Chad: SWIFT/BIC Codes & Payment Info

Information provided by the Beneficiary: Remitter should obtain all required bank information from the Beneficiary (e.g. SWIFT BIC, account number, and beneficiary bank address).

Country Requirements/Restrictions: Additional supporting documentation may be required from the beneficiary.

Payment Formatting Rules for XAF:

• Ordering Customer (SWIFT MT103 F50): Include account number, full name (no initials), and address of the ordering customer. Use of initials can delay receipt of funds by the beneficiary.
• Beneficiary Customer (SWIFT MT103 F59): Include account number, full name (no initials), address and telephone number of the beneficiary customer. Use of initials may delay receipt of funds by the beneficiary.
• Account numbers should be 23 digits. The RIB code consists of the 5-digit bank code + 5-digit branch code + 11-digit account number + 2-digit key.
• Beneficiary Bank (SWIFT MT103 F57): Include SWIFT BIC with branch identifier, full name, and address of the beneficiary bank. SWIFT BIC is 8 or 11 alphanumeric characters: xxxxTDxx or xxxxTDxxxxx.
• Reason for Payment (SWIFT MT103 F70): Purpose of payment is recommended.

Additional Information: This country is a member of the Bank of Central African States. XAF is a zero-decimal currency.