BANK OF ALBANIA, Dega Elbasan , ELBASAN, Albania
| BIC Name / Bank name / Institution Name | BANK OF ALBANIA |
| Bank Code / Institution Code | STAN |
| Country | ALBANIA |
| Country Code (ISO 3166) | AL |
| City | ELBASAN |
| City Code | T1 The City Code are Institution Specific, different BIC has allotted different City Code for same city. |
| Office Type | Dega Elbasan |
| Branch Code | ELX |
| Swift Code / BIC Code |
STANALT1ELX
|
| Address | |
| Zip Code / Postal Code | |
| Note: Before Transferring payment to the Bank Branch, confirm from the payment receiver, if the Bank Branch is Active | |
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| Whether Bank IBAN Compliant | Yes, BANK OF ALBANIA, is IBAN Compliant. |
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What is a SWIFT Code / BIC code?
Business Identifier Codes (BIC) has been developed by Society for Worldwide Interbank Financial Telecommunication (SWIFT) to identify banks and financial institutions globally. That is why BIC Codes are also known as SWIFT Codes.SWIFT Codes / BIC Codes are used for transferring money between banks of different countries or SEPA payments. Banks also use these codes for exchanging financial messages.
SWIFT Code / BIC Code is formed of 8 or 11 characters in following system:
- First four characters in the SWIFT Code / BIC Code from left depicts bank code. In the case of BANK OF ALBANIA the first four characters from left STAN indicates that it is BANK OF ALBANIA.
- Characters 5-6 from left in the SWIFT Code / BIC Code, depicts Country code of the bank. In the case of BANK OF ALBANIA characters 5 and 6 from left AL indicates that bank is in ALBANIA. It means that all the banks located in ALBANIA will have AL at 5th and 6th place from left in their Swift Codes / BIC Codes.
- Characters 7-8 from left in the SWIFT Code / BIC Code, depicts City Code of the Bank. In the case of BANK OF ALBANIA characters 7 and 8 from left T1 indicates that bank is in ELBASAN. It means that all the branches of BANK OF ALBANIA located in ELBASAN will have T1 at 7th and 8th place from left in their Swift Codes / BIC Codes.
- Characters 9-11 from left in the SWIFT Code / BIC Code, depicts Branch Code of the Bank.In the case of BANK OF ALBANIA characters 9 - 11 from left ELX indicates branch code. It means that BANK OF ALBANIA Branch code: ELX is used for branches located at :. If XXX are in 9-11 place then it means that it is the Head Office of Bank / Financial institution.
- Many Banks has taken only one SWIFT Code per country or have one SWIFT Code per city, for processing International Payments of all the Branches of the country / city through SWIFT enabled branch. So, if your Bank Branch is not depicting in the list, contact your Bank Branch for the SWIFT Code transactions.