In international money transfers, selecting the correct bank SWIFT code is crucial. For customers looking to transfer funds through ARAB BANK PLC, understanding its SWIFT/BIC code (ARABJOAX105) and basic banking information ensures efficient and accurate transactions.
ARAB BANK PLC is headquartered in Ruseifa, Jordan, with its address at King Hussain St, Ruseifa, Zarqa, 13710. The bank's SWIFT code, ARABJOAX105, is globally recognized and widely used. Proper utilization of this code helps prevent potential delays or errors, guaranteeing smooth fund delivery.
International transfers often involve currency exchange rates and processing fees that customers should consider. For instance, when sending $10,000 to France, the recipient might receive approximately €8,409. However, clients should note that every detail in the transfer process, including the SWIFT code, impacts the final amount received.
ARAB BANK PLC typically processes transfers quickly, with most transactions completed within the same business day. To maximize efficiency, customers must ensure all banking information is accurate when initiating transfers. This attention to detail helps avoid potential delays and ensures smooth financial operations.
Before initiating international transfers, customers should always verify the SWIFT code and bank address information. As these details may be periodically updated, maintaining current information is essential. This practice not only reduces uncertainty but also enhances the overall transfer experience, ensuring transactions proceed as expected.
Understanding and correctly using ARAB BANK PLC's SWIFT code remains a critical step for any customer conducting cross-border money transfers. This precaution helps prevent potential transfer issues while improving overall transaction efficiency through accuracy.