SWIFT/BIC code ACLRAU2S242
ACLRAU2S242 belongs to Austraclear Limited in Sydney, Australia.
Code details
| SWIFT/BIC code | ACLRAU2S242 |
|---|---|
| 8-character code | ACLRAU2S |
| Branch code | 242 |
| Bank | Austraclear Limited |
| Branch | Bko 242 |
| City | Sydney |
| Country | Australia |
The way the Austraclear Limited SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- ACLR Bank code
- 4 letters that identify the bank.
- AU Country code
- 2 letters for the country (ISO 3166).
- 2S Location code
- 2 characters for the city or region of the head office.
- 242 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
What bank uses SWIFT/BIC code ACLRAU2S242?
The code ACLRAU2S242 belongs to Bko 242, part of Austraclear Limited in Sydney, Australia. Only use it if the account is held at this specific branch.
What is the best way to send money to Austraclear Limited in Australia?
Many banks add several percent to the exchange rate on top of a fee. Check the amount that arrives in Australian Dollar with transfer services before you send – the difference can be large.
What happens if I use ACLRAU2S242 incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check ACLRAU2S242 with the recipient before sending.
Which details do I need for a transfer to an account at Austraclear Limited?
You need the SWIFT/BIC code ACLRAU2S242, the account number or IBAN of the recipient, their full name and address. Australia is not part of SEPA, so the BIC is required.
How long does it take to send money to Austraclear Limited in Australia?
A SWIFT payment typically takes 2–5 business days, because of intermediary banks and cut-off times. Specialist transfer services are often quicker than a bank.
What does each part of ACLRAU2S242 stand for?
ACLR is the institution code of Austraclear Limited, AU stands for Australia, 2S is the location code and 242 is the code of the department Bko 242.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.