Arab Bank PLC Explains SWIFTBIC Codes for Global Transfers

This article provides a detailed overview of the SWIFT/BIC code for ARAB BANK PLC (ARABJOAX 102) and offers specific information on sending USD remittances to France, including the remittance amount and exchange rate conversion. It emphasizes the importance of accurate remittance information.
Arab Bank PLC Explains SWIFTBIC Codes for Global Transfers

When conducting international wire transfers, knowing the correct SWIFT/BIC code is crucial to ensure the smooth delivery of funds. For ARAB BANK PLC , the SWIFT/BIC code is ARABJOAX 102 . This identifier plays a vital role in global banking communications, enabling secure and efficient cross-border transactions.

The bank is headquartered in Karak, Jordan, with its address listed as NUZHA ST, KARAK, KARAK, 17110 . As international money transfers become increasingly common, verifying the recipient bank's details—especially for large transactions—is essential to avoid errors or delays.

For instance, if you intend to send $10,000.00 to France, the recipient would receive approximately €8,409.00 after currency conversion and applicable fees. Given the impact of exchange rates and transfer costs, it is advisable to review the latest conversion rates between USD, EUR, and other relevant currencies before initiating the transaction.

Regularly validating and updating SWIFT codes enhances both the security and efficiency of international transfers. Using outdated or incorrect banking details may result in processing delays or additional charges.

In summary, familiarity with ARAB BANK PLC's SWIFT/BIC code and the broader wire transfer process helps ensure seamless cross-border transactions. Whether for personal remittances or business payments, accuracy in banking information remains fundamental to successful transfers.