Bouvet Island Bank Swift Code and BIC Code
What is Bouvet Island SWIFT Code?
SWIFT code is a standard format of Bank Identifier Codes (BIC) and serves as a unique identifier for a bank or financial institution.
These codes are used when transferring money between banks, particularly for international wire transfers. On top of that, the code is used to transmit messages between financial institutions and banks in the Bouvet Island.
The SWIFT code can be either 8 or 11 characters long and 8 digits code refers to the primary office. The format of SWIFT Code is as follows;
AAAA BV CC DDD
- The first 4 characters ("AAAA") specify the bank. Only letters are allowed.
- The next 2 characters ("BV") specify the country. It use the format of ISO 3166-1 alpha-2 country code.
- The next 2 characters ("CC") specify the location. Letters and digits are allowed. Passive participant will have "1" in the second character
- The last 3 characters ("DDD") specify the branch. This is an optional. A 'XXX' refer to primary office. Letters and digits are allowed.
Bouvet Island is an uninhabited subantarctic high island and dependency of Norway located in the South Atlantic Ocean at 54°25′S 3°22′E, thus locating it north of and outside the Antarctic Treaty System. It lies at the southern end of the Mid-Atlantic Ridge and is the most remote island in the world, approximately 1,700 kilometres north of the Princess Astrid Coast of Queen Maud Land, Antarctica, 1,900 kilometres east of the South Sandwich Islands, 1,600 kilometres south of Gough Island, and 2,600 kilometres south-southwest of the coast of South Africa