SWIFT / BIC
SWIFT/BIC code of Alternative Bank Schweiz AG
ABSOCH22 · Switzerland
- BIC, 8 characters
- ABSOCH22
- BIC, 11 characters
- ABSOCH22XXX
- Country
- Switzerland
- Address
- Amthausquai 21 Olten 4601 Switzerland
Source: ISO 9362 BIC registry, head-office codes only, no branch codes. Check the code with the bank before sending a large transfer.
How ABSOCH22 is built
| Positions | Length | Meaning |
|---|---|---|
| 1–4 | 4 | ABSO Bank code |
| 5–6 | 2 | CH Country |
| 7–8 | 2 | 22 Location |
| 9–11 | 3 | XXX Branch · XXX or omitted = head office |
Other SWIFT codes in Switzerland
How to use ABSOCH22 for a transfer
Give the sender two things: the BIC ABSOCH22 (or ABSOCH22XXX if the form asks for 11 characters) and your account number at Alternative Bank Schweiz AG. In Switzerland the account number is the IBAN, 21 characters starting with CH. 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 Alternative Bank Schweiz AG?
The SWIFT/BIC code of Alternative Bank Schweiz AG is ABSOCH22. In the 11-character form it is ABSOCH22XXX, where XXX stands for the head office.
Is ABSOCH22 a SWIFT code or a BIC?
Both: BIC is the ISO 9362 name of the code, SWIFT the network that assigns it. ABSOCH22 is the same code under either name.
Do I also need the IBAN to receive money at Alternative Bank Schweiz AG?
Switzerland uses the IBAN: the account number to give with the BIC is the IBAN, 21 characters long and starting with CH. See the IBAN format of Switzerland.
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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