ARAB BANK PLC, CENTRAL OPERATIONS UNIT, TRADE FINANCE SERVICES ARAB BANK REGIONAL MANAGEMENT, RAMALLAH, Palestinian Territory
| BIC Name / Bank name / Institution Name | ARAB BANK PLC |
| Bank Code / Institution Code | ARAB |
| Country | PALESTINIAN TERRITORY |
| Country Code (ISO 3166) | PS |
| City | RAMALLAH |
| City Code | 22 The City Code are Institution Specific, different BIC has allotted different City Code for same city. |
| Office Type | CENTRAL OPERATIONS UNIT, TRADE FINANCE SERVICES |
| Branch Code | COU |
| Swift Code / BIC Code |
ARABPS22COU
|
| Address | ARAB BANK REGIONAL MANAGEMENT |
| Zip Code / Postal Code | 1476 |
| 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, ARAB BANK PLC, 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 ARAB BANK PLC the first four characters from left ARAB indicates that it is ARAB BANK PLC.
- Characters 5-6 from left in the SWIFT Code / BIC Code, depicts Country code of the bank. In the case of ARAB BANK PLC characters 5 and 6 from left PS indicates that bank is in PALESTINIAN TERRITORY. It means that all the banks located in PALESTINIAN TERRITORY will have PS 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 ARAB BANK PLC characters 7 and 8 from left 22 indicates that bank is in RAMALLAH. It means that all the branches of ARAB BANK PLC located in RAMALLAH will have 22 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 ARAB BANK PLC characters 9 - 11 from left COU indicates branch code. It means that ARAB BANK PLC Branch code: COU is used for branches located at :ARAB BANK REGIONAL MANAGEMENT. 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.