It states a particular branch instead of the bank's head office. Branch Code - This is an optional 3-digit code.It says where the bank's head office is located. Location Code (0-9) (A-Z) - A 2 digit code that could be either two letters or numbers. ICAP Securities USA LLC and Subsidiaries Notes to Consolidated Statement of Financial Condition Ma(dollars in thousands) 1.The country corresponding to this country code is United Kingdom. The second two letters say the name of the country in which the bank is located. The first four letters indicate the shortened version of a bank's name. Swift codes are usually formed of 8 (or) 11 characters.You can understand that a swift code or BIC refers to a primary office when it's formatted in an 8-digit code.The codes are arranged in the following manner: Parts of Swift Code ICLLGB21 and ICLLGB21_
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