What is a branch code in South Africa?
Note: If you plan on transferring money from an overseas or forex account you may need to use a South African bank SWIFT code.
What is a branch code for bank?
Ans. The branch code of a bank branch helps in distinguishing one branch from another. It is available on the bank’s website, printed on cheque books and pass-books. The last 6 characters of any given IFSC code is the branch code.
What is African bank branch code?
Universal Bank Branch Codes and International Swift Codes. ( 2021 )
| Bank Name | Universal Bank Code | Swift Code |
|---|---|---|
| African Bank Limited | 430 000 | AFRCZAJJXXX |
| Bidvest Bank Limited | 462 005 | BIDBZAJJXXX |
| Capitec Bank Limited | 470 010 | CABLZAJJXXX |
| Discovery Bank Limited | 679 000 | DISCZAJJ |
Is the bank code and branch code different?
The first 4 characters indicate the financial institution, the fifth digit is 0 and the other 6 digits indicate the branch. The first 3 digits, called the bank code, is required for interbank wire transfers. The last 4 digits are a branch code, which is rarely used.
Is branch code the same as branch number?
Bank code is always a 3-digit number. Branch code is also always a 3-digit number. The account number is 6 to 9 digits, and some banks include the branch code in the account number they provide to their clients.
How do you branch code?
In an IFSC code, the first 4 digits of the IFSC represent the bank and last 6 characters represent the branch. The 5th character is zero. For State Bank of India’s (SBI) 11-digit IFSC code, the first four letters will be ‘SBIN’, and the last 6 digits will represent a specific branch code.
Is bank code and branch code the same?
What is FNB Swift Code South Africa?
Remember to give the sender the FNB SWIFT code: FIRNZAJJ.
What is a branch code?
A branch code is a unique identifying code for a given branch of a bank. Each branch of a bank is differentiated by its branch code. These branch codes are known by various different names across the globe.
What is universal bank codes for all South African banks?
ABSA Bank (632005).
What is the bank code for ABSA South Africa?
That being said, the universal or generic branch code for ABSA bank is 632005. READ ALSO: 5 best tax free savings account in South Africa 2020 ABSA branch codes
What is the SWIFT code for ABSA South Africa?
The SWIFT code of Absa Bank Limited, Cape Town, South Africa is ABSAZAJJCCT. This branch is located in Cape Town , South Africa.
What are bank branch codes?
A branch code is a number that serves as an identifying code for the bank branch. It is a number that is included in IFSC code. IFSC is a unique code and the code is of immense importance in carrying out the transactions in the banking sector.