Heard Island and McDonald Islands Bank Swift Code and BIC Code
What is Heard Island and McDonald 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 Heard Island and McDonald 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 HM CC DDD
- The first 4 characters ("AAAA") specify the bank. Only letters are allowed.
- The next 2 characters ("HM") 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 Territory of Heard Island and McDonald Islands is an Australian external territory comprising a volcanic group of mostly barren Antarctic islands, about two-thirds of the way from Madagascar to Antarctica. The group's overall size is 372 km² in area and it has 101.9 km of coastline. Discovered in the mid-19th century, the islands have been an Australian territory since 1947 and contain the country's two only active volcanoes. The summit of one, Mawson Peak, is higher than any mountain on the Australian mainland. The islands lie on the Kerguelen Plateau in the Indian Ocean.