swift code stands for society for worldwide interbank financial telecommunication.its is also known as BIC (Bank identifier codes), approved by the International Organization for Standardization(ISO).All banks use a swift code for Transfer money to abroad bank.
A format for Bank SWIFT Code
A SWIFT code consists of eight or eleven characters: (ex. SBININBB832).
first four characters is a bank code: (ex. SBINxxxxxxx). Here SBIN is a bank code.
next 2 characters is a country code: (ex. xxxxINxxxxx). Here IN is a country code.
next 2 characters is a location code: (ex. xxxxxxBBxxx).Here BB is a location code.
last three characters is a bank branch code, it is optional for primary office (ex. xxxxxxxx832).Here 832 is a bank branch code.