Palau Bank Swift Code and BIC Code
|1||BANK OF HAWAII||KOROR||BOHIPW21|
What is Palau 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 Palau.
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 PW CC DDD
- The first 4 characters ("AAAA") specify the bank. Only letters are allowed.
- The next 2 characters ("PW") 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.
Palau, officially the Republic of Palau and historically Belau, Palaos or Pelew, is an island country located in the western Pacific Ocean. The country contains approximately 340 islands, and together with parts of the Federated States of Micronesia, forms the western chain of the Caroline Islands. Its area is 466 square kilometers. The most populous island is Koror. The capital Ngerulmud is located on the nearby island of Babeldaob, in Melekeok State. Palau shares maritime boundaries with international waters to the north, Micronesia to the east, Indonesia to the south, and the Philippines to the west.