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Nicaragua Information

About Nicaragua

Nicaragua is part of the continent of North America. The Capital of Nicaragua is: Managua. Capital timezone is: America/Managua. Currency is: Cordoba.
Language Codes of Nicaragua : es-NI,en
Languages speak in Nicaragua : Spanish (official) 95.3%, Miskito 2.2%, Mestizo of the Caribbean coast 2%, other 0.5%
ISO Alpha-2 Code of Nicaragua is : NI
ISO Alpha-3 Code of Nicaragua is : NIC
ISO 3166-1 numeric (or numeric-3) Code of Nicaragua is : 558
ISD Code of Nicaragua is : +505
FIPS (Federal Information Processing System) Code is : NU
E.164 (The international telephone numbering plan) : 505
The top label domain of the Nicaragua is : .ni
Internet host in Nicaragua is : 296068
Internet users in Nicaragua is : 199800
Mobile phones in Nicaragua is : 5346000
Landline phone in Nicaragua is : 320000
Area of Nicaragua is : 129494 KM2
GEO Name ID Nicaragua is : 3617476
GDP of Nicaragua is : $11260000000

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Rate Date : 29/03/24

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)