In today's rapidly evolving global financial landscape, ensuring the security and timeliness of international money transfers is paramount. For those conducting transactions with ARAB BANK PLC in Jordan, the SWIFT code ARABJOAX104 serves as a crucial identifier for seamless cross-border payments.
Headquartered at King Faisal I St, Mafraq, 25110, Jordan, ARAB BANK PLC provides a reliable channel for international fund transfers when paired with its dedicated SWIFT code. Whether for personal remittances, commercial transactions, or other financial operations, using the correct SWIFT code guarantees accurate routing of funds to the intended recipient.
The structure of SWIFT code ARABJOAX104 follows the standard international format:
- ARAB : Bank code identifying ARAB BANK PLC
- JO : Country code for Jordan
- AX : Location code designating the specific branch
- 104 : Further identifies the precise banking facility
This 11-character alphanumeric system enables financial institutions worldwide to quickly identify the destination bank and route transactions accordingly. The standardized format helps prevent delays or misdirected transfers that can occur with incomplete banking information.
Financial experts emphasize the importance of verifying SWIFT codes with receiving banks prior to initiating transfers. Confirming these details helps avoid processing errors that could potentially delay transactions or require costly recovery procedures.
As international financial activity continues to grow, understanding proper transfer protocols becomes increasingly important. The combination of ARAB BANK PLC's established banking infrastructure and its designated SWIFT code provides account holders with a secure method for managing cross-border financial transactions.