What is "SWIFT code"?
The SWIFT code is a unique electronic address identifying each bank or financial institution worldwide and is used in banking transactions foreign exchange transactions. 😉
All internationally active banks are members of the SWIFT network.
Our SWIFT / BIC code is "BTRLRO22".
These e-mail addresses are formed according to the following rules:
➤⠀the first 4 characters indicate the name of the bank;
➤⠀the 2 digits represent the international country code;
➤⠀while the last 2 show you the city code, just like this:
Without SWIFT codes, the money transfer process for individuals and businesses would be very slow, inefficient and even risky. 😥
❗⠀If you want to know your bank's SWIFT code, it's good to know that:
➤⠀this can be found on your bank statement;
➤⠀but you can also easily find it online. 😃