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About Panama
Panama is part of the continent of North America. The Capital of Panama is: Panama City. Capital timezone is: America/Panama. Currency is: Balboa.
Language Codes of Panama : es-PA,en
Languages speak in Panama : Spanish (official), English 14%
ISO Alpha-2 Code of Panama is : PA
ISO Alpha-3 Code of Panama is : PAN
ISO 3166-1 numeric (or numeric-3) Code of Panama is : 591
ISD Code of Panama is : +507
FIPS (Federal Information Processing System) Code is : PM
E.164 (The international telephone numbering plan) : 507
The top label domain of the Panama is : .pa
Internet host in Panama is : 11022
Internet users in Panama is : 959800
Mobile phones in Panama is : 6770000
Landline phone in Panama is : 640000
Area of Panama is : 78200 KM2
GEO Name ID Panama is : 3703430
GDP of Panama is : $40620000000
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Rate Date : 25/04/24
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 | |||||||