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Migros Bank Swift Code in Lausanne city of Switzerland

Branch Wise List Of Migros Bank Swift Code, BIc Code In Lausanne City Along With Migros Bank Lausanne All Branches Addresses In Switzerland quickly to use for Society for Worldwide Interbank Financial Telecommunication

The SWIFT code of Migros Bank Lausanne City is MIGRCHZZ10A. The branch located in Lausanne City, Of Switzerland (CH).

Migros Bank SWIFT Code: MIGRCHZZ10A

Migros Bank Lausanne City Swift/BIc Code Details

Bank NameMigros Bank
Swift CodeMIGRCHZZ10A
Branch Not Available
CountrySwitzerland CH
CityLausanne
Branch Code 10A
SWIFT code (8 characters) MIGRCHZZ
BIC Code analysis8-letter swift code: MIGRCHZZ
Branch code: 10A
Institution s 4-letter code: MIGR
Country code: CH
Location code: ZZ

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) (also known as ISO 9362, SWIFT-BIC, BIC code, SWIFT ID or SWIFT code) is a standard format of Business Identifier Codes approved by the International Organization for Standardization (ISO). It is a unique identification code for both financial and non-financial institutions. (When assigned to a non-financial institution, a code may also be known as a Business Entity Identifier or BEI.) These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks. The codes can sometimes be found on account statements. SWIFT and BIC codes are basically the same.

The SWIFT code is 8 or 11 characters?

Example: MIGRCHZZ10A
  • MIGR4 letters: Institution Code or bank code.
  • CH2 letters: ISO 3166-1 alpha-2 country code.
  • ZZ2 letters or digits: location code
  • If the second character is "0", then it is typically a test BIC as opposed to a BIC used on the live network.
  • If the second character is "1", then it denotes a passive participant in the SWIFT network
  • If the second character is "2", then it typically indicates a reverse billing BIC, where the recipient pays for the message as opposed to the more usual mode whereby the sender pays for the message.
  • 10A last 3 letters or digits: branch code.
  • Where an 8-digit code is given, it may be assumed that it refers to the primary office.