Institutions send each other messages over the network to confirm trades or to expect a wire transfer as examples. The missing digits are replaced with XXX and directed through the head office of the bank to the right branch. The community of financial sectors worldwide recognize the technological benefit of SWIFT system that it outperformed the TELEX system. You can find bank payment codes or Bank Identifier Codes in the SWIFT BIC online database of worldwide banks using the form below:Unlike the modern IBAN, the telex-era SWIFT (or BIC as it is now known) does not include a check sum for automatic validation. The SWIFT code for its primary office is NEDSZAJJ: NEDS identifies Nedbank ZA is the country code for South Africa JJ is the code for Johannesburg Nedbank has not implemented the extended code of 11 digits and all SWIFT transfers to its accounts are directed to the primary office for processing. This is with a view to ensuring entity data is consistent across the MiFID compliant landscape and the regulator is able to identify each firm correctly.

Country	City	Bank Name	Branch	SWIFT
Qatar	Doha	International Bank of Qatar Q S C	International Bank of Qatar Q S C	IBOQQAQAXXX