Niue Bank Swift Code and BIC Code
What is Niue 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 Niue.
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 NU CC DDD
- The first 4 characters ("AAAA") specify the bank. Only letters are allowed.
- The next 2 characters ("NU") 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.
Niue is an island country in the South Pacific Ocean, 2,400 kilometres northeast of New Zealand. Niue's land area is about 261 square kilometres and its population, predominantly Polynesian, was about 1,600 in 2016. The island is commonly referred to as "The Rock", which comes from the traditional name "Rock of Polynesia". Niue is one of the world's largest coral islands. The terrain of the island has two noticeable levels. The higher level is made up of a limestone cliff running along the coast, with a plateau in the centre of the island reaching approximately 60 metres high above sea level. The lower level is a coastal terrace approximately 0.5 km wide and about 25–27 metres high, which slopes down and meets the sea in small cliffs. A coral reef surrounds the island, with the only major break in the reef being in the central western coast, close to the capital, Alofi.