Araratbanks SWIFTBIC Code Streamlines Global Transfers

Published: 09/03/2025
SWIFT Code International Money Transfer Armenia
This article provides a detailed explanation of AraratBank's SWIFT/BIC code (ARMCAM22XXX) in Armenia, highlighting its importance and usage scenarios. It offers practical advice on how to avoid errors during international money transfers, helping readers to conduct transactions safely and efficiently. The guide clarifies the significance of the SWIFT code for identifying the bank and facilitating secure international payments to and from AraratBank in Armenia.
Araratbanks SWIFTBIC Code Streamlines Global Transfers

If you are preparing to send money to AraratBank in Armenia but find yourself confused by the complexities of SWIFT/BIC codes, this guide will provide a clear explanation to help you complete your cross-border transfer smoothly.

As a key financial institution in Armenia, AraratBank's SWIFT/BIC code plays a crucial role in international transactions. The correct code ensures funds are transferred accurately and efficiently to the recipient's account. According to official information, AraratBank's primary SWIFT/BIC code is ARMCAM22XXX .

Why Is a SWIFT/BIC Code Necessary?

The SWIFT/BIC code, also known as the Bank Identifier Code, is a unique identifier assigned by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) to banks worldwide. It functions as a bank's "identity card," enabling the identification of the recipient bank during international transfers and ensuring funds reach the correct destination. Without the correct SWIFT/BIC code, transactions may fail or face delays.

AraratBank's SWIFT/BIC Code: ARMCAM22XXX

AraratBank's primary SWIFT/BIC code is ARMCAM22XXX . This code contains the following information:

  • ARMC: The bank code, representing AraratBank.
  • AM: The country code, indicating Armenia.
  • 22: The location or region code.
  • XXX: The branch code, often used as a default when payments are processed centrally through the bank's main office.

When to Use ARMCAM22XXX

You can safely use AraratBank's primary SWIFT/BIC code ARMCAM22XXX in the following scenarios:

  • When initiating an international transfer to an AraratBank account in Armenia.
  • If the recipient does not provide a specific branch SWIFT/BIC code.
  • When payments are processed centrally through AraratBank's main office.
  • When using a widely accepted default SWIFT/BIC code is preferred.

Considerations for Branch Codes

While ARMCAM22XXX is the primary code, AraratBank may use different SWIFT/BIC codes for specific branches or services. To avoid complications, it is advisable to:

  • Confirm the exact SWIFT/BIC code with the recipient before initiating the transfer.
  • Contact AraratBank directly if there are any uncertainties regarding the correct code.

How to Prevent Transfer Errors

To ensure your funds reach the intended AraratBank account without issues, keep the following in mind:

  • Double-check the SWIFT/BIC code before submitting the transfer request.
  • Verify the recipient's account name and number for accuracy.
  • Be aware of potential fees associated with cross-border transfers, as these may vary by bank.
  • Choose the most suitable transfer method, whether through a bank branch, online banking, or a third-party payment platform.

Conclusion

Understanding AraratBank's SWIFT/BIC code is essential for successful international transactions. By using the primary code ARMCAM22XXX and confirming branch-specific details when necessary, you can ensure a smooth and secure transfer process.

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