Aland Islands Bank Swift Code and BIC Code
What is Aland Islands 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 Aland Islands.
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 AX CC DDD
- The first 4 characters ("AAAA") specify the bank. Only letters are allowed.
- The next 2 characters ("AX") 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.
The Åland Islands, or Åland, is an autonomous region of Finland. Comprising around 6,700 islands, this Swedish-speaking archipelago is in the Baltic Sea. The capital, Mariehamn, on the main island of Fasta Åland, is known for its beaches and streets lined with 19th-century wooden townhouses, handicraft shops, and cafes. Västerhamn, the town's western port, links Åland with Estonia, Sweden, and mainland Finland.