SWIFT codes are standardized codes that are used to identify banks and financial institutions globally. In Australia, SWIFT codes are used by banks and other financial institutions to send and receive international money transfers. Each bank has its own unique SWIFT code, which is typically made up of 8 or 11 characters. The first 4 characters identify the bank, the next 2 characters identify the country, and the last 2 or 3 characters identify the specific branch of the bank. For example, the SWIFT code for the National Australia Bank in Sydney is NATAAU3302Z. This code can be used to send or receive money transfers to or from this bank.
Last update: June 6, 2023