Guide to SWIFT Codes for Bank of Asia in Kyrgyzstan

Published: 09/03/2025
SWIFT Code International Money Transfer Bank of Asia
This article provides a detailed guide to using the SWIFT/BIC codes for Bank of Asia CJSC, located in Kyrgyzstan. It emphasizes the importance of selecting the correct code based on the service type and branch. The guide offers key information about the bank and highlights potential risks, aiming to assist users in conducting international money transfers safely and efficiently. It serves as a valuable resource for understanding Bank of Asia's SWIFT code structure and ensuring secure transactions.
Guide to SWIFT Codes for Bank of Asia in Kyrgyzstan

When sending cross-border payments to Kyrgyzstan, ensuring the accuracy of the Bank Identifier Code (SWIFT/BIC) is critical. For Bank of Asia CJSC, the primary SWIFT/BIC code is ASCJKG22XXX . However, variations may exist depending on the specific branch or service type, necessitating direct verification with the recipient or bank before initiating transfers.

Essential Bank Details

Bank Name: BANK OF ASIA CJSC
SWIFT Code: ASCJKG22XXX
Address: 303, AITMATOV AVENUE
City: BISHKEK
Country: KYRGYZSTAN

Critical Factors to Verify

  1. Branch-Specific Codes: Different branches of Bank of Asia CJSC may use distinct SWIFT/BIC codes. Always use the code provided by the recipient if it specifies a particular branch.
  2. Service-Type Variations: Transactions such as international wire transfers or letters of credit might require alternative codes. Clarify the purpose of the transfer with the bank to confirm the appropriate identifier.
  3. Centralized Processing: If no branch-specific code is provided, the primary SWIFT/BIC code (ASCJKG22XXX) can generally be used, as it routes transactions through the bank's main processing office.

Best Practices for Secure Transfers

  • Double-check all recipient details, including the account number, SWIFT/BIC code, and bank address, before initiating a transfer.
  • Contact Bank of Asia CJSC directly if there is uncertainty about the correct SWIFT/BIC code or if the recipient's information appears incomplete.
  • Avoid sharing sensitive banking details via unsecured channels to mitigate fraud risks.

Understanding SWIFT/BIC Codes

These standardized codes are indispensable for international banking, enabling precise identification of financial institutions during cross-border transactions. Their accuracy ensures timely and secure fund delivery, particularly for trade, investments, or personal remittances.

Potential Risks to Address

  • Fraud Prevention: Scammers may attempt to intercept transactions through phishing or fake requests. Verify all instructions directly with trusted contacts.
  • Exchange Rate Fluctuations: Currency conversions during transfers may affect the final amount received. Monitor exchange rates to anticipate variances.
  • Fee Structures: International transfers often incur charges from correspondent and recipient banks. Request a full breakdown of costs beforehand.

To guarantee successful transfers to Bank of Asia CJSC, meticulous verification of the SWIFT/BIC code and recipient details remains paramount. Proactive communication with the bank and adherence to security protocols further safeguard against errors or delays.

Related Topics