Where is ABSCETAA located?

The registered address on file for ABSCETAA is ZEQUALA COMPLEX BUILDING JOMMO KENYATTA ST. ADDIS ABABA 2455 2455 ETHIOPIA.

What is the 11-character version of ABSCETAA?

The 8-character form is ABSCETAA and the 11-character form is ABSCETAAXXX. A BIC ending in XXX refers to the head office. Banks that accept the 8-character form treat it as identical to the XXX form.

Is ABSCETAA a head office or a branch code?

ABSCETAA identifies the head office of ADDIS BANK S.C..

ABSCETAA

ADDIS BANK S.C., BIC/SWIFT Code Details

Formerly known as ADDIS INTERNATIONAL BANK S.C.

ABSCETAA is the SWIFT/BIC code for ADDIS BANK S.C. in Addis Abeba, Ethiopia. It identifies the head office. The 8-character form is ABSCETAA and the 11-character form is ABSCETAAXXX.

Address: ZEQUALA COMPLEX BUILDING JOMMO KENYATTA ST. ADDIS ABABA 2455 2455 ETHIOPIA

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Paying through ABSCETAA?Release the goods and the money knowing the deal holds up

Drop the invoice, packing list, bill of lading, certificate of origin and payment together. Before you ship or pay, you see the listed vessel, the controlled goods and the papers that disagree.

Sample deal: 5 documents, invented companies

Invoice

Packing list

Bill of lading

Certificate of origin

Payment

The papers disagree in 4 places

Needs a decision before you tradeThe vessel NORDIC HERON (IMO9277735) is on 7 sanctions lists, among them OFAC SDN and the EU list of Russia's shadow fleet.
Amount: the invoice says 48,600.00 EUR, the payment 46,800.00 EUR.

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Payment Instructions

General instructions for international payments to banks in ETHIOPIA:

Ensure remitter obtains all required bank information from the beneficiary such as SWIFT BIC, account number, and beneficiary bank address.FX payments can only be made to on-shore residents.The ordering customer must include account number, full name (no initials), and address in SWIFT MT103 F50. Use of initials can delay funds.The beneficiary customer must include account number, branch name, full name (no initials), and address in SWIFT MT103 F59. Use of initials can delay funds.The beneficiar ... y bank must include SWIFT BIC with branch identifier (if required), full name, and address in SWIFT MT103 F57. SWIFT BIC is 8 or 11 alphanumeric characters: xxxxETxx or xxxxETxxxxx.Purpose of payment is recommended in SWIFT MT103 F70. Read more

IBAN: No

Correspondent Banks

Standard Settlement Instructions (SSI) contain the list of correspondent banks for each currency.

Frequently asked questions

What bank does ABSCETAA belong to?: ABSCETAA is the SWIFT/BIC code for ADDIS BANK S.C. in Addis Abeba, Ethiopia.
Where is ABSCETAA located?: The registered address on file for ABSCETAA is ZEQUALA COMPLEX BUILDING JOMMO KENYATTA ST. ADDIS ABABA 2455 2455 ETHIOPIA.
What is the 11-character version of ABSCETAA?: The 8-character form is ABSCETAA and the 11-character form is ABSCETAAXXX. A BIC ending in XXX refers to the head office. Banks that accept the 8-character form treat it as identical to the XXX form.
Is ABSCETAA a head office or a branch code?: ABSCETAA identifies the head office of ADDIS BANK S.C..

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Disclaimers

We are doing our best to demystify cross-border payments, however Ohmyfin is not responsible for any delays or losses related to usage of the information and services from our web site. Please contact your banks to receive safe advice.