In the realm of global financial transactions, ensuring the secure and efficient movement of funds is paramount. Among the critical components facilitating this process is the SWIFT code, which serves as a universal language for international banks. When transferring funds to a specific bank, correctly identifying its SWIFT code is essential. Today, we examine AFG Bank Gabon and its SWIFT code, BICIGALXXXX , to understand its role in international transactions.
AFG Bank Gabon: Key Details
Formerly known as Banque Internationale pour le Commerce et l'Industrie du Gabon (BICIG), AFG Bank Gabon is headquartered in Libreville, the capital of Gabon. The bank's SWIFT/BIC code, BICIGALXXXX , is a unique identifier that ensures seamless cross-border transactions. Below are the bank's details:
- Bank Name: AFG Bank Gabon (formerly Banque Internationale pour le Commerce et l'Industrie du Gabon)
- City: Libreville
- Address: Avenue du Colonel Parant, Libreville, Estuaire
- Country: Gabon
The Role of SWIFT Codes in Secure Transactions
Selecting the correct SWIFT code is crucial for maintaining the confidentiality and security of cross-border transfers. BICIGALXXXX not only identifies AFG Bank Gabon but also acts as a bridge to ensure accurate routing of funds. Whether sending or receiving money, using this code guarantees that transactions reach the intended destination without delays or errors.
Verification and Best Practices
When conducting international transactions, verifying the accuracy of the SWIFT code is imperative. An incorrect code may result in delayed transfers, returned funds, or even loss of payment. This is particularly critical for high-value transactions, where precision is non-negotiable.
Customers should prioritize understanding the SWIFT codes of their banking institutions. Such knowledge simplifies the complexities often associated with international wire transfers. For those transferring funds to AFG Bank Gabon, BICIGALXXXX remains the key to a secure and successful transaction.