Navigating international money transfers can be challenging without proper knowledge of the process and associated costs. This guide provides crucial information about National Commercial Bank's SWIFT/BIC code and transfer details to ensure seamless transactions.
When initiating an international wire transfer, using the correct bank and SWIFT code is essential. National Commercial Bank's SWIFT code is LNCBLYLTXXX . The bank is headquartered in Al Bayda, Libya, with its physical address at NCB Building, Urouba Street, Al Bayda. Verifying this code before initiating any transfer is critical for successful transaction completion.
For example, when sending $10,000.00 to France, the transfer service handles currency conversion and fund movement. However, the recipient typically receives approximately €8,491.00 after accounting for a $300.00 transfer fee. This demonstrates how exchange rate fluctuations and banking fees can significantly impact the final received amount.
National Commercial Bank regularly updates its SWIFT code and related information to maintain transaction security and efficiency. Carefully reviewing all transfer details—including bank addresses, processing times, and applicable fees—helps prevent potential complications during the transfer process.
When selecting financial service providers, comparing different institutions' transfer policies, terms of service, and processing times is advisable. Proper planning regarding transfer costs and scheduling can prevent last-minute errors. Strategic use of financial services ensures more efficient and reliable international money transfers.
Always confirm the use of LNCBLYLTXXX for successful transactions with National Commercial Bank. Staying informed about banking details facilitates better decision-making for international fund transfers.