In financial transactions, ensuring accurate fund transfers to the intended destination remains a primary concern for every client. Have you ever felt confused about SWIFT/BIC codes when making international wire transfers? This article explains ARAB BANK PLC's SWIFT/BIC code to facilitate smoother transactions.
ARAB BANK PLC's SWIFT code is ARABJOAX111 . This unique identifier represents the financial institution headquartered in Amman, Jordan, with its physical address at AMMAN, KING FAISAL STREET, AMMAN, 11185, JORDAN . The SWIFT system plays a critical role in international banking by ensuring funds reach the correct account securely and efficiently.
International wire transfers require SWIFT/BIC codes consisting of 8 to 11 alphanumeric characters that precisely identify specific banks or their branches. This standardized coding system simplifies fund transfer processes while significantly reducing error risks. Before initiating any transfer, users should verify all relevant details including the bank name, branch location, and country information.
Each bank maintains its distinct SWIFT code across different countries and regions. For ARAB BANK PLC, ARABJOAX111 serves as Jordan's unique identifier. This systematic approach minimizes potential errors during international transactions, making SWIFT code verification essential for all cross-border payment users.
From transaction security and accuracy perspectives, customers should exercise particular caution when handling SWIFT/BIC codes. ARAB BANK PLC clients must remember that ARABJOAX111 represents the first crucial step in international transactions. Experts recommend double-checking SWIFT information before every transfer to safeguard financial assets.
Understanding and properly using SWIFT/BIC codes remains fundamental to successful international banking. ARAB BANK PLC's identifier ARABJOAX111 not only authenticates the bank's identity but also serves as a vital security measure for fund transfers. Developing the habit of verifying SWIFT codes during international transactions provides an additional layer of financial protection.