| SWIFT Code | ABTTUS44 |
|---|---|
| Bank Name | ABBOTT LABORATORIES |
| Address | 100 ABBOTT PARK ROAD |
| City | ABBOTT PARK, IL |
| Branch | |
| Postcode | 60064-6028 |
| Country | United States |
| Connection | Active |
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ABTTUS44 – SWIFT Code Breakdown
- SWIFT Code
- ABTTUS44
or ABTTUS44XXX - Bank Code
- ABTT – code assigned to ABBOTT LABORATORIES
- Country Code
- US – code belongs to United States
- Location & Status
- 44 – represents location, second digit ‘4’ means active code
- Branch Code
XXX or not assigned, indicating this is a head office
What is a SWIFT Code?
A SWIFT Code is a standard format of Bank Identifier Code (BIC) used to specify a particular bank or branch. These codes are used when transferring money between banks, particularly for international wire transfers. Banks also use these codes for exchanging messages between them.
SWIFT codes comprise of 8 or 11 characters. All 11 digit codes refer to specific branches, while 8 digit codes (or those ending in ‘XXX’) refer to the head or primary office. SWIFT codes are formatted as follows:
AAAA BB CC DDD
- First 4 characters – bank code (only letters)
- Next 2 characters – ISO 3166-1 alpha-2 country code (only letters)
- Next 2 characters – location code, passive participant will have “1” in the second character (letters and digits)
- Last 3 characters – branch code, optional – ‘XXX’ for primary office (letters and digits)
The registrations of SWIFT codes are handled by Society for Worldwide Interbank Financial Telecommunication (SWIFT) and their headquarters is located in La Hulpe, Belgium. SWIFT is the registered trademark of S.W.I.F.T. SCRL with a registered address at Avenue Adèle 1, B-1310 La Hulpe, Belgium.
What is a SWIFT code?
A SWIFT code is a unique identifier for a bank or financial institution. SWIFT codes are also known as BIC codes, which stands for “Business Identifier Code”.
SWIFT codes are used to move money around the world via international bank transfers. For instance, if you want to send money to ABBOTT LABORATORIES, you would need the SWIFT code ABTTUS44, plus the recipient’s IBAN number.
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