Today i will share you about Bank Swift Code List in Indonesia. What is Swift Code for? It is some code used to accept money from another bank in another country. If you are trader who usually withdraw your money monthly, of course you will familiar with this one. But for you who still don’t understand, i will explain a little.

To deposit or withdrawal using Wire Transfer (also known as telegraphic transfers), you will need the SWIFT code. SWIFT (Society for World-wide Interbank Financial Telecommunications) is a unique code in the form of CAPITAL LETTERS as many as eight pieces (some are written with 11 letters CAPITAL, where the last three letters of the form letter XXX), which is owned by a bank for money transfers to and from overseas. Each bank has its own Code SWIFT, and nothing is the same between one bank to another. The SWIFT address is also known as BIC (=Bank Identifier Code). To send money to the regions of Europe, often also used code IBAN (International Bank Account Number) or also a combination of the IBAN and SWIFT. Read more…