BSI SWIFT Code – If you want to transfer money to a different bank, of course you will need the bank code of each destination.
What’s more, banks have their own codes, which have been regulated in such a way by Bank Indonesia, do you know the BSI bank code?
Moreover, BSI itself is one of the newcomers to the Indonesian banking world, so don’t be surprised if there are still many people who don’t know anything about this code.
Because BSI is an abbreviation of Bank Syariah Indonesia, if you don’t know about it, BSI itself is one of the results of a merger or merger between 3 Islamic Banks.
Those that have operated for a long time in Indonesia include Bank Mandiri Syariah, Bank Rakyat Indonesia Syariah (BRI Syariah) and Bank Negara Indonesia Syariah (BNI Syariah).
BSI SWIFT Code Discussion
The reason is that the three banks started on February 1, 2022 and finished on November 1, 2022, moreover, the planning has been carried out since 2022.
Where the purpose of the merger of the 3 BUMN Islamic Banks is to facilitate their development, during this merger process.
Moreover, customers or owners of Mandiri, BRI and BNI Syariah accounts have been recommended to migrate.
After migrating, customers will get a new passbook, debit card and Mobile Banking account.
In addition, Islamic banks are also one of the banks that use Islamic law or sharia in carrying out their business activities.
What’s more, the way it works has no difference from a conventional bank, but what makes it different is the rules used.
For more details, in this article we will share some information about the BSI SWIFT code, of course, you see the review as follows.
BSI SWIFT Code
1. BSI SWIFT Code for Transfer
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| BSI SWIFT Code for Transfer |
What’s more, each bank has its own code, of course it is unique because the BSI code as the identity of a bank therefore cannot be the same from one bank to another.
Actually there are 3 digit numbers, usually this bank code is used when someone is going to transfer funds between banks whether it’s via ATM machines, internet banking, mobile banking and SMS banking.
That is why, bank code is very mandatory to be known by everyone who will make other inter-bank transfer transactions.
Our previous discussion about the BSI SWIFT code actually has a code of 451, but that code does not apply to all customers considering that BSI is the result of a merger.
This applies to account holders of Bank Syariah Mandiri, BRI and BNI Syariah, of course, those who have migrated accounts to BSI.
As for BSI customers who still use the old account number, whether it’s BNI Syariah or BRI Syariah, they can still use the old bank code along with the details:
- For Bank Rakyat Indonesia Syariah (BRIS) customers who have not migrated their accounts to BSI, they can use code 427, the same as the BRIS code before the merger into BSI.
- This applies to Bank Negara Indonesia Syariah (BNIS) customers, of course, those who have not migrated or transferred to a BSI account and the code used is the bank code for BSI.
2. Latest BSI SWIFT Code
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| Latest BSI SWIFT Code |
This is because the BSI SWIFT code is one of the standard code formats, only for bank identification or is usually referred to as the Bank Code Identifier (BIC).
Because this code is used to identify certain banks, just like the bank code that we explained earlier.
In fact, SWUFT stands for Society for Worldwide Interbank Financial Telecommunication, because this agency will handle the registration of SWIFT codes for all banks in the world.
This bank code is used to make inter-bank transfers within the country or Indonesia, it can even be used when transferring funds between countries.
Generally used by people who work abroad, who will send money to Indonesia with a SWIFT code format consisting of 8 or 11 characters.
What’s more, this code will consist of 8 digits referring to the main office of a bank, while this SWIFT code consists of 11 digits referring to the branch office of a bank.
The following is the format of the SWIFT code:
- AAAA is 4 characters, one of which is the bank code, because this code only consists of letters.
- BB is a two-letter country code which is based on ISO 3166-1 alpha-2 rules.
- CC is a location code composed of codes and numbers, and even then specifically for passive participants, they will get code 1 on the second character.
- DDD is the last 3 characters for bank branch office identification, generally consisting of numbers and letters.
The final word
That’s the explanation that we have conveyed to you, where the information is useful for those of you who don’t know this SWIFT code.
This is because the BSI bank itself has the SWIFT code BSMDIDJA, what’s more, this SWIFT or BIC code is only valid at the BSI head office.
Of course, that is owned by PT Bank Syariah Indonesia Tbk, so now BSI itself has not released the SWIFT code for its branch office.
That’s the whole content of our article this time about BSI SWIFT Code. That’s all and good luck.
