RASHEED BANK, AL-RUSAFI BRANCH 505 AL-JUMHURIYAH STREET, BAGHDAD, Iraq

SWIFT CODE :RDBAIQB10B2RASHEED BANK AL-RUSAFI BRANCH 505 BAGHDAD, IRAQ

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	AL-RUSAFI BRANCH 505
Branch Code	0B2
Swift Code / BIC Code	RDBAIQB10B2
Address	AL-JUMHURIYAH STREET
Zip Code / Postal Code
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, RASHEED BANK, is IBAN Compliant.
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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 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 0B2 indicates branch code. It means that RASHEED BANK Branch code: 0B2 is used for branches located at :AL-JUMHURIYAH STREET. 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.