AL BARID BANK

Al Barid Bank (lit. 'Postal Bank') is a government-owned bank based in Casablanca, Morocco. It is the country's postal savings system and was licensed as a bank in 2010.

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AL BARID BANK SWIFT Code

ID
Country
City
Bank or Institution
SWIFT Code
1
Morocco
RABAT
/
ABBMMAMC
2
Morocco
CASABLANCA
/
ABBMMAMCXXX
  • Total: 2
  • 1

About AL BARID BANK

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    SWIFT代碼用於將國際金融交易轉至正確的銀行及支行，有助於不同銀行和國家之間資金順利準確轉移，確保正確、安全地進行交易。

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    Frequently Asked Questions

    1. Why does AL BARID BANK have different SWIFT Codes?

    AL BARID BANK operates differently across various countries, regions, and branches, with variations in business operations and clearing paths. To accurately identify and process AL BARID BANK's cross-border payments and other transactions, different SWIFT Codes are used for distinction. Many large multinational banks have unique SWIFT Codes to their headquarters, regional branches, and overseas subsidiaries to ensure precise and secure fund transactions.

    2. How do I know which SWIFT Code of AL BARID BANK to use in a transfer?

    It depends on the specific business scenario. For cross-border remittance to a branch of AL BARID BANK, you can log on to the official website of AL BARID BANK, or search the current page of XTransfer, or call AL BARID BANK to inquire about the SWIFT Code of the branch. For international business, you should first coordinate with the relevant branch in the target country and confirm the correct SWIFT Code based on the exact information provided by your business partner.

    3. Is there any pattern in the composition of different SWIFT Codes for a multinational bank like AL BARID BANK?

    Usually, SWIFT Code consists of 8 or 11 characters. For AL BARID BANK, the first 4 digits represent the bank code, which is the same for AL BARID BANK worldwide; the 5th and 6th digits are the country code; and the 7th and 8th digits are the region code, which will be different for branches in various regions. If the code includes 11 digits, the last 3 digits represent the branch code, which is used to distinguish different branches within the same region.

    4. Will the SWIFT Code for AL BARID BANK be updated or changed?

    Yes. When AL BARID BANK undergoes an organizational restructuring, such as a branch relocation, merger or split, or when there is a significant change in the financial system of the region where AL BARID BANK is located, its SWIFT Code may be updated and changed. AL BARID BANK will announce the changes in advance through its official website, mobile banking APP and other channels. Therefore, when handling cross-border business, customers should pay attention to the announcement of AL BARID BANK in time to confirm the latest SWIFT Code information, so as to avoid affecting the business.

    5. Do different SWIFT Codes of AL BARID BANK support the same scope of business?

    The scope of business is different. While the same bank can operate with different SWIFT Codes for the same basic types of business, there are differences for some specialized businesses or for businesses in specific regions. For example, the SWIFT Code of some branches may be specialized to support trade finance business, while the SWIFT Code of other branches is more convenient for cross-border e-commerce collection. In addition, for some emerging markets or country-specific business, only the SWIFT Code of a particular branch may have the authority to process it. When conducting international business, it is important to check whether the SWIFT Code of AL BARID BANK supports the corresponding business.