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Madagascar Information

About Madagascar

Madagascar is part of the continent of Africa. The Capital of Madagascar is: Antananarivo. Capital timezone is: Indian/Antananarivo. Currency is: Ariary.
Language Codes of Madagascar : fr-MG,mg
Languages speak in Madagascar : French (official), Malagasy (official), English
ISO Alpha-2 Code of Madagascar is : MG
ISO Alpha-3 Code of Madagascar is : MDG
ISO 3166-1 numeric (or numeric-3) Code of Madagascar is : 450
ISD Code of Madagascar is : +261
FIPS (Federal Information Processing System) Code is : MA
E.164 (The international telephone numbering plan) : 261
The top label domain of the Madagascar is : .mg
Internet host in Madagascar is : 38392
Internet users in Madagascar is : 319900
Mobile phones in Madagascar is : 8564000
Landline phone in Madagascar is : 143700
Area of Madagascar is : 587040 KM2
GEO Name ID Madagascar is : 1062947
GDP of Madagascar is : $10530000000

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Rate Date : 20/04/24

General Information About SWIFT / BIC Code


What is SWIFT/BIC Code?

SWIFT codes means Society of Worldwide Interbank Financial Telecommunication Code. The Swift/BIC code is used to identify a particular branch of a bank or financial institution & it'll help you to transfer money internationaly and executor for cross-border payments.

The length of the Swift Code is either eight or eleven digits & combination of couple of letters & numbers. The first four charecter of the swift code is bank code, next two digits is country code, next two digits is location code & last three digits is optional & it's help to identify the specific bank branch.

Financial institutions worldwide have the option to become part of SWIFT’s network. They provide messaging systems and use the latest technology to ensure safe and expedient international commerce.

What is Swift code used for?

These codes are used when transferring money between banks, particularly for international wire transfers. Banks also use these codes for exchanging messages between them.

Example: Breakdown of SWIFT/BIC Code

A

B

C

D

1

2

3

4

5

6

7

Bank Code

Country ISO Code

Location Code

Branch Code
(Optional)