Sunday, June 22, 2025
  • News
  • Weather
    • Climate Business
    • Climate Change
    • Climate Solutions
    • Living Green
  • Business
  • Health
  • Opinion
  • Law & Order
  • Sports
  • Entertainment
  • Lifestyle
  • Sci-Tech
  • Behind The Brand
REGISTER
LOGIN
No Result
View All Result
The Kenya Times
  • News
    • All
    • Diaspora News
    • East Africa News
    • National News
    • World News
    Details of Police Officer

    Mother of Boy Shot Eight Times in Rongai Speaks on Ruto’s Broken Promises

    The late Ambassador Boaz Mbaya.

    Raila’s Ex-Campaign Manager Ambassador Boaz Mbaya Dies

    Iran’s Atomic Energy Organisation spokesperson Behrouz Kamalvandi

    Iran Spokespersons Vows to Continue “Unstoppable” Nuclear Industry

    Gautam Shantilal Adani, the founder and chairman of Adani Group holdings. PHOTO/Adani Group.

    Ndii Reveals UAE’s Role in Decision to Pick Adani for JKIA Deal

    Trump Orders Military Action Without Congress Approval

    Can President Trump Order Military Action Without Congress Approval?

    African Stream closes down

    Nairobi-Based Media Outlet Announces Its Closure After ‘Censorship’ by US

    President Donald Trump after signing executive orders at the Oval Office. PHOTO/White House.

    US Announces Escape Routes for Citizens in Iran and Israel Amidst Attack

    Details of Police Officer

    “Shot 8 Times”- New Details on Police Officer Who Shot Mask Vendor Emerge

    US Embassy advisory in Kenya

    US Embassy Issues New Travel Advisory on Kenya Ahead of June 25 March

  • Weather
    • Climate Business
    • Climate Change
    • Climate Solutions
    • Living Green
  • Business
    • All
    • Banking
    • Cryptocurrency
    • Economy
    • Money Markets
    • Real Estate
    • Startups
    African Stream closes down

    Nairobi-Based Media Outlet Announces Its Closure After ‘Censorship’ by US

    Gulf Africa Bank to be Acquired by Soren Investment Company

    Gulf Africa Bank Acquired by Dubai-Based Company

    Education Leading in 2025/26 Budget Sector Gains with Ksh700 Billion

    Education Leading in 2025/26 Budget Sector Gains

    How Kenya Will Unlock Ksh175 B Without Raising New Taxes

    How KRB is Using Securitization to Solve Infrastructure Funding Gap

    A delegation of Italian leather industry experts

    Italy Leads Efforts to Revive Kenya’s Leather Industry

    Infotrak has revealed how Kenyans are coping with the high cost of living

    Kenya Gains in New Partnership Between U.S. Firm and Diplomatic Housing Grit

    A branch of Bank of Africa in Kenya PHOTO/Bank of Africa

    Bank of Africa Owners, Branches & Loans Offered

    Moi University Announces Public Auction of Donkeys & Dogs 

    Moi University Selling Donkeys and Dogs for Up to Ksh40,000

    Citibank N.A. Kenya is a subsidiary of Citigroup, headquartered in New York, USA PHOTO/TripAdvisory

    Citibank Owners, Branches & Loans Offered

  • Health
    • All
    • Health & Science
    • Mens Health
    • Mental Health
    • Wellness
    • Womens Health
    Health Worker Handling Mpox Vaccine Vials PHOTO/KBC

    Understanding How Mpox Spreads, Symptoms, and How to Prevent

    Health workers on the streets

    Health Workers Reject New Patient Safety Bill 2025

    HIV injection and pills. Photo/ Pexel

    Breakthrough as FDA Approves New HIV Prevention Injection

    Kenya Ranked First in SGBV Cases Against Women- Report

    Kenya Ranked First in SGBV Cases Against Women- Report

    Kenyatta National Hospital. PHOTO/ Courtesy

    KNH CEO Reveals Boniface Kariuki Was Shot with Rubber Bullet

    Yanza foundation Founder Daisy Mukasa during an outreach session

    Daisy Mukasa’s Fight Against Obstetric Fistula With Yanza Foundation

    Scenes after flash floods. PHOTO/Kenya Red Cross

    How Climate Change is Fueling a Cancer Epidemic in Kenya

    Mbagathi Hospital

    Mbagathi Hospital: Location, Direction, Contacts and Services Offered

    BCG Vaccines Shortage Adressed as Kenya Receives 3M Doses

    Reprieve for Kenyans as Shortage for Crucial Vaccines Ends

  • Opinion
    • All
    • Bruce Schneier
    • Contributors
    • Editorials
    • Eyal Mayroz
    • John Mukum Mbaku
    • Letters to Editor
    • Makau Mutua
    • Marie Durrieu
    • Peter Ongera
    • Salim Lone
    • William Hatungimana
    • Wycliffe Njororai Simiyu
    • XN Iraki
    Health Worker Handling Mpox Vaccine Vials PHOTO/KBC

    Understanding How Mpox Spreads, Symptoms, and How to Prevent

    Celebrating Father’s Day 2025The Unsung Heroes

    Celebrating Father’s Day Unsung Heroes

    EAC Alcohol Tax Deal Is a Win for Consumers and Trade

    Cheers to Unity! EAC’s Alcohol Tax Deal Is a Win for Consumers and Trade

    How United Nations is Boosting Development of Somaliland

    How United Nations is Boosting Development of Somaliland

    The impact of NBA and how its efforts are transforming lives through basketball

    How Basketball is Transforming Lives, Communities and Economies

    President William Ruto in a meeting with IMF managing director Kristalina Georgieva, CSs Alfred Mutua, Davis Chirchir among other leaders. PHOTO/PCS.

    Why African Government Ratings Need Improvement

    Kenya to Benefit from Ksh145 Billion World Bank Loan

    Arrest Global Shocks & Leadership Failures to Secure Kenya’s Achievement of SDGs by 2030 

    Battle over NG-CDF in Kenya: Performance or Favouritism?

    Why Parliament Must Reject the Finance Bill 2025

    The changing education system in Somaliland and what the future holds.

    Child Education in Somaliland: A Growing Example in the Horn of Africa

  • Law & Order
    • All
    • Courts
    • Cyber Crime
    • Elections
    • Missing Persons
    NTSA on Road safety compliance checks at Luqman along the Nairobi-Mombasa Highway. Photo/NTSA

    NTSA Introduces New Traffic Rules for School Buses, Matatus and Trucks

    Babu Owino Slams Sakaja Over Goons Disrupting Protests

    Babu Owino’s Message to Sakaja After Expose of Goons Hired to Disrupt Protests

    Vocal Africa CEO, Hussein Khalid

    Hussein Khalid Profile: Background, Education and Career

    Dusit D2 Terror Attack Suspects Found Guilty Sentenced

    Court Sentences Duo Found Guilty of Funding Dusit D2 Terror Attack

    Jack wamboka

    MPs Alarmed as Board Members Receive Ksh 623K Allowances for Ghost Meetings

    OCS Talaam

    Court Summons IPOA After OCS Talaam Uses Phone While in Custody

    Govt Moves to Raise Tax-Free Per Diem to Ksh10,000

    Kenyans Losing Over Ksh116K Each to Online Dating – Report

    Police van involved in a n accident.

    Police Officers Killed While Responding to a Road Accident

    Nonini sues CarSoko over advert

    Nonini Sues Car Dealer Over Goliath wa Bungoma Advert

  • Sports
    • All
    • Athletics
    • Basketball
    • Boxing
    • Cricket
    • Football
    • Formula 1
    • Golf
    • Rugby
    All You Need to Know Ahead of CHAN 2025

    CHAN 2024: All Stadiums, Qualified Teams, & Prize Money of the Tournament

    Kenya Morans Humiliate Nigeria in Rugby Africa Sevens

    Kenya Thrashes Nigeria in Rugby Africa Sevens

    Makini Schools Unveils State of the Art Sports Facility

    Makini Schools to Partner with National Sports Bodies After Ksh100 Million Investment

    Why the FIFA Club World Cup 2025 Has Been a Big Failure

    6 Reasons Why FIFA Club World Cup Has Failed to Fill Stadiums & Gain Traction

    6 team Clash in Dramatic KPL Relegation Battle on Final Day

    How Six FKF-PL Clubs Will Fight for Survival on the League’s Last Day

    Kenya Ranked First in SGBV Cases Against Women- Report

    Kenya Ranked First in SGBV Cases Against Women- Report

    Chelsea striker Liam Delap. PHOTO/CFC.

    Chelsea’s No.9 Curse and Legends Who Failed to Break It

    Starlets Become First Kenyan Team to Qualify for the World Cup

    On This Day: Starlets Become First Kenyan Team to Qualify for the World Cup

    Maresca Confident of Club World Cup Victory With Delap

    Maresca Confident of Club World Cup Victory with Delap

  • Entertainment
    • All
    • Gaming
    • Movies
    • Music
    Pastor Livingston Makali Sells Prayers for Ksh5,000

    Pastor Livingston Makali Sells Prayers for Ksh5,000

    Karangu Wa Muraya Criticised Over His SHA Praises.

    Karangu Muraya Faces Backlash After Appealing for Medical Support

    American Mogul Tyler Perry

    Tyler Perry Sued for Sexual Assault by Actor Derek Dixon

    A photo of phone screens with the WhatsApp app. PHOTO/Nextpit.

    WhatsApp to Introduce Ads on Status & Channels

    Senator Hezena Lemaletian

    Senator Says Her Life Is in Danger After Rejecting Marriage Proposal

    Daddie Marto

    Celebrity Koku Lwanga Accuses Daddie Marto of Assault and Cheating

  • Lifestyle
    • All
    • Arts & Culture
    • Disabilities Matters
    • Ethics & Religion
    • Family
    • Fashion
    • Food
    • Human Interest
    • Immigration
    • Personal Finance
    • Travel & Tourism
    Gilbert Deya Returns to Kenya After Being Extradited from UK

    Today in History: ‘Miracle Baby’ Preacher Gilbert Deya Deported to Kenya from UK

    Billy Mwangi's Account Suspended After Criticising Albert Ojwang's Father

    Billy Mwangi’s Account Suspended Moments After Criticising Albert Ojwang’s Father

    Faith Jerop a young mother from Diani in Kenya’s Kwale County PHOTO/Faith Jerop

    Kenyan Mother Recounts Her Struggle in Russia & Plea to Reunite with Daughter

    Unraveling the Naming History of London Estate

    How Nakuru’s London Estate Got Its Name

    Quickmart Customer Alleges Profiling at Thome Branch

    Quickmart Exposed for Allegedlly Profiling Customer After Alarm Incident

    Gulf Air Launches Direct Flights From Bahrain to Nairobi

    Gulf Air Launches Direct Flights from Bahrain to Nairobi

  • Sci-Tech
    • All
    • A.I.
    • Cyber Security
    • Space
    • Technology
    ROAM Improves African Transport with New Modern Electric Motorcycles

    New Generation Motorcycle Launched in Kenya: Features to Enjoy

    TikTok

    TikTok Introduces Advanced Tools for Greater User ‘For You’ Feed

    First Kenyan-Owned Aircraft to Land on Australian Soil

    First Kenyan-Owned Aircraft to Land on Australian Soil

    Step by Step Guide to Managing Your Google Account Storage.

    Out of Google Storage? Here’s How to Free Up Space Without Deleting Important Data

    President William Ruto inspecting ongoing Affordable Housing Project. PHOTO/PCS.

    Zuku Launches Ksh10 Per Day Wi-Fi

    M-PESA

    How to Unlock, Reset Forgotten or Blocked M-PESA PIN

  • Behind The Brand
  • News
    • All
    • Diaspora News
    • East Africa News
    • National News
    • World News
    Details of Police Officer

    Mother of Boy Shot Eight Times in Rongai Speaks on Ruto’s Broken Promises

    The late Ambassador Boaz Mbaya.

    Raila’s Ex-Campaign Manager Ambassador Boaz Mbaya Dies

    Iran’s Atomic Energy Organisation spokesperson Behrouz Kamalvandi

    Iran Spokespersons Vows to Continue “Unstoppable” Nuclear Industry

    Gautam Shantilal Adani, the founder and chairman of Adani Group holdings. PHOTO/Adani Group.

    Ndii Reveals UAE’s Role in Decision to Pick Adani for JKIA Deal

    Trump Orders Military Action Without Congress Approval

    Can President Trump Order Military Action Without Congress Approval?

    African Stream closes down

    Nairobi-Based Media Outlet Announces Its Closure After ‘Censorship’ by US

    President Donald Trump after signing executive orders at the Oval Office. PHOTO/White House.

    US Announces Escape Routes for Citizens in Iran and Israel Amidst Attack

    Details of Police Officer

    “Shot 8 Times”- New Details on Police Officer Who Shot Mask Vendor Emerge

    US Embassy advisory in Kenya

    US Embassy Issues New Travel Advisory on Kenya Ahead of June 25 March

  • Weather
    • Climate Business
    • Climate Change
    • Climate Solutions
    • Living Green
  • Business
    • All
    • Banking
    • Cryptocurrency
    • Economy
    • Money Markets
    • Real Estate
    • Startups
    African Stream closes down

    Nairobi-Based Media Outlet Announces Its Closure After ‘Censorship’ by US

    Gulf Africa Bank to be Acquired by Soren Investment Company

    Gulf Africa Bank Acquired by Dubai-Based Company

    Education Leading in 2025/26 Budget Sector Gains with Ksh700 Billion

    Education Leading in 2025/26 Budget Sector Gains

    How Kenya Will Unlock Ksh175 B Without Raising New Taxes

    How KRB is Using Securitization to Solve Infrastructure Funding Gap

    A delegation of Italian leather industry experts

    Italy Leads Efforts to Revive Kenya’s Leather Industry

    Infotrak has revealed how Kenyans are coping with the high cost of living

    Kenya Gains in New Partnership Between U.S. Firm and Diplomatic Housing Grit

    A branch of Bank of Africa in Kenya PHOTO/Bank of Africa

    Bank of Africa Owners, Branches & Loans Offered

    Moi University Announces Public Auction of Donkeys & Dogs 

    Moi University Selling Donkeys and Dogs for Up to Ksh40,000

    Citibank N.A. Kenya is a subsidiary of Citigroup, headquartered in New York, USA PHOTO/TripAdvisory

    Citibank Owners, Branches & Loans Offered

  • Health
    • All
    • Health & Science
    • Mens Health
    • Mental Health
    • Wellness
    • Womens Health
    Health Worker Handling Mpox Vaccine Vials PHOTO/KBC

    Understanding How Mpox Spreads, Symptoms, and How to Prevent

    Health workers on the streets

    Health Workers Reject New Patient Safety Bill 2025

    HIV injection and pills. Photo/ Pexel

    Breakthrough as FDA Approves New HIV Prevention Injection

    Kenya Ranked First in SGBV Cases Against Women- Report

    Kenya Ranked First in SGBV Cases Against Women- Report

    Kenyatta National Hospital. PHOTO/ Courtesy

    KNH CEO Reveals Boniface Kariuki Was Shot with Rubber Bullet

    Yanza foundation Founder Daisy Mukasa during an outreach session

    Daisy Mukasa’s Fight Against Obstetric Fistula With Yanza Foundation

    Scenes after flash floods. PHOTO/Kenya Red Cross

    How Climate Change is Fueling a Cancer Epidemic in Kenya

    Mbagathi Hospital

    Mbagathi Hospital: Location, Direction, Contacts and Services Offered

    BCG Vaccines Shortage Adressed as Kenya Receives 3M Doses

    Reprieve for Kenyans as Shortage for Crucial Vaccines Ends

  • Opinion
    • All
    • Bruce Schneier
    • Contributors
    • Editorials
    • Eyal Mayroz
    • John Mukum Mbaku
    • Letters to Editor
    • Makau Mutua
    • Marie Durrieu
    • Peter Ongera
    • Salim Lone
    • William Hatungimana
    • Wycliffe Njororai Simiyu
    • XN Iraki
    Health Worker Handling Mpox Vaccine Vials PHOTO/KBC

    Understanding How Mpox Spreads, Symptoms, and How to Prevent

    Celebrating Father’s Day 2025The Unsung Heroes

    Celebrating Father’s Day Unsung Heroes

    EAC Alcohol Tax Deal Is a Win for Consumers and Trade

    Cheers to Unity! EAC’s Alcohol Tax Deal Is a Win for Consumers and Trade

    How United Nations is Boosting Development of Somaliland

    How United Nations is Boosting Development of Somaliland

    The impact of NBA and how its efforts are transforming lives through basketball

    How Basketball is Transforming Lives, Communities and Economies

    President William Ruto in a meeting with IMF managing director Kristalina Georgieva, CSs Alfred Mutua, Davis Chirchir among other leaders. PHOTO/PCS.

    Why African Government Ratings Need Improvement

    Kenya to Benefit from Ksh145 Billion World Bank Loan

    Arrest Global Shocks & Leadership Failures to Secure Kenya’s Achievement of SDGs by 2030 

    Battle over NG-CDF in Kenya: Performance or Favouritism?

    Why Parliament Must Reject the Finance Bill 2025

    The changing education system in Somaliland and what the future holds.

    Child Education in Somaliland: A Growing Example in the Horn of Africa

  • Law & Order
    • All
    • Courts
    • Cyber Crime
    • Elections
    • Missing Persons
    NTSA on Road safety compliance checks at Luqman along the Nairobi-Mombasa Highway. Photo/NTSA

    NTSA Introduces New Traffic Rules for School Buses, Matatus and Trucks

    Babu Owino Slams Sakaja Over Goons Disrupting Protests

    Babu Owino’s Message to Sakaja After Expose of Goons Hired to Disrupt Protests

    Vocal Africa CEO, Hussein Khalid

    Hussein Khalid Profile: Background, Education and Career

    Dusit D2 Terror Attack Suspects Found Guilty Sentenced

    Court Sentences Duo Found Guilty of Funding Dusit D2 Terror Attack

    Jack wamboka

    MPs Alarmed as Board Members Receive Ksh 623K Allowances for Ghost Meetings

    OCS Talaam

    Court Summons IPOA After OCS Talaam Uses Phone While in Custody

    Govt Moves to Raise Tax-Free Per Diem to Ksh10,000

    Kenyans Losing Over Ksh116K Each to Online Dating – Report

    Police van involved in a n accident.

    Police Officers Killed While Responding to a Road Accident

    Nonini sues CarSoko over advert

    Nonini Sues Car Dealer Over Goliath wa Bungoma Advert

  • Sports
    • All
    • Athletics
    • Basketball
    • Boxing
    • Cricket
    • Football
    • Formula 1
    • Golf
    • Rugby
    All You Need to Know Ahead of CHAN 2025

    CHAN 2024: All Stadiums, Qualified Teams, & Prize Money of the Tournament

    Kenya Morans Humiliate Nigeria in Rugby Africa Sevens

    Kenya Thrashes Nigeria in Rugby Africa Sevens

    Makini Schools Unveils State of the Art Sports Facility

    Makini Schools to Partner with National Sports Bodies After Ksh100 Million Investment

    Why the FIFA Club World Cup 2025 Has Been a Big Failure

    6 Reasons Why FIFA Club World Cup Has Failed to Fill Stadiums & Gain Traction

    6 team Clash in Dramatic KPL Relegation Battle on Final Day

    How Six FKF-PL Clubs Will Fight for Survival on the League’s Last Day

    Kenya Ranked First in SGBV Cases Against Women- Report

    Kenya Ranked First in SGBV Cases Against Women- Report

    Chelsea striker Liam Delap. PHOTO/CFC.

    Chelsea’s No.9 Curse and Legends Who Failed to Break It

    Starlets Become First Kenyan Team to Qualify for the World Cup

    On This Day: Starlets Become First Kenyan Team to Qualify for the World Cup

    Maresca Confident of Club World Cup Victory With Delap

    Maresca Confident of Club World Cup Victory with Delap

  • Entertainment
    • All
    • Gaming
    • Movies
    • Music
    Pastor Livingston Makali Sells Prayers for Ksh5,000

    Pastor Livingston Makali Sells Prayers for Ksh5,000

    Karangu Wa Muraya Criticised Over His SHA Praises.

    Karangu Muraya Faces Backlash After Appealing for Medical Support

    American Mogul Tyler Perry

    Tyler Perry Sued for Sexual Assault by Actor Derek Dixon

    A photo of phone screens with the WhatsApp app. PHOTO/Nextpit.

    WhatsApp to Introduce Ads on Status & Channels

    Senator Hezena Lemaletian

    Senator Says Her Life Is in Danger After Rejecting Marriage Proposal

    Daddie Marto

    Celebrity Koku Lwanga Accuses Daddie Marto of Assault and Cheating

  • Lifestyle
    • All
    • Arts & Culture
    • Disabilities Matters
    • Ethics & Religion
    • Family
    • Fashion
    • Food
    • Human Interest
    • Immigration
    • Personal Finance
    • Travel & Tourism
    Gilbert Deya Returns to Kenya After Being Extradited from UK

    Today in History: ‘Miracle Baby’ Preacher Gilbert Deya Deported to Kenya from UK

    Billy Mwangi's Account Suspended After Criticising Albert Ojwang's Father

    Billy Mwangi’s Account Suspended Moments After Criticising Albert Ojwang’s Father

    Faith Jerop a young mother from Diani in Kenya’s Kwale County PHOTO/Faith Jerop

    Kenyan Mother Recounts Her Struggle in Russia & Plea to Reunite with Daughter

    Unraveling the Naming History of London Estate

    How Nakuru’s London Estate Got Its Name

    Quickmart Customer Alleges Profiling at Thome Branch

    Quickmart Exposed for Allegedlly Profiling Customer After Alarm Incident

    Gulf Air Launches Direct Flights From Bahrain to Nairobi

    Gulf Air Launches Direct Flights from Bahrain to Nairobi

  • Sci-Tech
    • All
    • A.I.
    • Cyber Security
    • Space
    • Technology
    ROAM Improves African Transport with New Modern Electric Motorcycles

    New Generation Motorcycle Launched in Kenya: Features to Enjoy

    TikTok

    TikTok Introduces Advanced Tools for Greater User ‘For You’ Feed

    First Kenyan-Owned Aircraft to Land on Australian Soil

    First Kenyan-Owned Aircraft to Land on Australian Soil

    Step by Step Guide to Managing Your Google Account Storage.

    Out of Google Storage? Here’s How to Free Up Space Without Deleting Important Data

    President William Ruto inspecting ongoing Affordable Housing Project. PHOTO/PCS.

    Zuku Launches Ksh10 Per Day Wi-Fi

    M-PESA

    How to Unlock, Reset Forgotten or Blocked M-PESA PIN

  • Behind The Brand
No Result
View All Result
The Kenya Times | Breaking News, Business, Politics, Sports, and Entertainment
No Result
View All Result

Unlocking SWIFT Codes: How Banks’ Hidden Codes Empower Your Money

by Fred Ongera
September 16, 2024
Reading Time: 5 mins read
Dr. James Mwangi - Equity Group MD & CEO. Photo/Equity Bank

Dr. James Mwangi - Equity Group MD & CEO. Photo/Equity Bank

FacebookTwitterLinkedInRedditWhatsApp
ADVERTISEMENT

SWIFT codes, also known as Bank Identifier Codes (BIC), are crucial for international banking. These codes ensure that money transfers between banks across different countries are both accurate and secure.

A SWIFT code is a unique alphanumeric identifier used to specify a particular bank or financial institution. Typically, it comprises 8 to 11 characters structured as follows:

  • Bank Code: 4 characters representing the bank.
  • Country Code: 2 characters indicating the country.
  • Location Code: 2 characters specifying the city or location.
  • Branch Code: 3 optional characters identifying a specific branch.

In Kenya, various banks located in different regions have different SWIFT codes. Here are some examples of SWIFT codes for various banks located in Nairobi, Kenya:

CIB Managing Principal James Agin. Photo/ABSA
CIB Managing Principal James Agin. Photo/ABSA

Also Read: REVEALED: Billions Equity, KCB & Other Top Kenyan Banks Have Made in 2024


  • Equity Bank (Kenya) Limited: EQBLKENAXXX
  • The Co-operative Bank of Kenya Ltd: KCOOKENAXXX
  • Standard Chartered Bank Kenya Limited: SCBLKENXXXX
  • Kenya Commercial Bank (KCB) Limited: KCBLKENXXXX
  • National Bank of Kenya Ltd: NBKEKENXXXX
  • Diamond Trust Bank Kenya Limited: DTKEKENAXXX
  • Stanbic Bank Kenya Limited: SBICKENXXXX
  • ABSA Bank Kenya PLC: BARCKENXXXX

The Significance of SWIFT Codes

SWIFT codes are highly significant in the financial world due to their role in:

  • Facilitating Global Transactions: They ensure smooth and accurate international money transfers by directing funds to the correct bank.
  • Ensuring Security and Efficiency: SWIFT codes reduce errors and enhance transaction security.
  • Standardization: They provide a standardized method for banks to communicate financial information globally.

Finding a SWIFT Code

To find a SWIFT code, customers can check their bank statements or online banking portal. Alternatively, online resources such as Wise can be used to find or verify SWIFT codes.

Examples of SWIFT Codes

SWIFT codes contain various elements, including the bank code, country, specific location, and the bank’s head office. For example, the code ABCDUS33XXX can be broken down as follows:

  • ABCD represents the bank code.
  • US signifies the United States.
  • 33 indicates a specific location within the U.S.
  • XXX refers to the bank’s head office.

Understanding SWIFT codes and their usage can make your international transactions smoother and more secure.


Also Read: CBK Reveals Banks with Highest & Lowest Loan Rates


History of SWIFT Codes

The history of SWIFT codes traces back to the Society for Worldwide Interbank Financial Telecommunication (SWIFT), which has had a fascinating evolution since the early 1970s. Here’s a brief overview:

Origins and Foundation

  • 1973: SWIFT was established by 239 banks from 15 countries with the aim of creating a unified and secure messaging system for international financial transactions.
  • Headquarters: The cooperative is headquartered in La Hulpe, Belgium.

Early Development

  • 1977: SWIFT’s messaging services went live, replacing the older Telex technology, which was slower and less secure.
  • Initial Success: By the end of its first year, SWIFT had processed 10 million messages.

Growth and Expansion

  • 1980s-1990s: SWIFT expanded its network and services, introducing new standards for financial messaging that streamlined international transactions.
  • 2000s: The organization further enhanced its technology and security measures to adapt to the rapidly evolving financial landscape.

Modern Era

  • Today: SWIFT connects over 11,000 financial institutions in more than 200 countries and territories. It processes millions of messages daily, playing a crucial role in global finance.

Key Features

  • Standardization: SWIFT developed standardized message formats to ensure a universal understanding of financial messages.
  • Security and Reliability: From its inception, SWIFT has focused on maintaining the confidentiality, efficiency, and security of its messaging services.

Swift Codes and the Digital Currency

While the world currency is transitioning into digital currency, SWIFT codes are expected to continue playing a significant role even as digital currencies become more prevalent.

SWIFT has been actively working on integrating digital assets and Central Bank Digital Currencies (CBDCs) into its existing infrastructure. This integration aims to ensure that traditional financial institutions can seamlessly transition to using digital currencies without needing to overhaul their current systems.

Follow our WhatsApp Channel for real-time news updates. 

https://whatsapp.com/channel/0029VaB3k54HltYFiQ1f2i2C

 

Dr. Joseph Kinyua, KCB Group Chairman. Photo/KCB
Dr. Joseph Kinyua, KCB Group Chairman. Photo/KCB

 

Tags: AbsaEquityKCB
Fred Ongera

Fred Ongera

I am a passionate digital media journalist with a keen eye to emerging trends and having deep understanding of digital platforms. I have specialized in creating compelling stories on diverse topics. I am determined to constantly inform the public on emerging events as they happen. My enthusiasm for the evolving digital media landscape drives me to explore new media formats and techniques making me a dynamic voice in journalism.

Related Posts

Details of Police Officer

Mother of Boy Shot Eight Times in Rongai Speaks on Ruto’s Broken Promises

June 22, 2025
The late Ambassador Boaz Mbaya.

Raila’s Ex-Campaign Manager Ambassador Boaz Mbaya Dies

June 22, 2025
Iran’s Atomic Energy Organisation spokesperson Behrouz Kamalvandi

Iran Spokespersons Vows to Continue “Unstoppable” Nuclear Industry

June 22, 2025
Gautam Shantilal Adani, the founder and chairman of Adani Group holdings. PHOTO/Adani Group.

Ndii Reveals UAE’s Role in Decision to Pick Adani for JKIA Deal

June 22, 2025

LATEST ARTICLES

  • Mother of Boy Shot Eight Times in Rongai Speaks on Ruto’s Broken Promises
  • Raila’s Ex-Campaign Manager Ambassador Boaz Mbaya Dies
  • How Museveni Captured Power in Uganda After Successful Military Coup
  • Iran Spokespersons Vows to Continue “Unstoppable” Nuclear Industry
  • Ndii Reveals UAE’s Role in Decision to Pick Adani for JKIA Deal
  • Can President Trump Order Military Action Without Congress Approval?
  • CHAN 2024: All Stadiums, Qualified Teams, & Prize Money of the Tournament
  • Nairobi-Based Media Outlet Announces Its Closure After ‘Censorship’ by US
  • US Announces Escape Routes for Citizens in Iran and Israel Amidst Attack
  • Gulf Africa Bank Acquired by Dubai-Based Company
  • MCA Dies in Tragic Road Accident
  • Kenya Thrashes Nigeria in Rugby Africa Sevens
  • “Shot 8 Times”- New Details on Police Officer Who Shot Mask Vendor Emerge
  • US Embassy Issues New Travel Advisory on Kenya Ahead of June 25 March
  • Iran Reveals Next Move After US Attack on Fordow

Company

About Us

Our Authors

Our Experts

Social Media

Policies

Privacy Policy

House Rules

Standards and Policies

Terms and Conditions

Subscription

My Account

Contact Us

Contact Us

Join Our Team

Advertise With Us

© Copyright 2025 | The Kenya Times | All Rights Reserved

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Google
Sign Up with Linked In
OR

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Your Privacy and Cookies
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
LOGIN | REGISTER
  • Login
  • Sign Up
  • Cart
No Result
View All Result
  • News
    • Diaspora News
    • National News
    • World News
  • Weather
  • Climate
    • Climate Business
    • Climate Change
    • Climate Solutions
    • Environment
  • Business
    • Banking
    • Cryptocurrency
    • Money Markets
    • Real Estate
    • Startups
  • Health
    • Mens Health
    • Mental Health
    • Wellness
    • Womens Health
  • Law & Order
    • Cyber Crime
    • Courts
    • Financial Fraud
    • Missing Persons
  • Sports
    • Athletics
    • Basketball
    • Boxing
    • Cricket
    • Football
    • Formula 1
    • Golf
    • Rugby
  • Entertainment
    • Music
    • Movies
  • Lifestyle
    • Arts & Culture
    • Disabilities Matters
    • Family
    • Fashion
    • Food
    • Human Interest
    • Travel & Tourism
  • Opinion
    • Editorials
    • Letters to Editor
    • Anjana Susarla
    • John Mukum Mbaku
    • Makau Mutua
    • Peter Ongera
    • Salim Lone
    • XN Iraki
  • Sci-Tech
  • Behind The Brand
  • Contact Us

© 2024 The Kenya Times | Our Privacy Policy | Standards and Policies | House Rules

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.