ARAB BANK PLC, 6TH OF OCTOBER - SWIFT/BIC Code

ARAB BANK PLC, 6TH OF OCTOBER - SWIFT Code Information

SWIFT Code / BIC
ARABEGCXOCT
Bank / Institution
ARAB BANK PLC
Address
BORAY PLAZA TOWERS, TOWER 4
City
6TH OF OCTOBER
Postcode
Country
Egypt
Connection
Active
ARABEGCXOCT - SWIFT Code Breakdown
SWIFT Code
ARABEGCX or ARABEGCXOCT
Bank Code
ARAB - code assigned to ARAB BANK PLC
Country Code
EG - code belongs to Egypt
Location & Status
CX - represents location, second digit means active code
Branch Code
OCT or not assigned, indicating this is a head office
Head Office
ARABEGCX - primary office of ARAB BANK PLC, Egypt

What is a SWIFT Code ARABEGCXOCT?

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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