RASHEED BANK, COMMERCIAL CREDIT BRANCH NO. 506 AQABA BIN NAFEE SQUARE, BAGHDAD, Iraq
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| BIC Name / Bank name / Institution Name | RASHEED BANK |
| Bank Code / Institution Code | RDBA |
| 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 | COMMERCIAL CREDIT BRANCH NO. 506 |
| Branch Code | 0B3 |
| Swift Code / BIC Code |
RDBAIQB10B3
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| Address | AQABA BIN NAFEE 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, RASHEED BANK, 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 RASHEED BANK the first four characters from left RDBA indicates that it is RASHEED BANK.
- Characters 5-6 from left in the SWIFT Code / BIC Code, depicts Country code of the bank. In the case of RASHEED BANK 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 RASHEED BANK characters 7 and 8 from left B1 indicates that bank is in BAGHDAD. It means that all the branches of RASHEED BANK 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 RASHEED BANK characters 9 - 11 from left 0B3 indicates branch code. It means that RASHEED BANK Branch code: 0B3 is used for branches located at :AQABA BIN NAFEE SQUARE. If XXX are in 9-11 place then it means that it is the Head Office of Bank / 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.