International money transfers can be complex and stressful, especially when dealing with unfamiliar banking systems. This comprehensive guide provides authoritative information about the SWIFT codes for Uzbekistan's National Bank for Foreign Economic Activity, ensuring your cross-border transactions are smooth and secure.
Understanding SWIFT Codes
The SWIFT code (Society for Worldwide Interbank Financial Telecommunication code) serves as a unique identifier for financial institutions worldwide. These 8-11 character codes facilitate secure international transactions by precisely identifying recipient banks and their branches.
For Uzbekistan's National Bank for Foreign Economic Activity, the core SWIFT/BIC code is: NBFAUZ2XXXX . This code functions as the bank's international identifier, essential for all incoming foreign transactions.
When to Use NBFAUZ2XXXX
This primary SWIFT code applies to various transaction scenarios:
- International transfers to any account held at the National Bank of Uzbekistan
- Situations where the recipient hasn't provided a specific branch code
- Transactions processed through the bank's centralized payment system
- As a default option when branch-specific information is unavailable
Essential Verification Steps
While NBFAUZ2XXXX serves as the primary identifier, we strongly recommend these verification measures before initiating any transfer:
- Confirm the SWIFT code directly with the recipient
- Double-check all account details (account number, account holder name)
- Consult with your sending bank for any clarification
Bank Information Overview
| Bank Name | National Bank for Foreign Economic Activity of the Republic of Uzbekistan |
|---|---|
| SWIFT Code | NBFAUZ2XXXX |
| Address | Amir Temur Ave, 101, Yunusabad Dist |
| City | Tashkent |
| Country | Uzbekistan |
Optimizing Your Transfer Experience
To ensure successful transactions:
- Enter the SWIFT code precisely (consider copy-pasting to avoid errors)
- Provide complete recipient banking information
- Understand applicable transfer fees and exchange rates
- Select the appropriate transfer method based on urgency requirements
- Retain all transaction documentation
Security Considerations
International transfers involve certain risks that users should mitigate:
- Information security: Protect sensitive banking details and use secure networks
- Fraud prevention: Verify all payment requests through official channels
- Exchange rate volatility: Monitor currency fluctuations or consider rate-locking services
- Regulatory compliance: Stay informed about relevant financial regulations
Practical Applications
This information proves valuable for various transaction types:
- International students paying tuition fees
- Businesses conducting cross-border trade
- Individuals sending remittances to family members
- Investors managing overseas assets
Disclaimer
While we strive for accuracy, banking information may change. Always verify details with the relevant financial institutions before initiating transactions.