The country codeidentifies the country in which the financial institution is located.
MAR identifies the banque BNP-Paribas branch in Marseille, a city in the South of France.
Branch codes: A three-character code used in a bankidentifiercode to identify a specific branch or department of an institution in the financial services industry.
ISO 9362 (also known as SWIFT or BICcode) is a standard format of BankIdentifierCodes approved by the International Organization for Standardization.
There are over 7,500 "live" codes (for partners actively connected to the BIC network) and an estimated 10,000 additional BICcodes which can be used for manual transactions.
As an example, Deutsche Bank is an international bank; its head office is based in Frankfurt, Germany.