| Bank / Institution | City | Branch | Swift Code |
| HRVATSKA NARODNA BANKA (CROATIAN NATIONAL BANK) | Zagreb, Croatia | - | NBHRHR2XXXX |
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Swift Codes (also called Swift-BIC, Swift Number, Swift ID, BIC Code) is a standard format of Business Identifier Codes (BIC) and is usually of 8 or 11 characters in length. These codes are maintained and issued by Society for Worldwide International Financial Telecommunication (SWIFT) to major banks and financial institutions across the world which enable these banks to wire transfer money using a unique identification code (SWIFT) without the need to specify a branch number or address of the recipient bank.
International Money Transfer: If you want to make an International wire transfer, the sender's bank will ask the Swift BIC Code of the recipient bank along with the account holder's name and account number to initiate the transfer. The first 8 character of the swift code indicates the bank in a particular region e.g. NBHRHR2X is the bank code for HRVATSKA NARODNA BANKA (CROATIAN NATIONAL BANK) in Croatia while the last 3 characters indicate the code for the various branches in that region. XXX indicate the main branch for the bank. In most cases, the first 8 characters (here NBHRHR2X) is sufficient for initiating International Wire Transfers as the main branch can internally transfer to the exact branch where the bank account of the recipient is present. Avoid Hefty Fees:International wire transfer generally involves a fees both at sending and receiving end. In case of currency conversion, there may be hidden charges because banks would generally give poor conversion rate - these hidden charges can be as high as 3% of the transfer amount. We recommend using service like transferwise for best conversion rates and lower wire transfer fees. | |||