Have you ever struggled with the complexity of SWIFT codes when making international transfers? A single mistake can lead to delayed or returned payments, wasting valuable time and effort. This comprehensive guide will explain everything you need to know about Tunisian Foreign Bank's SWIFT code to ensure smooth international transactions.
The Essential Code: UTUBTNTTXXX, Your Transfer Passport
Tunisian Foreign Bank's primary SWIFT/BIC code is UTUBTNTTXXX. This code serves as a key to ensure your funds reach their intended destination accurately. However, like all banks, Tunisian Foreign Bank may use different SWIFT/BIC codes for specific services or branches. For absolute certainty, always verify the correct code with the recipient or directly with Tunisian Foreign Bank before initiating any transfer.
Breaking Down UTUBTNTTXXX: Bank Information Decoded
- Bank Name: Tunisian Foreign Bank
- SWIFT Code: UTUBTNTTXXX
- Bank Address: Angle Avenue Mohamed V, 8006, Espace Tunis, Bloc D, Floor 4
- City: Tunis
- Country: Tunisia
When to Use UTUBTNTTXXX: Four Common Scenarios
You can confidently use Tunisian Foreign Bank's primary SWIFT/BIC code UTUBTNTTXXX in these situations:
- Sending international transfers to Tunisian Foreign Bank in Tunisia: This is the most common use case to ensure funds properly enter the bank's system.
- Recipient hasn't provided a specific branch SWIFT/BIC code: When you only know the bank name without detailed branch information, using the primary code is a safe choice.
- Tunisian Foreign Bank processes payments through its main office: Some banks centralize international transfers at headquarters, making the primary code sufficient.
- Using a widely accepted default SWIFT/BIC code: When uncertain about specific branch codes, the primary code serves as a universally accepted option.
Critical Reminder: Verification Before Transfer
Before initiating any SWIFT payment, carefully verify these details:
- SWIFT code matches the recipient's bank exactly: Even a single character error can cause transfer failure.
- Account number and name are entered correctly: These are the most error-prone fields that require letter-by-letter verification.
Minor mistakes may lead to delays or failed transactions. If you discover incorrect information after initiating a transfer, contact your bank immediately for assistance.
Receiving International Transfers: Ensuring Accuracy
To receive international payments into your Tunisian Foreign Bank account, provide these details to the sender:
- Correct SWIFT/BIC code: UTUBTNTTXXX or the specific branch code if available
- Account number: Your complete bank account number
- Additional bank details: Including bank name and address
Ensure the sender has all correct information to prevent unnecessary delays.
Branch Information: More Precise Transfer Options
While UTUBTNTTXXX serves as the primary code, knowing Tunisian Foreign Bank's branch-specific SWIFT codes enables more precise transfers. When possible, use the specific branch code provided by the recipient or Tunisian Foreign Bank.
Conclusion: Mastering SWIFT Codes for Seamless Transactions
Understanding Tunisian Foreign Bank's SWIFT code is essential for successful international transfers. With this comprehensive guide, you're now equipped with detailed knowledge about UTUBTNTTXXX and related considerations. Always verify information before transferring and select the most appropriate SWIFT code to ensure your funds reach their destination securely and efficiently.