Piraues Bank SA Swift Code Details

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Piraeus Bank SA is a well-established bank with a long history in Greece. The bank was founded in 1916.

Piraeus Bank SA has a number of SWIFT codes, which are used for international transactions. One of the most common SWIFT codes for the bank is GREEGBPP.

SWIFT codes are used to identify banks and financial institutions worldwide. They typically consist of eight or eleven characters, with the first four letters being the bank's code, followed by the country code, and the remaining characters representing the branch code.

The SWIFT code GREEGBPP is specifically used for Piraeus Bank SA's headquarters in Greece. This code can be used for international wire transfers and other cross-border transactions.

Piraues Bank Details

The SWIFT code for Piraues Bank SA is a unique 8-11 character code that identifies the bank's country, city, and branch.

A SWIFT/BIC code is made up of four main parts: the bank code, country code, location code, and branch code. Each part plays a crucial role in identifying the bank and its location.

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The bank code is a 4-letter code that represents the bank, usually a shortened version of the bank's name. In the case of Piraues Bank SA, the bank code is a 4-letter abbreviation of the bank's name.

The country code is a 2-letter code that represents the country where the bank is located. For Piraues Bank SA, the country code is a 2-letter code that identifies Greece, the country where the bank is based.

The location code is a 2-character code that identifies the bank's head office. This code can be made up of letters or numbers and is used to specify the location of the bank's head office.

Here's a breakdown of the different parts of a SWIFT/BIC code:

The branch code is a 3-digit code that specifies a particular branch of the bank. In some cases, the branch code is represented by 'XXX', which indicates the bank's head office.

Understanding Swift Code

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A SWIFT Code is a standard format of Bank Identifier Code (BIC) used to specify a particular bank or branch.

It's 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.

The format of a SWIFT code is AAAABBCCDDD, where:

  • 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)

For example, the SWIFT code for Piraeus Bank is PIRBGRAAXXX.

The last three characters, 'XXX', represent the bank's head office.

You can validate a SWIFT code before a money transfer to ensure it's correct.

If you're unsure which SWIFT code to use, be sure to double-check with your recipient or directly with the bank.

Code Validation

Before sending any money, it's essential to validate your SWIFT code.

You can check your SWIFT code is valid before a money transfer.

To ensure a smooth transaction, validate your SWIFT code with the recipient's bank.

Validate a SWIFT code to avoid any potential delays or issues with your transfer.

Tasha Kautzer

Senior Writer

Tasha Kautzer is a versatile and accomplished writer with a diverse portfolio of articles. With a keen eye for detail and a passion for storytelling, she has successfully covered a wide range of topics, from the lives of notable individuals to the achievements of esteemed institutions. Her work spans the globe, delving into the realms of Norwegian billionaires, the Royal Norwegian Naval Academy, and the experiences of Norwegian emigrants to the United States.

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