If you are transferring or receiving international money from Bank of Queensland, entering Swift Code Bank of Queensland must be done sooner. If you do not have Bank of Queensland Swift code, then your transaction will not work. Today we will introduce you to this code of Bank of Queensland.
In the previous post, Info Credit Free introduces people to the Swift Code Australia and New Zealand Banking Group (ANZ). Now, let find knowledge about You need Swift Code Bank of Queensland to send international money in the post today.
SWIFT CODE BANK OF QUEENSLAND
Just like a lot of article posts such as NAB investment loan rate, open bank account online Australia, travel insurance Australia, check agencies in Australia…, this post about Swift Code Bank of Queensland also includes some main parts.
In theory, the Swift code bank or Swift Code Bank of Queensland is unique, not identical with any bank in the world.
The SWIFT Code Bank of Queensland is used to transfer money overseas. SWIFT stands for Interbank Financial Telegraph Association Worldwide. Together SWIFT form the identifier of 8-11 characters of a bank or financial institution:
- 4 letters: Institution Code or bank code.
- 2 letters: ISO 3166-1 alpha-2 country code
- 2 letters or digits: location code
- if the second character is “0”, then it is typically a test BIC as opposed to a BIC used on the live network.
- if the second character is “1”, then it denotes a passive participant in the SWIFT network
- if the second character is “2”, then it typically indicates a reverse billing BIC, where the recipient pays for the message as opposed to the more usual mode whereby the sender pays for the message.
- 3 letters or digits: branch code, optional (‘XXX’ for the main office)
When people need to enter the name of the bank, rather than the Australian name, you must leave the bank’s international transaction name “Bank of Queensland” and the Bank of Queensland code is QBANAU4B. Name defects and characters in the Swift code sequence.
NOTE: People should copy the bank name and Swift Code of Bank of Queensland into the request frame instead of re-entering because there are possible errors. If the receive or transfer money transaction fails due to SWIFT Code error, the money will be suspended. And you have to re-execute the transaction after 3-5 days (maybe slower or faster) but obviously, it will affect your job.
This post is information about Swift Code Bank of Queensland. We offer this informations to give you some necessary information, useful when using services in the Bank of Queensland. Also if you are using National Australian Bank (NAB) products and would like to know the SWIFT Code of this bank, please refer to the Swift Code National Australian Bank (NAB) link we just provided in the previous article.
In addition, Info Credit Free offers a lot of information about personal loans or insurance in Australia in a variety of previous articles. If you are living in Australia and want to get loans or insurance, people should read some articles such as Workers compensation insurance has a lot of benefits, Who needs professional indemnity insurance and how to get it…
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