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Swift Code / BIC (Bank Identifier Code) Details for OFITFRP1 and OFITFRP1___

OFITFRP1 is the swift code for Primary Office of OFI INSTIT Bank in PARIS France. Since this swift code belongs to a primary office of the bank, it can have an optional branch code "___". This swift code belongs to a financial institution.

Swift Code is also known as SWIFT-BIC, BIC (Bank Identifier Code), or SWIFT ID.Bank Identifier Code or BIC for OFI INSTIT is also OFITFRP1 and OFITFRP1___.

Swift Code / BIC (Bank Identifier Code)OFITFRP1 Swift Code for primary office is generally formatted as 8 characters.
OFITFRP1___ Swift Code for primary office can have optional ___ at the end.
BankOFI INSTIT
BranchPrimary Office
CityPARIS
Country
Branch Code___ (Optional)
Address22 rue vernier 75017 PARIS FRANCE
Postal Code
Type of institutionFinancial Institution

What is a SWIFT Code / BIC (Bank Identifier Code)

Swift Code is a unique identification code for a particular bank. It is a standard format for Business Identifier Codes (BICs, previously known as Bank Identifier Codes). It is technically used to identify banks and financial institutions globally distinctively - it says who and where they are. People use these codes to transfer money within banks for international wire transfers (the reason you're probably here looking up for info). SWIFT codes and BIC codes are same and the terms are interchangeable.

Parts of Swift Code OFITFRP1 and OFITFRP1___

Swift codes are usually formed of 8 (or) 11 characters.You can understand that a swift code or BIC refers to a primary office when it's formatted in an 8-digit code.The codes are arranged in the following manner:

OFIT FR P1 ___

4 Letter Bank Code2 Letter Country Code2 Letter Location Code3 Letter Branch Code
OFITFRP1___
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