When conducting international wire transfers, selecting the correct SWIFT/BIC code is crucial. Imagine wanting to send funds securely and swiftly to Saudi Arabia, with the recipient being The Saudi National Bank. Do you know which code to use? Below, we provide the bank’s SWIFT/BIC code and essential details.
The SWIFT code for The Saudi National Bank is NCBKSAJE615 . This code is not only necessary for international transactions but also ensures funds reach their intended destination accurately.
The bank is headquartered in Dammam, a city in Saudi Arabia’s Eastern Province, with the following address:
Management Office Building, 1st Floor, Dana Center,
Dammam, Eastern Province,
Postal Code: 31432.
When initiating an international transfer to The Saudi National Bank, always use the SWIFT code NCBKSAJE615 . Accurate entry of this code guarantees seamless processing, preventing delays or misdirected funds.
SWIFT codes consist of 8 to 11 characters, containing key identifiers such as the bank, country, and location. The structure of NCBKSAJE615 is as follows:
- NCBK : The bank identifier, representing The Saudi National Bank.
- SA : The country code, indicating Saudi Arabia.
- JE : The location code, specifying Dammam.
- 615 : An optional branch identifier, further refining the transfer destination.
Understanding the significance of SWIFT/BIC codes is essential for international transactions. Correct codes minimize errors, enhance security, and improve efficiency. Therefore, verifying and using the right code is fundamental for anyone conducting cross-border transfers.