In international wire transfers, selecting the accurate SWIFT/BIC code is critical. For those needing to send funds to the Eurasian Development Bank (EDB), knowing the bank’s SWIFT code ensures a smooth transaction process. The primary SWIFT/BIC code for Eurasian Development Bank is EABRKZKAXXX . This code is used for international transfers to the bank and serves as a default when specific branch codes are unavailable.
As a key financial institution, the Eurasian Development Bank plays a significant role in facilitating international capital flows. Headquartered in Almaty, Kazakhstan, at 220 Dostyk Avenue, the bank relies on standardized financial identifiers like SWIFT codes to streamline cross-border transactions. Verifying the correct SWIFT/BIC code— EABRKZKAXXX —helps users avoid errors that could delay fund transfers.
When to Use the Primary SWIFT Code
The primary code, EABRKZKAXXX , is typically used in the following scenarios:
- For international transfers directed to the Eurasian Development Bank in Kazakhstan.
- When the recipient does not provide a specific branch SWIFT/BIC code.
- If transactions are processed centrally through the bank’s main branch.
While the primary code is widely applicable, the Eurasian Development Bank may assign distinct SWIFT/BIC codes for certain services or branches. To prevent processing delays, confirm the exact code with the recipient before initiating a transfer.
Ensuring Efficient and Secure Transfers
Accuracy in financial transactions minimizes risks and ensures timely delivery. Users are advised to double-check all details, including the recipient’s account information and the correct SWIFT/BIC code, before submitting a transfer request. This precaution safeguards against potential disruptions and enhances the efficiency of international payments.