In today's globalized world, financial activities and cross-border transactions have become increasingly common. As international money transfers rise in demand, selecting the right bank and accurate branch information is crucial. Many individuals encounter challenges due to incomplete details when sending money abroad, particularly when dealing with financial institutions across different countries and regions. Accurate banking information is essential to ensure seamless fund transfers.
This article provides an in-depth look at the Palestine Islamic Bank's branch details, including SWIFT codes, to facilitate smooth international transactions.
The Role of SWIFT Codes
SWIFT (Society for Worldwide Interbank Financial Telecommunication) codes are unique identifiers consisting of 8 to 11 characters assigned to banks and their branches. These codes play a critical role in international transfers by identifying and locating financial institutions, ensuring funds reach the intended recipient.
A SWIFT code typically includes a bank code, country code, location code, and optional branch code, distinguishing each institution. Without the correct SWIFT code, transactions may fail, experience delays, or be misdirected. Therefore, verifying the accurate SWIFT code is the first step toward a successful transfer.
Palestine Islamic Bank Branch Information
For customers conducting international transactions through Palestine Islamic Bank, understanding the SWIFT codes for its branches is essential. The bank offers diverse financial services across multiple locations, each with its own SWIFT code to support global transactions. Below are key branches and their corresponding details:
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Headquarters (Gaza City)
SWIFT Code: PISBPS22
Address: Al-Quds St, Gaza City, Palestine
Phone: +970 8 282 5280 -
Ramallah Branch
SWIFT Code: PISBPS22RAM
Address: Al-Masyoun St, Ramallah, Palestine
Phone: +970 2 296 8666 -
Bethlehem Branch
SWIFT Code: PISBPS22BTL
Address: Manger Square, Bethlehem, Palestine
Phone: +970 2 274 6400 -
Hebron Branch
SWIFT Code: PISBPS22HBR
Address: Al-Khalil St, Hebron, Palestine
Phone: +970 2 222 2211 -
Jenin Branch
SWIFT Code: PISBPS22JN
Address: Jenin Main St, Jenin, Palestine
Phone: +970 4 250 3700
If a specific branch is not listed, using the headquarters' SWIFT code (PISBPS22) ensures funds are routed correctly.
Preparing for an International Transfer
Before initiating a transfer, confirm the recipient’s SWIFT code, account number, and name. Errors in these details may lead to delays or failed transactions. Contacting your bank to verify the latest SWIFT code and understanding associated fees and processing times is advisable, especially for first-time senders.
Handling Transfer Errors
Mistakes can occur despite precautions. If incorrect information is detected, immediately notify your bank to resolve the issue. Policies for rectifying errors vary, so prompt communication is key to minimizing complications.
Guidelines for Recipients
Recipients expecting international funds should provide the sender with their bank’s correct SWIFT code. If branch-specific codes are unavailable, contacting Palestine Islamic Bank’s customer service for assistance ensures smooth transactions.
Conclusion
Accuracy in financial information is paramount for successful international transfers. By familiarizing yourself with Palestine Islamic Bank’s SWIFT codes and adhering to best practices, you can execute transactions efficiently and securely. Proactive verification and clear communication with banking institutions safeguard your funds, whether for personal or business purposes.