International money transfers carry inherent risks, with incorrect information potentially leading to delayed or lost funds. For individuals and businesses sending money to Albania or specifically to Fibank (First Investment Bank Albania), understanding the correct SWIFT/BIC code is crucial for secure and efficient transactions.
Fibank Albania's Primary SWIFT/BIC Code: FINVALTRXXX
The primary SWIFT/BIC code for Fibank Albania is FINVALTRXXX . This unique identifier serves as the bank's international "passport" for financial transactions. Key details include:
- Bank Name: First Investment Bank-Albania Sh.A
- SWIFT Code: FINVALTRXXX
- Bank Address: Twin Towers No.2, Blvd.Deshmoret e Kombit
- City: Tirana
- Country: Albania
When to Use FINVALTRXXX
This primary SWIFT code should be used in these situations:
- When sending international transfers to Fibank Albania accounts
- When the recipient hasn't provided a specific branch code
- For transactions processed through the bank's headquarters
- When using a universally recognized standard identifier
Branch-Specific Codes for Precision
While FINVALTRXXX serves as the general code, Fibank Albania may maintain additional SWIFT codes for specific branches or services. Using the precise branch code can potentially expedite processing and reduce errors. Recipients should verify their specific branch code when possible, or senders may contact Fibank Albania directly for confirmation.
Completing Transfer Information Accurately
To ensure successful international transfers to Fibank Albania accounts, these details must be provided correctly:
- SWIFT/BIC Code: The most critical element requiring verification
- Recipient Account Number: Complete accuracy prevents failed transfers
- Recipient Name and Address: Must match bank records exactly
- Transfer Amount and Currency: Should align with recipient requirements
- Payment Reference (if applicable): May include purpose of transfer
Preventing Transfer Delays
Beyond accurate information, these practices help avoid processing delays:
- Select established, reputable transfer services
- Compare fees and exchange rates across providers
- Note daily cutoff times for same-day processing
- Retain transaction documentation for reference
Security Considerations for International Transfers
Financial institutions emphasize vigilance against fraud during international transfers. Recipients should only provide banking details through secure channels, and senders should verify all transfer requests through established communication methods.
Understanding and correctly applying SWIFT codes remains fundamental to successful international banking. For Fibank Albania transactions, proper use of the FINVALTRXXX code or appropriate branch identifiers, combined with meticulous attention to transfer details, helps ensure efficient and secure movement of funds.