When conducting international wire transfers, selecting the correct bank and verifying its SWIFT/BIC code is essential to ensure secure and timely delivery of funds. Today, we examine Banque Extérieure d'Algérie, a prominent bank in Algeria, along with its SWIFT/BIC code and key details.
The SWIFT/BIC code for Banque Extérieure d'Algérie is BEXADZAL005 . This 8–11 character identifier contains critical bank information, enabling accurate routing of transactions to the intended recipient. Below are the bank’s details for reference:
- Bank Name: Banque Extérieure d'Algérie
- City: Algiers (Algeria’s capital)
- Address: Djenane El Malik Hydra Site, Sonatrach, Algiers, 16035
- Country: Algeria
Proper use of the SWIFT/BIC code, particularly in international transactions, cannot be overstated. When completing a wire transfer form, ensure the full code BEXADZAL005 is entered accurately, accompanied by the bank’s verified details, to avoid processing delays or errors.
In cross-border payments, correct SWIFT/BIC codes serve as a safeguard against common transfer mistakes and expedite fund clearance. Verifying the code’s accuracy before initiating a transaction is strongly advised. For added security, confirm the details with the recipient’s bank to ensure the SWIFT code is current and valid.
For individuals or businesses handling frequent international transfers, familiarity with these codes and associated banking information streamlines the process. Mastery of Banque Extérieure d'Algérie’s SWIFT/BIC code and related particulars ensures seamless transactions, reinforcing the importance of precision in global financial operations.