Tokelau Bank Swift Code and BIC Code
What is Tokelau 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 Tokelau.
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 TK CC DDD
- The first 4 characters ("AAAA") specify the bank. Only letters are allowed.
- The next 2 characters ("TK") 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.
Tokelau is a dependent territory of New Zealand in the southern Pacific Ocean. It consists of three tropical coral atolls, with a combined land area of 10 km². The capital rotates yearly among the three atolls. In addition, Swains Island, which forms part of the same archipelago, is subject to an ongoing territorial dispute and is currently administered by the United States as part of American Samoa. Tokelau lies north of the Samoan Islands, east of Tuvalu, south of the Phoenix Islands, southwest of the more distant Line Islands, and northwest of the Cook Islands.