When conducting international wire transfers, ensuring the accuracy of SWIFT/BIC codes is essential. For AFG Bank Gabon (formerly known as Banque Internationale pour le Commerce et l'Industrie), the primary SWIFT/BIC code is BICIGALXXXX. However, different services or branch locations may utilize distinct codes.
Financial experts recommend verifying the specific code with the intended recipient or contacting AFG Bank Gabon directly to confirm the appropriate identifier for each transaction. This precaution helps prevent potential delays in fund processing.
The bank's official details are as follows:
- Bank Name: AFG BANK GABON
- SWIFT Code: BICIGALXXXX
- Address: AVENUE DU COLONEL PARANT
- City: LIBREVILLE
- Country: GABON
Transaction monitoring systems indicate that errors in SWIFT/BIC code submission remain among the leading causes of international payment delays. Banking institutions globally process approximately 42 million SWIFT messages daily, with incorrect codes resulting in an estimated 2-3% of transactions requiring manual intervention.
Financial institutions emphasize the importance of understanding SWIFT/BIC codes and staying informed about potential changes to ensure efficient cross-border transactions. Both individual and corporate clients are advised to reconfirm all transfer details before initiating payments to maintain transaction security and timely delivery.