Belarusbanks SWIFT Code Key for Global Transfers

This article provides an in-depth analysis of BELARUSBANK's SWIFT/BIC code, explaining its components and usage considerations. It emphasizes the importance of correctly using SWIFT codes for international remittances, helping readers ensure the safety of their funds and the efficiency of transactions.
Belarusbanks SWIFT Code Key for Global Transfers

Have you ever struggled to locate the correct SWIFT/BIC code for an international money transfer? The right SWIFT/BIC code is not only essential for completing cross-border transactions smoothly but also plays a critical role in ensuring the security of your funds. This article provides a detailed breakdown of BELARUSBANK's SWIFT/BIC code, including its structure and key usage considerations.

The Structure of SWIFT/BIC Codes

A SWIFT/BIC code consists of 8 to 11 alphanumeric characters that uniquely identify a specific bank and its branch anywhere in the world. Below is a detailed analysis of BELARUSBANK's SWIFT/BIC code:

  • Bank Code (AKBB): The first four letters represent BELARUSBANK.
  • Country Code (BY): The next two letters indicate that the bank is located in Belarus.
  • Location Code (2X): The following two characters specify the bank's headquarters.
  • Branch Code (XXX): The last three digits identify a specific branch. If the code ends with "XXX," it refers to the bank's main office.

In summary, BELARUSBANK's complete SWIFT/BIC code is AKBBBY2XXXX . The first eight characters ( AKBBBY2X ) are mandatory, while the final three digits point to its headquarters.

Address Information

BELARUSBANK's registered address is:

Dzerzhinski Avenue, 18,
Minsk, Belarus.

Key Considerations for International Transfers

When initiating an international transfer, verifying the correct SWIFT/BIC code is crucial to avoid payment issues or delays. Keep the following points in mind:

  • Confirm the Bank Name: Ensure the recipient's bank name matches the SWIFT/BIC code you are using.
  • Verify the Branch: If using a branch-specific SWIFT/BIC code, confirm that the branch aligns with the recipient's account details.
  • Check the Country: Since banks operate globally, ensure the SWIFT/BIC code corresponds to the correct country where the recipient's account is held.

Using the correct SWIFT/BIC code for BELARUSBANK not only enhances the efficiency of your transfer but also minimizes the risk of financial losses due to incorrect information. Understanding these details ensures a seamless and secure international banking experience.