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Eritrea Information

About Eritrea

Eritrea is part of the continent of Africa. The Capital of Eritrea is: Asmara. Capital timezone is: Africa/Asmara. Currency is: Nakfa.
Language Codes of Eritrea : aa-ER,ar,tig,kun,ti-ER
Languages speak in Eritrea : Tigrinya (official), Arabic (official), English (official), Tigre, Kunama, Afar, other Cushitic languages
ISO Alpha-2 Code of Eritrea is : ER
ISO Alpha-3 Code of Eritrea is : ERI
ISO 3166-1 numeric (or numeric-3) Code of Eritrea is : 232
ISD Code of Eritrea is : +291
FIPS (Federal Information Processing System) Code is : ER
E.164 (The international telephone numbering plan) : 291
The top label domain of the Eritrea is : .er
Internet host in Eritrea is : 701
Internet users in Eritrea is : 200000
Mobile phones in Eritrea is : 305300
Landline phone in Eritrea is : 60000
Area of Eritrea is : 121320 KM2
GEO Name ID Eritrea is : 338010
GDP of Eritrea is : $3438000000

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Rate Date : 25/12/24

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)