ABLTBY22240 is the swift code for (MINSK BRANCH 1/01) Branch of Absolutbank Closed Joint-Stock Company Bank in MINSK Byelorussian SSR. The Branch Code for this swift code is 240. This swift code belongs to a financial institution.
Swift Code is also known as SWIFT-BIC, BIC (Bank Identifier Code), or SWIFT ID. Bank Identifier Code or BIC for Absolutbank Closed Joint-Stock Company (MINSK BRANCH 1/01) is also ABLTBY22240 .
|Swift Code / BIC (Bank Identifier Code)|
|Bank||Absolutbank Closed Joint-Stock Company|
|Branch||(MINSK BRANCH 1/01)|
|Address||4 GUSOVSKOGO STR. 220073 MINSK BELARUS|
|Type of institution||Financial Institution|
Swift Code is a unique identification code for a particular bank. It is a standard format for Business Identifier Codes (BICs, previously known as Bank Identifier Codes). It is technically used to identify banks and financial institutions globally distinctively - it says who and where they are. People use these codes to transfer money within banks for international wire transfers (the reason you're probably here looking up for info). SWIFT codes and BIC codes are same and the terms are interchangeable.
Swift codes are usually formed of 8 (or) 11 characters. You can understand that a swift code or BIC refers to a primary office when it's formatted in an 8-digit code. The codes are arranged in the following manner:
|4 Letter Bank Code||2 Letter Country Code||2 Letter Location Code||3 Letter Branch Code|