SWIFT/BIC code ABSOCH22XXX
ABSOCH22XXX belongs to Alternative Bank Schweiz AG in Olten, Switzerland.
Code details
| SWIFT/BIC code | ABSOCH22XXX |
|---|---|
| 8-character code | ABSOCH22 |
| Branch code | XXX |
| Bank | Alternative Bank Schweiz AG |
| Branch | Head office |
| City | Olten |
| Country | Switzerland |
How the Alternative Bank Schweiz AG SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- ABSO Bank code
- 4 letters that identify the bank.
- CH Country code
- 2 letters for the country (ISO 3166).
- 22 Location code
- 2 characters for the city or region of the head office.
- XXX Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
Which institution uses SWIFT/BIC code ABSOCH22XXX?
ABSOCH22XXX identifies the main office of Alternative Bank Schweiz AG in Olten, Switzerland. Use it when a payment to Alternative Bank Schweiz AG does not need a specific branch.
What is the best way to send money to Alternative Bank Schweiz AG?
Many banks add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Swiss Franc with specialist providers before you send.
Does Alternative Bank Schweiz AG use only one SWIFT/BIC code?
Yes – ABSOCH22XXX is the single SWIFT/BIC code we have for Alternative Bank Schweiz AG in Switzerland, so you do not need to pick a branch code.
What do the letters in ABSOCH22XXX stand for?
ABSO is the institution code of Alternative Bank Schweiz AG, CH stands for Switzerland, 22 is the code for the city or region and XXX marks the head office.
How long does it take to send money to Alternative Bank Schweiz AG?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 2–4 business days.
Do I need ABSOCH22XXX to send euros to Switzerland?
Switzerland belongs to the SEPA area. For euro transfers the IBAN is usually enough. If you send another currency you do need ABSOCH22XXX.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.