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SWIFT / BIC Code Details of SALEM CAPITAL MANAGEMENT, MAIN BRANCH Branch
COUNTRY NAME UNITED STATES
COUNTRY CODEUS
BANK NAMESALEM CAPITAL MANAGEMENT
BRANCH NAME MAIN BRANCH
CITY NAMEWOBURN,MA
SWIFT CODE SAPMUS31

(Use for international fund transfer.)

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About Salem Capital Management, Main Branch Branch

General Information -

The Salem Capital Management , Main Branch Branch is Located in Woburn,ma City, United States.
The Swift / BIC Code of Salem Capital Management , Main Branch is : SAPMUS31

Breakdown of Salem Capital Management, Main Branch Branch SWIFT Code

S

A

P

M

U

S

3

1

Bank Code

Country ISO Code

Location Code

The first four digits (SAPM) represent the bank, here it's representing Salem Capital Management.

Next two digits (US) is country ISO code & here this code indicates United States country.

Next two digits is (31) - is location code, it's use to identify the particular bank location.

    1. If the second character is "0" - then it is typically a test BIC as opposed to a BIC used on the live network.
    2. If the second character is "1" - then it denotes a passive participant in the SWIFT network
    3. If the second character is "2" - then it typically indicates a reverse billing BIC, where the recipient pays for the message as opposed to the more usual mode whereby the sender pays for the message.

    This SWIFT Code is an eight-digit code, it may be assumed that it refers to the primary office.

    FAQ

    The SWIFT / BIC Code of Salem Capital Management, Main Branch Branch is : SAPMUS31

    The Salem Capital Management , Main Branch is Located in Woburn,ma , United States.

    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)