In global financial transactions, ensuring the accuracy of fund transfers is paramount. The SWIFT/BIC code serves as a critical component in this process, acting as a unique identifier for financial institutions worldwide. For those needing to transfer funds to AFG Bank (formerly known as Banque Internationale pour le Commerce et l'Industrie du Gabon), understanding the correct code is essential for seamless transactions.
AFG Bank's SWIFT/BIC code is BICIGALXXXX . This alphanumeric sequence functions as the bank's international "identity card," facilitating secure and timely cross-border payments while minimizing the risk of errors or delays.
Headquartered in Libreville, Gabon, at Avenue du Colonel Parant, Estuaire, AFG Bank requires senders to verify all transaction details meticulously. When initiating an international transfer, confirm the recipient bank's name, location, and SWIFT code match precisely with the official information: BICIGALXXXX for AFG Bank.
Before processing any international payment, individuals and businesses should consult their financial service providers to confirm SWIFT/BIC compatibility and verify any additional required transfer details. This preliminary step helps prevent processing bottlenecks and ensures compliance with international banking regulations.
Whether executing commercial transactions or personal remittances, utilizing the correct SWIFT/BIC code forms the foundation of successful international money transfers. For AFG Bank recipients, applying code BICIGALXXXX and double-checking all accompanying information significantly reduces cross-border payment risks. This vigilance serves as both a protective measure for financial assets and an efficiency booster for global transactions.
While seemingly simple, SWIFT/BIC codes represent the backbone of international financial operations. Understanding this system enhances financial literacy and enables more informed decision-making in global money management. In international banking, precise use of these codes delivers seamless financial services to customers worldwide.