In international money transfers, selecting the accurate SWIFT/BIC code is crucial, particularly when sending funds to ARAB BANK PLC . The bank's correct SWIFT code, ARABPS22060 , plays a vital role in ensuring both the security and timely delivery of your funds.
Bank Details and Location
ARAB BANK PLC operates in Jenin, Palestine, with its physical address listed as JENIN, JENIN . Utilizing the proper SWIFT code during cross-border transactions helps prevent potential issues and unnecessary delays. For this financial institution, the required identifier is ARABPS22060 .
Understanding SWIFT Code Structure
SWIFT codes consist of 8 to 11 alphanumeric characters that precisely identify specific banks and their branches worldwide. In the case of ARAB BANK PLC:
- ARAB represents the bank code for ARAB BANK PLC
- PS indicates the country code for Palestine
- 22 corresponds to the bank's headquarters location
- 060 identifies the specific branch
This combination of characters provides reliable routing information for financial transactions.
Verification Before Transfer
Before initiating any wire transfer, it is essential to double-check and confirm the SWIFT code to guarantee that funds reach their intended destination promptly. In today's fast-moving financial environment, accurate information has become increasingly important for banking operations.
The SWIFT code ARABPS22060 serves as a critical component for successful international transactions with ARAB BANK PLC, offering both security and efficiency for cross-border payments.