BANK GOSPODARSTWA KRAJOWEGO

The National Development Bank (Polish: Bank Gospodarstwa Krajowego, BGK) is a Polish national development bank with headquarters in Warsaw, is a state-owned bank in Poland, operating under a dedicated bill of law.[3] Its main tasks are: support and servicing of export transactions, issuing governmental guarantees, and support of housing.[3]

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BANK GOSPODARSTWA KRAJOWEGO SWIFT Code

Country

City

Bank or Institution

SWIFT Code

Poland

WARSZAWA

GOSKPLPW

Poland

WARSZAWA

GOSKPLPWXXX

Total: 2
1

About BANK GOSPODARSTWA KRAJOWEGO

Company type
Public bank
Industry
Financial services
Founded
1924 ; 101 years ago ( 1924 )
Headquarters
Aleje Jerozolimskie 7 Warsaw , Poland
Key people
Beata Daszyńska-Muzyczka (CEO) Paweł Borys (chairman) [ 1 ]
Products
Export, investment, housing support
Number of employees
1 859 ( FTE , end 2020)
Website
en .bgk .pl

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What is a SWIFT code?

A SWIFT code is an 8 or 11 character code used in banking to facilitate transactions and identify the bank.

What is the purpose of a SWIFT code in international transactions?

SWIFT codes are used to route international financial transactions to the correct bank and branch. It facilitates the smooth and accurate transfer of funds between different banks and countries, ensuring that the transactions are processed correctly and securely.

How do I find my bank's SWIFT code?

You can find your bank's SWIFT/BIC code in the statements of your bank account. You can also use our SWIFT/BIC finder to get the right code for your transfer.

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Frequently Asked Questions

1. Why does BANK GOSPODARSTWA KRAJOWEGO have different SWIFT Codes?

BANK GOSPODARSTWA KRAJOWEGO operates differently across various countries, regions, and branches, with variations in business operations and clearing paths. To accurately identify and process BANK GOSPODARSTWA KRAJOWEGO's cross-border payments and other transactions, different SWIFT Codes are used for distinction. Many large multinational banks have unique SWIFT Codes to their headquarters, regional branches, and overseas subsidiaries to ensure precise and secure fund transactions.

2. How do I know which SWIFT Code of BANK GOSPODARSTWA KRAJOWEGO to use in a transfer?

It depends on the specific business scenario. For cross-border remittance to a branch of BANK GOSPODARSTWA KRAJOWEGO, you can log on to the official website of BANK GOSPODARSTWA KRAJOWEGO, or search the current page of XTransfer, or call BANK GOSPODARSTWA KRAJOWEGO to inquire about the SWIFT Code of the branch. For international business, you should first coordinate with the relevant branch in the target country and confirm the correct SWIFT Code based on the exact information provided by your business partner.

3. Is there any pattern in the composition of different SWIFT Codes for a multinational bank like BANK GOSPODARSTWA KRAJOWEGO?

Usually, SWIFT Code consists of 8 or 11 characters. For BANK GOSPODARSTWA KRAJOWEGO, the first 4 digits represent the bank code, which is the same for BANK GOSPODARSTWA KRAJOWEGO worldwide; the 5th and 6th digits are the country code; and the 7th and 8th digits are the region code, which will be different for branches in various regions. If the code includes 11 digits, the last 3 digits represent the branch code, which is used to distinguish different branches within the same region.

4. Will the SWIFT Code for BANK GOSPODARSTWA KRAJOWEGO be updated or changed?

Yes. When BANK GOSPODARSTWA KRAJOWEGO undergoes an organizational restructuring, such as a branch relocation, merger or split, or when there is a significant change in the financial system of the region where BANK GOSPODARSTWA KRAJOWEGO is located, its SWIFT Code may be updated and changed. BANK GOSPODARSTWA KRAJOWEGO will announce the changes in advance through its official website, mobile banking APP and other channels. Therefore, when handling cross-border business, customers should pay attention to the announcement of BANK GOSPODARSTWA KRAJOWEGO in time to confirm the latest SWIFT Code information, so as to avoid affecting the business.

5. Do different SWIFT Codes of BANK GOSPODARSTWA KRAJOWEGO support the same scope of business?

The scope of business is different. While the same bank can operate with different SWIFT Codes for the same basic types of business, there are differences for some specialized businesses or for businesses in specific regions. For example, the SWIFT Code of some branches may be specialized to support trade finance business, while the SWIFT Code of other branches is more convenient for cross-border e-commerce collection. In addition, for some emerging markets or country-specific business, only the SWIFT Code of a particular branch may have the authority to process it. When conducting international business, it is important to check whether the SWIFT Code of BANK GOSPODARSTWA KRAJOWEGO supports the corresponding business.