AL DAHAB EXCHANGE, SEED BIN ALI AL-QAIZI BUILDING, DUBAI, United Arab Emirates
| BIC Name / Bank name / Institution Name | AL DAHAB EXCHANGE |
| Bank Code / Institution Code | DMTI |
| Country | UNITED ARAB EMIRATES |
| Country Code (ISO 3166) | AE |
| City | DUBAI |
| City Code | AA 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 |
DMTIAEAA
|
| Swift Code / BIC Code 11 Characters | DMTIAEAAXXX Note:If Swift Code is of 8 Characters then suffix XXX for branch code in the Swift Code. |
| Address | SEED BIN ALI AL-QAIZI BUILDING |
| Zip Code / Postal Code | 43886 |
| Note: Before Transferring payment to the Bank Branch, confirm from the payment receiver, if the Bank Branch is Active | |
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| Whether Bank IBAN Compliant | Yes, AL DAHAB EXCHANGE, is IBAN Compliant. |
| Calculate United Arab Emirates IBAN Numbers | |
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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 AL DAHAB EXCHANGE the first four characters from left DMTI indicates that it is AL DAHAB EXCHANGE.
- Characters 5-6 from left in the SWIFT Code / BIC Code, depicts Country code of the bank. In the case of AL DAHAB EXCHANGE characters 5 and 6 from left AE indicates that bank is in UNITED ARAB EMIRATES. It means that all the banks located in UNITED ARAB EMIRATES will have AE 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 AL DAHAB EXCHANGE characters 7 and 8 from left AA indicates that bank is in DUBAI. It means that all the branches of AL DAHAB EXCHANGE located in DUBAI will have AA 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 AL DAHAB EXCHANGE the length of SWIFT Code is 8 Characters, means AL DAHAB EXCHANGE 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.