AFG Bank Gabon Adopts SWIFT BIC for International Transactions

Published: 08/12/2025
AFG Bank SWIFT Code International Remittance
The SWIFT/BIC code for AFG Bank is BICIGALXMBT, serving as a crucial identifier for international remittances. Understanding its structure and proper usage can simplify the transaction process and ensure fund security. This article discusses the composition of SWIFT codes and important considerations for their use, emphasizing the importance of communication with the bank.
AFG Bank Gabon Adopts SWIFT BIC for International Transactions

When conducting international wire transfers, selecting the correct bank and its associated information is crucial. A bank's SWIFT code, also known as a BIC (Bank Identifier Code), serves as an indispensable identifier for cross-border transactions. Using AFG BANK GABON (formerly known as BANQUE INTERNATIONALE POUR LE COMMERCE ET L'INDUSTRIE DU GABON) as an example, we examine the key aspects and applications of SWIFT/BIC codes.

Understanding AFG BANK GABON's SWIFT Code

AFG BANK GABON's SWIFT code is BICIGALXMBT . This alphanumeric sequence not only identifies the bank within the global financial network but also specifies a particular branch. With this code, senders can ensure funds reach the intended recipient's account accurately.

Decoding the SWIFT/BIC Structure

SWIFT codes consist of 8 to 11 characters with the following structure:

  • First 4 characters: Bank code (e.g., 'BICI' for AFG BANK GABON)
  • Next 2 characters: Country code ('GA' for Gabon)
  • Characters 6-8: Location code ('LX' for the bank's headquarters)
  • Last 3 characters (optional): Branch identifier

This standardized format ensures smooth processing of international transactions across financial institutions.

Important Considerations

Not all countries or payment methods require SWIFT codes for transactions. Before initiating a transfer, verify with your bank or recipient whether a SWIFT/BIC code is necessary to prevent delays or complications. Additionally, as financial institutions periodically update their codes, confirming the current information before each transaction is advisable.

Understanding and correctly using AFG BANK GABON's SWIFT/BIC code simplifies international money transfers and safeguards the secure delivery of funds. Proactive communication with banking institutions and careful selection of transfer methods further ensures transaction efficiency.

In today's global financial landscape, mastering SWIFT/BIC codes enhances both personal and corporate financial operations. Whether facilitating personal savings transfers or supporting international trade, attention to these details provides greater security and convenience in global economic activities.

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