Have you ever found yourself confused by SWIFT codes when making international money transfers? An incorrect SWIFT code can prevent your funds from reaching their intended destination—a common yet serious issue in global financial transactions. Today, we examine the SWIFT code for BANQUE DES ETATS D'AFRIQUE CENTRALE (Central African States Bank) and its proper usage.
The SWIFT code for BANQUE DES ETATS D'AFRIQUE CENTRALE is BEACCMCX091 . This code ensures accurate transfer of funds to the bank and contains the following essential information:
- Bank Name: BANQUE DES ETATS D'AFRIQUE CENTRALE
- City: YAOUNDE
- Address: YAOUNDE, MFOUNDI
- Country: CAMEROON
How SWIFT Codes Work
Typically, a SWIFT code consists of 8 to 11 characters. The first 4 characters represent the bank code, followed by 2 characters indicating the country code. The remaining 2 or 3 characters specify the city or a particular branch location.
When to Use This SWIFT Code
This code is required whenever you initiate an international transfer to BANQUE DES ETATS D'AFRIQUE CENTRALE. Using the correct code ( BEACCMCX091 ) guarantees that your funds are routed properly.
Why Accuracy Matters
SWIFT codes play a critical role in international financial transactions by ensuring the security and precision of fund transfers. Before conducting any cross-border transaction, always verify the SWIFT code's accuracy. For the most reliable information, consult official banking resources or contact your financial institution directly.
Whether you're making personal remittances or conducting business transactions, attention to SWIFT code details is crucial. These seemingly minor elements can significantly impact your financial security. When handling international transfers, remain vigilant to ensure your funds reach their intended destination without complications.