bank branch code) and contains the following sub-parts: the first 4 characters (only letters) represent the bank or organization identification code, the next 2 characters (only letters) capture the ISO2 country reference code, the next 2 characters (letters & numbers) signify the area/city code where the bank or the financial organization is headquartered and the last 3 characters (numbers & letters) are reserved for an optional reference code that specifies the exact divisions, offices or administration units of the concerned financial institution.
How Can I Find The SWIFT Code For My Bank?
To find your bank's SWIFT Code, you can check your bank account statement, call your bank, visit their website, search on the internet or check out RemitFinder's free SWIFT Code lookup tool.
Is There A Better Alternative To International Wire Transfers?
International wire transfers are convenient but costly as bank generally provide low exchange rates and charge high fees. A better alternative is to rely on international money transfer companies that provide competitive exchange rates and charge very low fees. This enables you to save more on your international money transfers.
