Ibans Role in So Tom and Prncipes Banking System

Ibans Role in So Tom and Prncipes Banking System

This article analyzes the composition of the International Bank Account Number (IBAN) in São Tomé and Príncipe, including the country code, check digits, and Basic Bank Account Number (BBAN). It emphasizes the significance of IBAN in international remittances and highlights important considerations for its use.

SWIFT Code Guide for MEGA Bank Crossborder Transfers

SWIFT Code Guide for MEGA Bank Crossborder Transfers

This article provides a detailed analysis of the SWIFT code ICBCTWTP005 for MEGA International Commercial Bank, explaining its significance and application in cross-border remittances. The SWIFT code enables precise delivery of funds, ensuring remittance safety, and discusses its extensive use in global financial transactions.