Swift Code / BIC (Bank Identifier Code) Details for DTCCUS3ACOT
DTCCUS3ACOT is the swift code for Branch of DEPOSITORY TRUST AND CLEARING CORPORATION Bank in NEW YORK,NY United States. The Branch Code for this swift code is COT. 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 DEPOSITORY TRUST AND CLEARING CORPORATION is also DTCCUS3ACOT.
| Swift Code / BIC (Bank Identifier Code) | DTCCUS3ACOT |
| Bank | DEPOSITORY TRUST AND CLEARING CORPORATION |
| Branch | |
| City | NEW YORK,NY |
| Country | |
| Branch Code | COT |
| Address | NEW YORK,NY UNITED STATES |
| Postal Code | |
| Type of institution | Financial 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 DTCCUS3ACOT
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:
DTCC US 3A COT
- Bank Code (A-Z) - 4 letter code. The first four letters indicate the shortened version of a bank's name. The Bank Code for this is DTCC.
- Country Code (A-Z) - 2 letter code. The second two letters say the name of the country in which the bank is located. The Country Code for this is US. The country corresponding to this country code is United States.
- Location Code (0-9) (A-Z) - A 2 digit code that could be either two letters or numbers. It says where the bank's head office is located. The Location Code for this is 3A.
- Branch Code - This is an optional 3-digit code. It states a particular branch instead of the bank's head office. The Branch Code for this is COT.
| 4 Letter Bank Code | 2 Letter Country Code | 2 Letter Location Code | 3 Letter Branch Code |
|---|---|---|---|
| DTCC | US | 3A | COT |