Eurasian Development Banks SWIFT Code Key for Global Transfers

Published: 08/15/2025
Remittance Security SWIFT Code International Banking
This article presents the SWIFT/BIC code EABRKZKAXXX for the EURASIAN DEVELOPMENT BANK, highlighting the importance of accurately using this code to ensure smooth and secure international remittances. It also provides information on remittance amounts and processing times, helping readers understand key aspects of cross-border money transfers.
Eurasian Development Banks SWIFT Code Key for Global Transfers

International money transfers can often be challenging, with incorrect procedures potentially causing significant delays. While sending money might seem straightforward, transactions involving foreign banks require particular attention to detail—especially when it comes to using the correct SWIFT/BIC codes.

For those conducting transactions with the EURASIAN DEVELOPMENT BANK, the SWIFT/BIC code EABRKZKAXXX serves as a critical piece of information that ensures funds reach their destination safely and efficiently. This code acts as a unique identifier for the bank in international financial transactions.

Understanding SWIFT/BIC Codes

SWIFT (Society for Worldwide Interbank Financial Telecommunication) codes, also known as BIC (Bank Identifier Codes), function like postal addresses for banks in the global financial system. These standardized codes enable financial institutions worldwide to identify each other quickly and accurately during international transfers.

The EURASIAN DEVELOPMENT BANK, headquartered at Dostyk Ave. 220, 050051 Almaty, Kazakhstan, uses the code EABRKZKAXXX . This institution plays a significant role in facilitating regional economic growth and cooperation across Eurasia.

Decoding EABRKZKAXXX

The SWIFT/BIC code structure reveals important information about the financial institution:

  • EABR : The unique bank code for EURASIAN DEVELOPMENT BANK
  • KZ : Country code indicating Kazakhstan
  • KA : Location code pointing to the bank's headquarters
  • XXX : Indicates this is the institution's primary office

Transfer Process and Timeline

When sending funds to EURASIAN DEVELOPMENT BANK, understanding the transfer timeline helps manage expectations:

  • Standard bank transfers typically complete within 24 hours
  • Transactions requiring signature verification may take up to 3 business days
  • Processing times may vary depending on intermediary banks involved in the transfer

Critical Precautions for International Transfers

To ensure smooth transactions, consider these essential steps:

  1. Verify the SWIFT/BIC code : Confirm that EABRKZKAXXX is the correct code for your transaction.
  2. Double-check account details : Carefully review all recipient information before initiating the transfer.
  3. Maintain communication : Keep open channels with both your bank and the recipient to address any potential issues promptly.
  4. Document transactions : Save all transfer receipts and confirmation details for future reference.
  5. Monitor transfers : Follow up with your bank if funds don't arrive within the expected timeframe.

Accuracy in international banking transactions cannot be overstated. A single digit error in the SWIFT/BIC code could redirect funds to the wrong institution, potentially causing significant delays and complications in recovering the money.

By understanding and properly utilizing the EURASIAN DEVELOPMENT BANK's SWIFT/BIC code, individuals and businesses can conduct international transactions with greater confidence and security. This knowledge serves as a fundamental tool for navigating the complexities of global finance.

Related Topics