SWIFT Code SBHQSARR Saudi Basic Industries Corporation (sabic Saudi Arabia

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) (also known as ISO 9362, SWIFT-BIC, BIC code, SWIFT ID or SWIFT code) is a standard format of Business Identifier Codes approved by the International Organization for Standardization (ISO). It is a unique identification code for both financial and non-financial institutions. (When assigned to a non-financial institution, a code may also be known as a Business Entity Identifier or BEI.) These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks. The codes can sometimes be found on account statements. SWIFT and BIC codes are basically the same.

The SWIFT code is 8 or 11 characters?

• SBHQ 4 letters: Institution Code or bank code. (Saudi Basic Industries Corporation (sabic)
• SA 2 letters: ISO 3166-1 alpha-2 country code (Saudi Arabia)
• RR 2 letters or digits: location code
• If the second character is "0", then it is typically a test BIC as opposed to a BIC used on the live network.
• If the second character is "1", then it denotes a passive participant in the SWIFT network
• If the second character is "2", then it typically indicates a reverse billing BIC, where the recipient pays for the message as opposed to the more usual mode whereby the sender pays for the message.
• last 3 letters or digits: branch code.
• Where an 8-digit code is given, it may be assumed that it refers to the primary office.

SWIFT Code Saudi Basic Industries Corporation (sabic Saudi Arabia

SWIFT Code Saudi Basic Industries Corporation (sabic used to Transfer fund to Internationl Saudi Basic Industries Corporation (sabics. SWIFTCode Saudi Basic Industries Corporation (sabic Saudi Arabia are provide the broadest coverage of national Saudi Basic Industries Corporation (sabic identifiers. SWIFT Code is identifying Saudi Basic Industries Corporation (sabic es in Saudi Arabia ([countryshor]). SWIFT Code of Saudi Basic Industries Corporation (sabic is unique for each in Saudi Arabia ([countryshor]). Saudi Basic Industries Corporation (sabic is located in Riyadh Riyadh, Saudi Arabia Saudi Arabia and Saudi Basic Industries Corporation (sabic The SWIFT code is SBHQSARR .