BOSTON RESEARCH AND MANAGEMENT INC., 40 BEACH STREET, MANCHESTER,MA, United States

SWIFT CODE :BORMUS31BOSTON RESEARCH AND MANAGEMENT INC. MANCHESTER,MA, UNITED STATES

BIC Name / Bank name / Institution Name	BOSTON RESEARCH AND MANAGEMENT INC.
Bank Code / Institution Code	BORM
Country	UNITED STATES
Country Code (ISO 3166)	US
City	MANCHESTER,MA
City Code	31 The City Code are Institution Specific, different BIC has allotted different City Code for same city.
Office Type	Primary Office / Head Office / Main Office
Branch Code	XXX
Swift Code / BIC Code	BORMUS31
Swift Code / BIC Code 11 Characters	BORMUS31XXX Note:If Swift Code is of 8 Characters then suffix XXX for branch code in the Swift Code.
Address	40 BEACH STREET
Zip Code / Postal Code	01944
Note: Before Transferring payment to the Bank Branch, confirm from the payment receiver, if the Bank Branch is Active
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Whether Financial Institution IBAN Compliant	No, BOSTON RESEARCH AND MANAGEMENT INC. is not 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 BOSTON RESEARCH AND MANAGEMENT INC. the first four characters from left BORM indicates that it is BOSTON RESEARCH AND MANAGEMENT INC..
Characters 5-6 from left in the SWIFT Code / BIC Code, depicts Country code of the bank. In the case of BOSTON RESEARCH AND MANAGEMENT INC. characters 5 and 6 from left US indicates that bank is in UNITED STATES. It means that all the banks located in UNITED STATES will have US 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 BOSTON RESEARCH AND MANAGEMENT INC. characters 7 and 8 from left 31 indicates that bank is in MANCHESTER,MA. It means that all the branches of BOSTON RESEARCH AND MANAGEMENT INC. located in MANCHESTER,MA will have 31 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 BOSTON RESEARCH AND MANAGEMENT INC. the length of SWIFT Code is 8 Characters, means BOSTON RESEARCH AND MANAGEMENT INC. Head Office of the 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.