SWIFT / BIC
SWIFT/BIC code of Concorde Ertekpapir Zartkoruen Mukodo Reszvenytarsasag
COEGHUH1 · Hungary
- BIC, 8 characters
- COEGHUH1
- BIC, 11 characters
- COEGHUH1XXX
- Country
- Hungary
- Address
- Voeroesmarty 1 Budapest 1051 Hungary
Source: ISO 9362 BIC registry, head-office codes only, no branch codes. Check the code with the bank before sending a large transfer.
How COEGHUH1 is built
| Positions | Length | Meaning |
|---|---|---|
| 1–4 | 4 | COEG Bank code |
| 5–6 | 2 | HU Country |
| 7–8 | 2 | H1 Location |
| 9–11 | 3 | XXX Branch · XXX or omitted = head office |
Other SWIFT codes in Hungary
How to use COEGHUH1 for a transfer
Give the sender two things: the BIC COEGHUH1 (or COEGHUH1XXX if the form asks for 11 characters) and your account number at Concorde Ertekpapir Zartkoruen Mukodo Reszvenytarsasag. In Hungary the account number is the IBAN, 28 characters starting with HU. Check both on your bank statement before sending a large amount: a wrong code delays the transfer or sends it back with fees.
The BIC (Business Identifier Code), commonly called SWIFT code, identifies a bank or institution in international payments. It has 8 or 11 characters: 4 letters for the institution, 2 for the country, 2 for the location, and an optional 3 for the branch. XXX, or no branch code at all, means the head office.
Questions
What is the SWIFT code of Concorde Ertekpapir Zartkoruen Mukodo Reszvenytarsasag?
The SWIFT/BIC code of Concorde Ertekpapir Zartkoruen Mukodo Reszvenytarsasag is COEGHUH1. In the 11-character form it is COEGHUH1XXX, where XXX stands for the head office.
Is COEGHUH1 a SWIFT code or a BIC?
Both: BIC is the ISO 9362 name of the code, SWIFT the network that assigns it. COEGHUH1 is the same code under either name.
Do I also need the IBAN to receive money at Concorde Ertekpapir Zartkoruen Mukodo Reszvenytarsasag?
Hungary uses the IBAN: the account number to give with the BIC is the IBAN, 28 characters long and starting with HU. See the IBAN format of Hungary.
Can I receive international transfers with iSwiss Pay?
Yes. The iSwiss Pay euro, US dollar and pound accounts each come with their own coordinates, including the BIC where applicable, and receive SWIFT and local transfers.
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