Bank of Commerce SWIFT Code Guide for Global Transfers

This article introduces the SWIFT code CDBLLYLT019 for the LIBYA BANK OF COMMERCE AND DEVELOPMENT, emphasizing the importance of correctly using SWIFT codes in international remittances for the safety and accuracy of funds.
Bank of Commerce SWIFT Code Guide for Global Transfers

In today’s globalized financial landscape, international wire transfers have become increasingly common. However, many individuals remain unfamiliar with critical components of the process, particularly the use of SWIFT codes. These codes serve as essential identifiers for banks during cross-border transactions, ensuring funds reach their intended destination accurately and efficiently.

One such institution is Libya’s BANK OF COMMERCE AND DEVELOPMENT (L.J.S.C.) , which operates with the SWIFT code CDBLLYLT019 . Headquartered in Ejdabia at AL HELAL ALAHMER, BENGHAZI STREET, EJDABIA, AL WAHAT , this bank relies on its unique SWIFT/BIC code for secure international communication and fund transfers.

The CDBLLYLT019 code, assigned by the global banking cooperative SWIFT, plays a pivotal role in maintaining transaction security. When initiating transfers to this institution, providing the correct SWIFT code is non-negotiable—errors may result in delayed payments or failed transactions.

Beyond the SWIFT code, senders must also verify the recipient’s full account details, including the beneficiary’s name, bank address, and account number. This dual verification process safeguards against misdirected funds.

As international financial transactions grow in volume and complexity, understanding tools like SWIFT codes becomes indispensable. Whether for personal remittances or corporate dealings, proper use of identifiers such as CDBLLYLT019 ensures both efficiency and peace of mind in global money transfers.