A SWIFT code sometimes also called a SWIFT number is a standard format for Business Identifier Codes (BIC). Banks and financial institutions use them to identify themselves globally. It says who and where they are a sort of international bank code or ID.
These codes are used when transferring money between banks, particularly for international money transfers or SEPA payments. Banks also use these codes to exchange messages with each other
|SWIFT Code||ICBKAEAD or ICBKAEADXXX|
|Bank Code||ICBK – code assigned to INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED, DUBAI(DIFC) BRANCH|
|Country Code||AE – code belongs to United Arab Emirates|
|Location Code||AD – code represents the institution location|
|Code Status||D – D means active code|
|Branch Code||not assigned or XXX – code indicates this is a head office|