ALAWWAL BANK, RIYADH - SWIFT/BIC Code

ALAWWAL BANK, RIYADH - SWIFT Code Information

SWIFT Code / BIC
AAALSARIRYD
Bank / Institution
ALAWWAL BANK
Address
City
RIYADH
Postcode
Country
Saudi Arabia
Connection
Active
AAALSARIRYD - SWIFT Code Breakdown
SWIFT Code
AAALSARI or AAALSARIRYD
Bank Code
AAAL - code assigned to ALAWWAL BANK
Country Code
SA - code belongs to Saudi Arabia
Location & Status
RI - represents location, second digit means active code
Branch Code
RYD or not assigned, indicating this is a head office
Head Office
AAALSARI - primary office of ALAWWAL BANK, Saudi Arabia

What is a SWIFT Code AAALSARIRYD?

SWIFT Code is a standard format of Bank Identifier Code (BIC) used to specify a particular bank or branch. These codes are used when transferring money between banks, particularly for international wire transfers. Banks also use these codes for exchanging messages between them.

SWIFT codes comprise of 8 or 11 characters. All 11 digit codes refer to specific branches, while 8 digit codes (or those ending in 'XXX') refer to the head or primary office. SWIFT codes are formatted as follows:

AAAA BB CC DDD

  • First 4 characters - bank code (only letters)
  • Next 2 characters - ISO 3166-1 alpha-2 country code (only letters)
  • Next 2 characters - location code, passive participant will have "1" in the second character (letters and digits)
  • Last 3 characters - branch code, optional - 'XXX' for primary office (letters and digits)

The registrations of SWIFT Codes are handled by Society for Worldwide Interbank Financial Telecommunication (“SWIFT”) and their headquarters is located in La Hulpe, Belgium. SWIFT is the registered trademark of S.W.I.F.T. SCRL with a registered address at Avenue Adèle 1, B-1310 La Hulpe, Belgium.

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