Navigating international wire transfers to Guinea can be challenging, especially when confronted with complex banking codes. This guide provides clarity on the SWIFT code for Banque Nationale de Guinée (National Bank of Guinea), ensuring your cross-border transactions proceed smoothly.
The Key to Seamless Transfers: Understanding Banque Nationale de Guinée's SWIFT Code
In international banking, SWIFT/BIC codes serve as unique identifiers for financial institutions, guaranteeing accurate fund routing. For Banque Nationale de Guinée, the primary SWIFT/BIC code is: BQNGGNGNXXX .
This universal code functions as a master key for transfers to any account held at Guinea's National Bank, regardless of the recipient's location within the country.
Decoding BQNGGNGNXXX: The Bank's Identification Details
The SWIFT code reveals important institutional information:
- Bank Name: BANQUE NATIONALE DE GUINEE
- SWIFT Code: BQNGGNGNXXX
- Address: BOULEVARD DIALLO TELLI QUARTIER, KOULEWOUNDY COMMUNE DE KALOUM
- City: CONAKRY (Guinea's capital)
- Country: GUINEA
These elements collectively establish the bank's identity within global financial networks.
When to Use the Primary SWIFT Code
The main SWIFT/BIC code (BQNGGNGNXXX) applies in these scenarios:
- International transfers to accounts at Banque Nationale de Guinée
- Situations where no specific branch code is provided
- Transactions processed through the bank's central operations
- When a universally recognized default code is required
Branch-Specific Codes: Special Circumstances
While the primary code typically suffices, some exceptions require attention:
- When recipients specify particular branch codes
- For certain specialized banking services
Ensuring Error-Free Transfers
Follow these guidelines to guarantee successful transactions:
- Verify all recipient details (bank name, SWIFT code, account number)
- Consult with banking representatives for clarification
- Retain transaction records for future reference
Banque Nationale de Guinée: A Financial Pillar in West Africa
As Guinea's domestic bank, the institution plays a vital role in economic development through financial services, infrastructure support, and community initiatives. Understanding its SWIFT code provides insight into its global financial integration.
The SWIFT System: Global Financial Infrastructure
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) network enables secure international transactions among thousands of financial institutions. SWIFT codes function as precise routing addresses, preventing delays and misdirected funds.
Mastering International Finance
Comprehending Banque Nationale de Guinée's SWIFT code represents the first step toward confident international banking. Familiarity with the SWIFT system facilitates efficient cross-border transactions and investments.
Summary: Your Guinea Transfer Reference
Banque Nationale de Guinée's primary SWIFT/BIC code is BQNGGNGNXXX . Always verify banking details before initiating transfers and consult financial institutions when uncertain. Accurate SWIFT codes remain fundamental to successful international transactions.
Note: Banking information may change. Verify details with the bank before conducting transactions.