The BIC is required to be included in all messages between the banks using the Swift network. €™s their online search service that I wish to explain here.
BIC have released a new set of codes (BIC Version 2) for categorising titles. The SWIFT code for its primary office is NEDSZAJJ:
NEDS identifies Nedbank
ZA is the country code for South Africa
JJ is the code for Johannesburg
Nedbank has not implemented the extended code of 11 digits and all SWIFT transfers to its accounts are directed to the primary office for processing. Go to the business description website to look for the codes.
Swift issues the Business Entity Identifier or BEI for non financial corporations on the network. Other Codes
Other codes that you may see are BSB, Sort Code, ABA Routing Number, Clearing Code or National Clearing Code.
| Country | City | Bank Name | Branch | SWIFT |
|---|---|---|---|---|
| Germany | Nordhausen | Nordthuehringer Volksbank EG | Nordthuehringer Volksbank EG | GENODEF1NDS |