When making international transfers, the SWIFT/BIC code plays a critical role in ensuring the security and timely delivery of funds. This article explains three essential pieces of information regarding international transfers through National Commercial Bank: the SWIFT code, destination details, and available transfer options.
National Commercial Bank's SWIFT Code
The SWIFT code for National Commercial Bank is LNCBLYLTHOB . This unique identifier is used for international financial transactions to guarantee accurate routing of funds to their intended destination. The code corresponds to the bank's location in Tripoli, the capital of Libya.
Transfer Options and Processing Times
For example, when sending $10,000.00 from National Commercial Bank to France, the recipient would receive approximately €8,490.00. Several payment methods are available for such transfers:
- Direct Debit: Typically processes within 3 business days
- Debit Card Payment: Faster processing, usually completed within 24 hours
- Bank Transfer: Also offers rapid service, generally completed within 24 hours
Recipients can choose how to receive the funds, with standard bank account transfers taking approximately 3 business days to complete.
Importance of SWIFT Codes in International Banking
Understanding SWIFT codes and selecting reliable banking partners are crucial aspects of international money transfers. By using National Commercial Bank's SWIFT code LNCBLYLTHOB , customers can facilitate smooth international transactions. Careful planning and selecting appropriate payment methods contribute to successful international fund transfers.