BANQUE EXTERIEURE D'ALGERIE, BIC/SWIFT Code Details
Branch name: AGENCE ORAN
Address: 48 RUE DES FRERES BOUADOU BIR, MOURAD RAIS - ALGER 16000, ALGERIA
General instructions for international payments to banks in ALGERIA:
Overview: 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). As of September 2019, Payments to individuals cannot be made in DZD. Any DZD wire or FX ACH payment to individuals will result in a rejection. Country Requirements/Restrictions: Payment Restrictions: Any payment flows to individual beneficiaries (B2P and P2P) must be pre-approved onshore before the trade is bo ... oked. Formatting Rules for DZD: 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 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: xxxxDZxx or xxxxDZxxxxx. Beneficiary Customer (SWIFT MT103 F59): Include account number, full name (no initials) and address of the beneficiary customer. Use of initials may delay receipt of funds by the beneficiary. As best practice, format account numbers for beneficiaries with accounts in Algeria according to the below specifications whenever possible. Reason for Payment (SWIFT MT103 F70): Purpose of payment is recommended. For invoices, the reason for the invoice must be indicated (e.g. invoice for health services). Additional Information: The local market is closed on Fridays. Read more
IBAN: No
Standard Settlement Instructions (SSI) contain the list of correspondent banks for each currency.
To track a SWIFT cross-border payment to or from BANQUE EXTERIEURE D'ALGERIE, you need a UETR code, reference number, amount, payment date, and currency. This information is typically found in an MT103 form.
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 a safe advise. BANQUE EXTERIEURE D'ALGERIE may be a registered trademark or intellectual property owned by their respective holder. Their inclusion in this catalog is for informational purposes only and does not imply any affiliation, endorsement, or sponsorship. All rights to such trademarks are reserved by their respective owners.