
Siam Bank is a well-established bank in Thailand with a long history dating back to 1894.
The bank's SWIFT code is SIBTHBB, which is used for international transactions.
Siam Bank offers a range of banking services to individuals, businesses, and institutions, making it a popular choice for those in Thailand and abroad.
To use Siam Bank's SWIFT code, you'll need to provide your sender's bank with the code and your account details.
What is a SWIFT Code?
A SWIFT code is an 8-11 character code that identifies a specific bank and branch. It's like a unique address for banks to communicate with each other.
SWIFT codes are used for international wire transfers, allowing banks to send and receive money across borders. The code is usually formatted as a combination of letters and numbers.
The SWIFT code for Siam Bank is unique to the bank and branch, and it's essential for international transactions. For example, the SWIFT code for Siam Commercial Bank's Bangkok branch is SICOTHBK.
SWIFT codes are not the same as IBAN numbers, which are used for European countries.
Siam Commercial Bank Pcl.
Siam Commercial Bank Pcl is one of the main banks in Thailand that has a SWIFT code. Siam Commercial Bank Pcl is listed among the main Thailand banks that have SWIFT codes.
Siam Commercial Bank Pcl is a well-established bank with a long history in Thailand. Siam Commercial Bank Pcl is one of the largest banks in Thailand.
Here is a list of main Thailand banks that have SWIFT codes:
- Bangkok Bank
- Bank of Ayudhya
- Kasikornbank
- Krungthai Bank
- Siam Commercial Bank (SCB)
- TMBThanachart Bank
- United Overseas Bank (UOB Thai)
Understanding SWIFT Codes
A SWIFT code is a unique identifier for a bank or financial institution, used to move money around the world via international bank transfers.
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.
The structure of a SWIFT code is a minimum of eight to a maximum of eleven digits, with a specific format that includes the bank code, country ISO code, location code, and branch code (if applicable).
Here is a breakdown of the structure:
Remember, always double-check with the recipient before sending money to ensure you have the right SWIFT code, as financial institutions may have several different SWIFT codes.
Code Explained:
A SWIFT code is a unique identifier for a bank or financial institution, also known as a BIC code. It's used to move money around the world via international bank transfers.
The format of a SWIFT code is a minimum of eight to a maximum of eleven digits, alphanumeric, numeric, or alphabetic code. Typically, you can use the first eight symbols without a branch code for a SWIFT funds transfer, but it's recommended to double-check with the bank.
The structure of a SWIFT code is as follows: Bank Code, Country ISO Code, Location Code, and Branch Code (optional). The first four characters of the code are the bank code.
Here's a breakdown of the structure:
This structure helps identify a particular branch of a bank or financial institution, making it easier to transfer money internationally.
Are There Other Codes?
You might be wondering if there's more than one SWIFT code for a bank. The answer is yes, financial institutions often have multiple SWIFT codes representing different branches.
Always double-check with the recipient before sending money to ensure you have the right SWIFT code.
Financial institutions may have several different SWIFT codes that differ by just a few letters or numbers.
You can save up to 6x on international money transfers by using a service like Wise, which sends money internationally at the real exchange rate with no hidden fees.
Example and Breakdown
Understanding the structure of a SWIFT/BIC code is crucial for anyone looking to send or receive international payments. A SWIFT/BIC code consists of 8-11 characters.
The code is divided into several parts, each with its own specific function. The first 4 characters represent the bank code.
The next 2 characters represent the country ISO code, which is a unique identifier for the country where the bank is located.
The next 2 characters represent the location code, which identifies a specific branch or location of the bank.
The final 1-3 characters are optional and represent the branch code, which further identifies a specific branch of the bank.
Here is a breakdown of the SWIFT/BIC code structure in a table:
This structure helps ensure that international payments are processed quickly and accurately.
Thailand Banks
If you're looking to send money internationally, you'll need to know the SWIFT codes for main Thailand banks. Here are the codes for Bangkok Bank, Bank of Ayudhya, Kasikornbank, Krungthai Bank, Siam Commercial Bank (SCB), TMBThanachart Bank, and United Overseas Bank (UOB Thai).
The format of a SWIFT code is quite specific, with a minimum of eight to a maximum of eleven digits, including alphanumeric characters. It's broken down into several parts, including the bank code, country ISO code, location code, and branch code (if applicable).
Here's a list of the main Thailand banks with their corresponding SWIFT codes:
- Bangkok Bank
- Bank of Ayudhya
- Kasikornbank
- Krungthai Bank
- Siam Commercial Bank (SCB)
- TMBThanachart Bank
- United Overseas Bank (UOB Thai)
The structure of a SWIFT code is as follows: SICOTHYYZZZ. This breaks down into the bank code, country ISO code, location code, and branch code (if applicable).
Siam Commercial Bank Pcl. Branches
Siam Commercial Bank Pcl. has several branches in Bangkok, Thailand.
The bank's main branches can be identified by their Swift Code, which is SICOTHBK.
One of the notable branches is the Treasury Department Branch, which has its own unique Swift Code: SICOTHBKTSD.
The bank's branches are located in the city of Bangkok, specifically in Thailand.
Main Thailand Banks
Bangkok Bank, Bank of Ayudhya, Kasikornbank, Krungthai Bank, Siam Commercial Bank (SCB), TMBThanachart Bank, and United Overseas Bank (UOB Thai) are some of the main banks in Thailand.
These banks are well-established and widely recognized in the country, offering a range of financial services to individuals and businesses.
Bangkok Bank and Siam Commercial Bank (SCB) are two of the largest banks in Thailand, with a strong presence in the country's banking sector.
Bank of Ayudhya and Kasikornbank are also major players, known for their innovative financial products and services.
TMBThanachart Bank and Krungthai Bank are other prominent banks in Thailand, offering a range of banking services to customers.
United Overseas Bank (UOB Thai) is a subsidiary of the Singapore-based United Overseas Bank, with a strong presence in Thailand's banking sector.
Here is a list of the main Thailand banks mentioned earlier:
- Bangkok Bank
- Bank of Ayudhya
- Kasikornbank
- Krungthai Bank
- Siam Commercial Bank (SCB)
- TMBThanachart Bank
- United Overseas Bank (UOB Thai)
Frequently Asked Questions
Is SWIFT code same for all branches?
A SWIFT code may be the same for all branches or unique to each branch, depending on the bank. Typically, you can use the bank's head office SWIFT code as a safe default.
What is the SWIFT code for SCB international transfer?
To send international funds to an SCB account, use the SWIFT code SICOTHBK. This code is required for international transfer processing.
What is the SWIFT code for Bangkok Bank Siam Square?
The SWIFT code for Bangkok Bank Siam Square is BKKBTHBK. This code enables easy international fund transfers to your Bangkok Bank account.
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