SAUDI ECONOMIC AND DEVELOPMENT COMPANY FOR SECURITIES, Primary Office Red Sea Mall South Tower Floor 2 King Abdulaziz Road, JEDDAH, Saudi Arabia
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| BIC Name / Bank name / Institution Name | SAUDI ECONOMIC AND DEVELOPMENT COMPANY FOR SECURITIES |
| Bank Code / Institution Code | SEDP |
| Country | SAUDI ARABIA |
| Country Code (ISO 3166) | SA |
| City | JEDDAH |
| City Code | JE 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 |
SEDPSAJE
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| Swift Code / BIC Code 11 Characters | SEDPSAJEXXX Note:If Swift Code is of 8 Characters then suffix XXX for branch code in the Swift Code. |
| Address | Red Sea Mall South Tower Floor 2 King Abdulaziz Road |
| Zip Code / Postal Code | 21491 |
| 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, SAUDI ECONOMIC AND DEVELOPMENT COMPANY FOR SECURITIES, is IBAN Compliant. |
| Calculate Saudi Arabia IBAN Numbers | |
| Validate Saudi Arabia 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 SAUDI ECONOMIC AND DEVELOPMENT COMPANY FOR SECURITIES the first four characters from left SEDP indicates that it is SAUDI ECONOMIC AND DEVELOPMENT COMPANY FOR SECURITIES.
- Characters 5-6 from left in the SWIFT Code / BIC Code, depicts Country code of the bank. In the case of SAUDI ECONOMIC AND DEVELOPMENT COMPANY FOR SECURITIES characters 5 and 6 from left SA indicates that bank is in SAUDI ARABIA. It means that all the banks located in SAUDI ARABIA will have SA 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 SAUDI ECONOMIC AND DEVELOPMENT COMPANY FOR SECURITIES characters 7 and 8 from left JE indicates that bank is in JEDDAH. It means that all the branches of SAUDI ECONOMIC AND DEVELOPMENT COMPANY FOR SECURITIES located in JEDDAH will have JE 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 SAUDI ECONOMIC AND DEVELOPMENT COMPANY FOR SECURITIES the length of SWIFT Code is 8 Characters, means SAUDI ECONOMIC AND DEVELOPMENT COMPANY FOR SECURITIES 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.