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Byr Securities Swift Code in Reykjavik city of Iceland

Branch Wise List Of Byr Securities Swift Code, BIc Code In Reykjavik City Along With Byr Securities Reykjavik All Branches Addresses In Iceland quickly to use for Society for Worldwide Interbank Financial Telecommunication

The SWIFT code of Byr Securities Reykjavik City is BYSEISR1. The branch located in Reykjavik City, Of Iceland (IS).

Byr Securities SWIFT Code: BYSEISR1

Byr Securities Reykjavik City Swift/BIc Code Details

Bank NameByr Securities
Swift CodeBYSEISR1
Branch Not Available
CountryIceland IS
CityReykjavik
Branch Code SR1
SWIFT code (8 characters) BYSEISR1
BIC Code analysis8-letter swift code: BYSEISR1
Branch code:
Institution s 4-letter code: BYSE
Country code: IS
Location code: R1

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) (also known as ISO 9362, SWIFT-BIC, BIC code, SWIFT ID or SWIFT code) is a standard format of Business Identifier Codes approved by the International Organization for Standardization (ISO). It is a unique identification code for both financial and non-financial institutions. (When assigned to a non-financial institution, a code may also be known as a Business Entity Identifier or BEI.) These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks. The codes can sometimes be found on account statements. SWIFT and BIC codes are basically the same.

The SWIFT code is 8 or 11 characters?

Example: BYSEISR1
  • BYSE4 letters: Institution Code or bank code.
  • IS2 letters: ISO 3166-1 alpha-2 country code.
  • R12 letters or digits: location code
  • If the second character is "0", then it is typically a test BIC as opposed to a BIC used on the live network.
  • If the second character is "1", then it denotes a passive participant in the SWIFT network
  • If the second character is "2", then it typically indicates a reverse billing BIC, where the recipient pays for the message as opposed to the more usual mode whereby the sender pays for the message.
  • last 3 letters or digits: branch code.
  • Where an 8-digit code is given, it may be assumed that it refers to the primary office.