Bank of Africa Benin Simplifies SWIFT Codes for Global Transfers

This article provides a detailed analysis of the SWIFT code AFRIBJBJXXX for Bank of Africa Benin. It explains the structure and usage scenarios of SWIFT codes and offers practical methods for finding and verifying them. Furthermore, the article emphasizes important considerations for cross-border remittances, aiming to help readers conduct international money transfers more safely and efficiently. It covers key aspects related to sending money to Benin via SWIFT, ensuring a smoother and more secure transaction process.

Imagine needing to send money from abroad to a friend in Benin, only to face delays because you're unsure about the correct bank SWIFT code. This frustrating situation highlights the importance of understanding international banking identifiers. The SWIFT code, also known as BIC (Bank Identifier Code), serves as a unique address for financial institutions in global transactions.

For the Bank of Africa (BOA) Benin branch, using the correct SWIFT code ensures funds reach their destination accurately and efficiently. This comprehensive guide explains everything you need to know about BOA Benin's SWIFT codes and provides detailed instructions for cross-border transfers.

Bank of Africa Benin SWIFT Code Overview

The primary SWIFT/BIC code for Bank of Africa Benin is AFRIBJBJXXX . This alphanumeric sequence serves as the bank's unique identifier in the global financial network. However, it's important to note that BOA Benin might use different SWIFT codes for specific branches or services. Before initiating any international transfer, always verify the exact code with the recipient or directly with the bank to prevent delays or misdirected funds.

Understanding SWIFT Code Structure

SWIFT codes consist of 8 to 11 characters, each conveying specific information. Breaking down AFRIBJBJXXX:

AFRI : Bank code (Bank of Africa)
BJ : Country code (Benin)
BJ : Location code (typically represents Cotonou)
XXX : Branch code (indicates the main office when "XXX" appears)

When to Use AFRIBJBJXXX

This primary SWIFT code applies in these common scenarios:

Sending international transfers to BOA Benin accounts
When the recipient hasn't provided a specific branch code
For transactions processed through BOA Benin's head office
As a default code when no alternative is specified

Alternative Methods to Find BOA Benin SWIFT Codes

Besides the information provided here, you can locate the correct SWIFT code through:

Direct communication with the recipient
Contacting BOA Benin's customer service
Reputable online SWIFT code directories

Essential Considerations for International Transfers

Beyond the SWIFT code, successful cross-border transfers require attention to:

Precise recipient name and account number
Accurate transfer amount and currency
Proper description of the payment purpose
Potential intermediary bank fees
Standard processing timelines (typically 2-5 business days)

BOA Benin's Local Branch Network

While AFRIBJBJXXX serves as the primary code, BOA operates multiple branches throughout Benin. For optimal accuracy, confirm the specific SWIFT code of the recipient's branch before initiating transfers. The bank's official website or local branches can provide the most current branch-specific information.

Proper SWIFT code usage forms the foundation of successful international banking transactions. For Bank of Africa Benin, AFRIBJBJXXX represents the main identifier, though verifying branch-specific codes remains the best practice. Combined with accurate recipient details and proper transfer documentation, this knowledge enables secure and efficient cross-border payments.