ARSPBE22 XXX - SWIFT Code (BIC) - ARGENTA - BELGIUM
A SWIFT code, also known as a BIC (Bank Identifier Code), is a unique identification code used to identify a specific bank or financial institution in international transactions. It helps in securely transferring money between banks, ensuring that the funds reach the correct destination. These codes are crucial for ensuring the accurate routing of funds during international transfers between banks.
The SWIFT code ARSPBE22XXX refers to ARGENTA, which is a financial institution based in Belgium. It is the unique identification code assigned to this specific bank and is used for international transactions, facilitating secure communication between financial institutions when transferring money globally.
The code ARSPBE22 identifies the primary SWIFT of ARGENTA, and the "XXX" at the end typically represents the specific branch or location of the bank or institution to which it's assigned. SWIFT codes are essential in wire transfers, ensuring that funds are accurately directed to the correct recipient's bank and branch.
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ARSPBE22XXX SWIFT CODE DETAILS - ARGENTA | |
| SWIFT CODE | ARSPBE22XXX |
|---|---|
| SWIFT CODE (8 characters) | ARSPBE22 |
| BANK NAME | ARGENTA |
| BANK BRANCH | Primary Office |
| BRANCH CODE | XXX |
| COUNTRY |  BELGIUM (BE) |
| CITY | ANTWERPEN |
| ADDRESS | BELGIELEI 49-53 |
| ZIP / POSTAL CODE | 2018 |
| LEI CODE | A6NZLYKYN1UV7VVGFX65 |
| CODE STATUS | Check |
| MONEY TRANSFER | Save on international fees by using Wise, which is up to 8x cheaper than SWIFT transfers. |
SWIFT Code ARSPBE22XXX Breakdown
- SWIFT Digits:
- 8 - The short 8-letter swift refers to the PRIMARY Office of ARGENTA.
- Institution / Bank Code:
- ARSP - This is the institution / bank code assigned to ARGENTA.
- Country Code:
- BE - This is the 2-letter country code associated with BELGIUM (BE).
- Location Code:
- 22 - This represents the location code, and the second digit/character has a value of "2". This means that this is a reverse billing BIC.
- Branch Code:
- XXX - This branch code value means this is the Primary Office (or Head Office) branch for ARGENTA (this branch code is optional).
SWIFT Code General Structure
A SWIFT code (BIC) is an 8-11 character code that identifies your country, city, bank, and branch and is structured as follows:
- 4 letters: Institution code or bank code.
- 2 letters: ISO 3166-1 alpha-2 country code
- 2 letters or digits: location code
- if the second character is "0", then it is typically a test BIC as opposed to a BIC used on the live network.
- if the second character is "1", then it denotes a passive participant in the SWIFT network
- 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.
- 3 letters or digits: branch code, optional ('XXX' for the banking institution's primary office)
Where an 8-digit code is given, it may be assumed that it refers to the primary office.
SWIFT Standards, a division of The Society for Worldwide Interbank Financial Telecommunication (SWIFT), handles the registration of these codes. Because SWIFT originally introduced what was later standardized as Business Identifier Codes (BICs), they are still often called SWIFT addresses or codes.
SWIFT Codes Frequently Asked Questions
What are SWIFT codes?
A SWIFT code is a set of 8 or 11 digits that uniquely identify a bank branch. You'll need to use one when sending money internationally.
If you want to send money to ARGENTA, registered at BELGIELEI 49-53 in ANTWERPEN, BELGIUM you will need the ARSPBE22XXX SWIFT code.
What are BIC codes?
BIC code is just a different name for SWIFT code.
Both represent a sequence of either 8 or 11 digits which include a bank code, a country code, a location code, and a branch code — all of which are combined to identify an individual bank branch.
Is a SWIFT code the same for all branches?
Not all bank branches have a SWIFT code. When you can't find the code for your specific branch, you can use the bank’s primary office swift.
Do you need a SWIFT code for international transfers?
When you send money internationally, you need a SWIFT / BIC code. Without it, your bank can't identify the exact bank where the money needs to be sent.
Do I need an IBAN number?
Europe, Middle East and Caribbean countries have adopted the use of International Bank Account Number (IBAN) for international funds transfers. Remember to use IBAN if you are making transfers to countries in these regions.
An IBAN account number format consists of up to 34 alphanumeric characters so it would be wise to check the IBAN number prior to making a transfer.
IBANs don’t replace sort codes or account numbers. They are used to identify individual bank accounts for both incoming and outgoing international money transfer transactions whereas SWIFT code / BIC codes are mainly used to identify a specific bank during an international transaction.
What is a LEI Code?
LEI code (short for Legal Entity Identifier), is a 20 letters and numbers code that is unique to a legal entity such as a Limited Company, Fund or trust or any organisation. This code allows each entity to be identified on a global database of entities searchable by number instead of by name, as many entities may have similar or the same name. The LEI is now a legal requirement for many companies within the global financial system.