International money transfers require precision, and nothing causes more anxiety than uncertainty about SWIFT codes. A single incorrect character can lead to delayed funds, additional fees, or even failed transactions. This comprehensive guide provides everything you need to know about Bank of Africa Niger's SWIFT codes for seamless international transfers.
Primary SWIFT/BIC Code: AFRINENIXXX
Bank of Africa Niger's primary SWIFT/BIC code is AFRINENIXXX . This standardized identifier serves as the bank's international "passport," ensuring accurate routing of cross-border payments to the correct financial institution.
Understanding SWIFT Codes
SWIFT (Society for Worldwide Interbank Financial Telecommunication) codes, also known as BIC (Bank Identifier Codes), represent the global standard for secure financial messaging between banks. These codes function like international postal codes for financial institutions, enabling efficient and accurate fund transfers across borders.
When to Use AFRINENIXXX
The primary SWIFT code applies in these common scenarios:
- International transfers to Bank of Africa Niger: The standard code ensures funds reach the recipient's account.
- Absence of branch-specific codes: When recipients only provide the bank name without branch details, the primary code serves as a reliable default.
- Centralized payment processing: Many banks route all international transactions through their headquarters, making the primary code sufficient.
- General reference: When branch-specific information proves unavailable, AFRINENIXXX provides a widely accepted solution.
Branch-Specific Codes: Verification Essential
While AFRINENIXXX serves as the main identifier, Bank of Africa Niger operates multiple branches that may use distinct codes. To prevent transfer issues:
- Confirm with recipients: Always request the specific SWIFT code from the account holder.
- Contact the bank directly: When unable to reach recipients, bank representatives can provide accurate branch codes.
Locating Branch Codes
Reliable sources for branch-specific SWIFT information include:
- The bank's official website (typically under "Contact" or "Branch Locator" sections)
- Recipient's bank statements, which usually display the complete SWIFT code
- Bank customer service, which can verify codes when provided with account details
Consequences of Incorrect SWIFT Codes
Using wrong identifiers may result in:
- Processing delays: Banks require additional time to investigate misrouted transfers.
- Extra charges: Financial institutions often impose fees for correcting erroneous transactions.
- Failed transfers: In severe cases, funds may return to the sender, requiring restarting the process.
Bank of Africa Niger Headquarters Information
Bank Name:
BANK OF AFRICA NIGER
SWIFT Code:
AFRINENIXXX
Address:
IMMEUBLE SONARA II, RUE DU GAWEYE
City:
NIAMEY
Country:
NIGER
International Transfer Best Practices
- Double-check all recipient details including name, account number, and bank information
- Retain transaction receipts for future reference
- Compare transfer fees across different service providers
- Select reputable money transfer channels for security
With this information, international transfers to Bank of Africa Niger become straightforward. While AFRINENIXXX serves as the primary code, always verify branch-specific details when available for optimal transaction security and efficiency.