In an increasingly globalized economy, the demand for cross-border remittances continues to grow. For individuals or businesses transferring funds to Libya, understanding the correct SWIFT codes and banking details is essential—particularly when sending money to the Bank of Commerce and Development (L.J.S.C.) . Accurate information helps prevent errors and delays in transactions.
As a key financial institution in Libya, the Bank of Commerce and Development (L.J.S.C.) operates with the SWIFT/BIC code CDBLLYLT , with its specific branch code designated as 013 . The bank is headquartered at Benina Airport in Benghazi, Libya, with the full address: Benina Airport, Benghazi, Libya . Verifying the validity of the SWIFT code before initiating an international transfer ensures the smooth processing of funds.
For instance, if transferring $10,000 USD to this bank, the recipient will receive the equivalent amount in euros ( EUR ), subject to prevailing exchange rates. Fluctuations in currency values may affect the final sum received, so it is advisable to confirm exchange rate details beforehand.
Transfers can be executed via bank accounts. To safeguard the transaction, senders should verify all details—including the recipient bank’s name, address, and SWIFT code—with both the originating and receiving institutions. A valid SWIFT code minimizes uncertainties and reduces the risk of delays or misdirected funds.
When conducting international remittances, especially to institutions like the Bank of Commerce and Development (L.J.S.C.), meticulous attention to banking details is critical. Ensuring the accuracy of the bank’s name, physical address, and SWIFT code guarantees that funds reach their intended destination promptly and securely.