Nauru Bank Swift Code and BIC Code
|1||BANK OF NAURU||NAURU||BNAUNRN1|
|2||EAGLE BANK INC.||NAURU||EGBNNRN1|
What is Nauru 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 Nauru.
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 NR CC DDD
- The first 4 characters ("AAAA") specify the bank. Only letters are allowed.
- The next 2 characters ("NR") 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.
Nauru, officially the Republic of Nauru and formerly known as Pleasant Island, is an island country and microstate in Micronesia, a subregion of Oceania, in the Central Pacific. Its nearest neighbour is Banaba Island in Kiribati, 300 km to the east. It further lies northwest of Tuvalu, 1,300 km northeast of the Solomon Islands, east-northeast of Papua New Guinea, southeast of the Federated States of Micronesia and south of the Marshall Islands. With only a 21 km² area, Nauru is the third-smallest country in the world behind Vatican City, and Monaco, making it the smallest republic. Additionally, its population of 10,670 is the world's second smallest, after Vatican City.