BASRAH INTERNATIONAL BANK FOR INVESTMENT, Primary Office Al Tahariyat Square, BAGHDAD, Iraq
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| BIC Name / Bank name / Institution Name | BASRAH INTERNATIONAL BANK FOR INVESTMENT |
| Bank Code / Institution Code | BIBI |
| Country | IRAQ |
| Country Code (ISO 3166) | IQ |
| City | BAGHDAD |
| City Code | B1 The City Code are Institution Specific, different BIC has allotted different City Code for same city. |
| Office Type | Primary Office / Head Office / Main Office |
| Branch Code | XXX |
| Swift Code / BIC Code |
BIBIIQB1
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| Swift Code / BIC Code 11 Characters | BIBIIQB1XXX Note:If Swift Code is of 8 Characters then suffix XXX for branch code in the Swift Code. |
| Address | Al Tahariyat Square |
| Zip Code / Postal Code | |
| Note: Before Transferring payment to the Bank Branch, confirm from the payment receiver, if the Bank Branch is Active | |
| View Location on Google Map | |
| Whether Bank IBAN Compliant | Yes, BASRAH INTERNATIONAL BANK FOR INVESTMENT, is IBAN Compliant. |
| Calculate Iraq IBAN Numbers | |
| Validate Iraq IBAN Numbers | |
| Save on International Payment Transfers | |
What is a SWIFT Code / BIC code?
Business Identifier Codes (BIC) has been developed by Society for Worldwide Interbank Financial Telecommunication (SWIFT) to identify banks and financial institutions globally. That is why BIC Codes are also known as SWIFT Codes.SWIFT Codes / BIC Codes are used for transferring money between banks of different countries or SEPA payments. Banks also use these codes for exchanging financial messages.
SWIFT Code / BIC Code is formed of 8 or 11 characters in following system:
- First four characters in the SWIFT Code / BIC Code from left depicts bank code. In the case of BASRAH INTERNATIONAL BANK FOR INVESTMENT the first four characters from left BIBI indicates that it is BASRAH INTERNATIONAL BANK FOR INVESTMENT.
- Characters 5-6 from left in the SWIFT Code / BIC Code, depicts Country code of the bank. In the case of BASRAH INTERNATIONAL BANK FOR INVESTMENT characters 5 and 6 from left IQ indicates that bank is in IRAQ. It means that all the banks located in IRAQ will have IQ at 5th and 6th place from left in their Swift Codes / BIC Codes.
- Characters 7-8 from left in the SWIFT Code / BIC Code, depicts City Code of the Bank. In the case of BASRAH INTERNATIONAL BANK FOR INVESTMENT characters 7 and 8 from left B1 indicates that bank is in BAGHDAD. It means that all the branches of BASRAH INTERNATIONAL BANK FOR INVESTMENT located in BAGHDAD will have B1 at 7th and 8th place from left in their Swift Codes / BIC Codes.
- Characters 9-11 from left in the SWIFT Code / BIC Code, depicts Branch Code of the Bank.In the case of BASRAH INTERNATIONAL BANK FOR INVESTMENT the length of SWIFT Code is 8 Characters, means BASRAH INTERNATIONAL BANK FOR INVESTMENT Head Office of the Financial Institution.
- Many Banks has taken only one SWIFT Code per country or have one SWIFT Code per city, for processing International Payments of all the Branches of the country / city through SWIFT enabled branch. So, if your Bank Branch is not depicting in the list, contact your Bank Branch for the SWIFT Code transactions.