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Details for the SWIFT/BIC Code: BUCIBIBIXXX

The SWIFT/BIC Code BUCIBIBIXXX is issued by BANQUE BURUNDAISE POUR LE COMMERCE ET L’INVESTISSEMENT in Burundi. The issuing Bank's Bank code is XXX and The Bank Brach is XXX, located in BUJUMBURA

SWIFT/BIC Code Details

SWIFT Code BUCIBIBIXXX
Bank BANQUE BURUNDAISE POUR LE COMMERCE ET L’INVESTISSEMENT
City BUJUMBURA
Branch Name N/A
Bank Code BUCI
Country Code BI
Branch Code XXX
Location Code BI

Constructing the SWIFT code

BUCI

Bank Code

BI

Country Code

BI

Location Code

XXX

Branch Code

  • Bank Code A-Z

    4 letters representing the bank. It usually looks like a shortened version of that bank's name.

  • Country Code A-Z

    2 letters representing the country the bank is in.

  • Location Code 0-9 A-Z

    2 characters made up of letters or numbers. It says where that bank's head office is.

  • Branch Code 0-9 A-Z

    3 digits specifying a particular branch. 'XXX' represents the bank’s head office.


Country Map Burundi


About Burundi


Independence Square and monument in Bujumbura. On 20 January 1959, King Mwami Mwambutsa IV requested Burundi's independence from Belgium and dissolution of the Ruanda-Urundi union.[37] In the following months, Burundian political parties began to advocate for the end of Belgian colonial rule and the separation of Rwanda and Burundi.[37] The first and largest of these political parties was the Union for National Progress (UPRONA). Burundi's push for independence was influenced by the Rwandan Revolution and the accompanying instability and ethnic conflict that occurred there. As a result of the Rwandan Revolution, many Rwandan Tutsi refugees arrived in Burundi from 1959 to 1961.[38][39][40] Burundi's first elections took place on 8 September 1961 and UPRONA, a multi-ethnic unity party led by Prince Louis Rwagasore won just over 80% of the electorate's votes. In the wake of the elections, on 13 October, the 29-year-old Prince Rwagasore was assassinated, robbing Burundi of its most popular and well-known nationalist.[34][41] The country claimed independence on 1 July 1962,[34] and legally changed its name from Ruanda-Urundi to Burundi.[42] Burundi became a constitutional monarchy with Mwami Mwambutsa IV, Prince Rwagasore's father, serving as the country's king.[39] On 18 September 1962 Burundi joined the United Nations.[43] In 1963, King Mwambutsa appointed a Hutu prime minister, Pierre Ngendandumwe, but he was assassinated on 15 January 1965 by a Rwandan Tutsi employed by the US Embassy. The assassination occurred in the broader context of the Congo Crisis during which Western anti-communist countries were confronting the communist People's Republic of China as it attempted to make Burundi a logistics base for communist insurgents battling in Congo.[44] Parliamentary elections in May 1965 brought a majority of Hutu into the parliament, but when King Mwambutsa appointed a Tutsi prime minister, some Hutu felt this was unjust and ethnic tensions were further increased. In October 1965, an attempted coup d'état led by the Hutu-dominated police was carried out but failed. The Tutsi dominated army, then led by Tutsi officer Captain Michel Micombero[39] purged Hutu from their ranks and carried out reprisal attacks which ultimately claimed the lives of up to 5,000 people in a precursor to the 1972 Burundian Genocide.[45] King Mwambutsa, who had fled the country during the October coup of 1965, was deposed by a coup in July 1966 and his teenage son, Prince Ntare V, claimed the throne. In November that same year, the Tutsi Prime Minister, then-Captain Michel Micombero, carried out another coup, this time deposing Ntare, abolishing the monarchy and declaring the nation a republic, though his one-party government was effectively a military dictatorship.[34] As president, Micombero became an advocate of African socialism and received support from the People's Republic of China. He imposed a staunch regime of law and order and sharply repressed Hutu militarism. Civil war and genocides[edit] Further information: Burundian genocide (1972) and Burundian genocide (1993) In late April 1972, two events led to the outbreak of the First Burundian Genocide. On 27 April 1972, a rebellion led by Hutu members of the gendarmerie broke out in the lakeside towns of Rumonge and Nyanza-Lac and the rebels declared the short-lived Martyazo Republic.[46][47] The rebels attacked both Tutsi and any Hutu who refused to join their rebellion.[48][49] During this initial Hutu outbreak, anywhere from 800 to 1200 people were killed.[50] At the same time, King Ntare V of Burundi returned from exile, heightening political tension in the country. On 29 April 1972, the 24-year-old Ntare V was murdered. In subsequent months, the Tutsi-dominated government of Michel Micombero used the army to combat Hutu rebels and commit genocide, murdering targeted members of the Hutu majority. The total number of casualties was never established, but contemporary estimates put the number of people killed between 80,000 and 210,000.[51][52] In addition, several hundred thousand Hutu were estimated to have fled the killings into Zaïre, Rwanda and Tanzania.[52][53] Following the civil war and genocide, Micombero became mentally distraught and withdrawn. In 1976, Colonel Jean-Baptiste Bagaza, a Tutsi, led a bloodless coup to topple Micombero and set about promoting reform. His administration drafted a new constitution in 1981, which maintained Burundi's status as a one-party state.[39] In August 1984, Bagaza was elected head of state. During his tenure, Bagaza suppressed political opponents and religious freedoms. Major Pierre Buyoya, a Tutsi, overthrew Bagaza in 1987, suspended the constitution and dissolved political parties. He reinstated military rule by a Military Committee for National Salvation (CSMN).[39] Anti-Tutsi ethnic propaganda disseminated by the remnants of the 1972 UBU, which had re-organized as PALIPEHUTU in 1981, led to killings of Tutsi peasants in the northern communes of Ntega and Marangara in August 1988. The government put the death toll at 5,000,[citation needed] some international NGOs[who?] believed this understated the deaths. The new regime did not unleash the harsh reprisals of 1972. Its effort to gain public trust was eroded when it decreed an amnesty for those who had called for, carried out, and taken credit for the killings. Analysts have called this period the beginning of the "culture of impunity." Other analysts put the origins of the "culture of impunity" earlier, in 1965 and 1972, when a small number of identifiable Hutus unleashed massive killings of Tutsis.[citation needed] In the aftermath of the killings, a group of Hutu intellectuals wrote an open letter to Pierre Buyoya, asking for more representation of the Hutu in the administration. They were arrested and jailed. A few weeks later, Buyoya appointed a new government, with an equal number of Hutu and Tutsi ministers. He appointed Adrien Sibomana (Hutu) as Prime Minister. Buyoya also created a commission to address issues of national unity.[39] In 1992, the government created a new constitution that provided for a multi-party system,[39] but a civil war broke out. An estimated total of 250,000 people died in Burundi from the various conflicts between 1962 and 1993.[54] Since Burundi's independence in 1962, two genocides have taken place in the country: the 1972 mass killings of Hutus by the Tutsi-dominated army,[55] and the mass killings of Tutsis in 1993 by the Hutu majority. Both were described as genocides in the final report of the International Commission of Inquiry for Burundi presented in 2002 to the United Nations Security Council.[56] First attempt at democracy and war between Tutsi National Army and Hutu population[edit] In June 1993, Melchior Ndadaye, leader of the Hutu-dominated Front for Democracy in Burundi (FRODEBU), won the first democratic election. He became the first Hutu head of state, leading a pro-Hutu government. Though he attempted to smooth the country's bitter ethnic divide, his reforms antagonised soldiers in the Tutsi-dominated army, and he was assassinated amidst a failed military coup in October 1993, after only three months in office. The ensuing Burundian Civil War (1993–2005) saw persistent violence between Hutu rebels and the Tutsi majority army. It is estimated that some 300,000 people, mostly civilians, were killed in the years following the assassination.[57] In early 1994, the parliament elected Cyprien Ntaryamira (Hutu) to the office of president. He and Juvénal Habyarimana, the president of Rwanda, both Hutus, died together when their airplane was shot down in April 1994. More refugees started fleeing to Rwanda. Speaker of Parliament, Sylvestre Ntibantunganya (Hutu), was appointed as president in October 1994. A coalition government involving 12 of the 13 parties was formed. A feared general massacre was averted, but violence broke out. A number of Hutu refugees in Bujumbura,[
Read More about Burundi at Wikipedia

Frequently Asked Questions

What is a SWIFT Code?

The SWIFT code is a unique code that identifies a specific bank in international transactions. It is also known as the BIC code.

How does a SWIFT Code work?

The SWIFT code is used to facilitate international payments by identifying the receiving bank in the global banking system.

Why is the SWIFT Code important?

The SWIFT code ensures that international payments reach the correct bank quickly and efficiently, reducing errors and delays.

How to obtain a SWIFT Code?

You can obtain your bank’s SWIFT code by looking it up on their website or contacting their customer service.

Is the SWIFT Code the same as the IBAN?

No, the SWIFT code identifies a bank for international transactions, while the IBAN identifies a specific bank account.

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