When conducting international money transfers, ensuring the security and accuracy of fund delivery remains every sender's primary concern. Many individuals face confusion when selecting the correct SWIFT code for their transactions. This article provides a detailed explanation of ARAB BANK PLC's SWIFT code ARABJOAX100 and its specific applications to facilitate seamless cross-border payments.
ARAB BANK PLC, with its headquarters located at Shaker Ben Zaid Street, Shmeisani, Amman 11195, Jordan, operates with the standardized SWIFT/BIC code ARABJOAX100. This identifier becomes particularly crucial when initiating transfers to France through the bank's network, guaranteeing that funds reach their intended destination without complications.
The SWIFT code system, administered by the Society for Worldwide Interbank Financial Telecommunication, serves as a unique identification mechanism that enables precise routing of international payments. Utilizing the correct code ARABJOAX100 when transferring funds to ARAB BANK PLC prevents unnecessary delays and minimizes the risk of misdirected transactions.
Financial experts emphasize the importance of verifying all transfer details, especially the SWIFT code's accuracy, before submitting payment instructions. This verification process not only accelerates transaction processing but also safeguards against potential financial losses resulting from incorrect routing. Recipients should always confirm their banking particulars with senders, particularly for cross-border transactions where institutional requirements may vary.
Proper utilization of SWIFT codes represents both a fundamental requirement for international banking operations and a critical security measure. Whether executing personal remittances or commercial transactions, ARAB BANK PLC's SWIFT code ARABJOAX100 serves as a reliable financial conduit for Jordan-bound payments.