In international banking transactions, selecting the correct SWIFT/BIC code is crucial for seamless fund transfers. These standardized codes serve as unique identifiers for financial institutions worldwide, particularly essential for cross-border payments.
ARAB BANK PLC operates with the SWIFT/BIC code ARABPS22080 . This alphanumeric sequence precisely identifies the bank in global financial networks, ensuring accurate routing of international wire transfers to intended accounts. The bank's physical location is registered in Qalqilya, Palestine, with the complete address listed as Qalqilya, Qalqilya for reference and verification purposes.
Financial professionals emphasize that SWIFT codes may occasionally change due to banking reorganizations or operational updates. Therefore, verifying the current code before initiating any international transaction is strongly recommended. Using the correct SWIFT/BIC code for ARAB BANK PLC ( ARABPS22080 ) effectively identifies both the recipient bank and its specific branch, significantly reducing potential transfer errors and delays.
The SWIFT network has revolutionized international money transfers, enabling faster and more secure transactions. ARAB BANK PLC's participation in this system demonstrates its commitment to providing efficient global banking services to its customers.