What is the 11-character version of ISFNLYLT?

The 8-character form is ISFNLYLT and the 11-character form is ISFNLYLTXXX. 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 ISFNLYLT a head office or a branch code?

ISFNLYLT identifies the head office of ISLAMIC FINANCE BANK.

ISFNLYLT

ISLAMIC FINANCE BANK, BIC/SWIFT Code Details

ISFNLYLT is the SWIFT/BIC code for ISLAMIC FINANCE BANK in Libya, Libya. It identifies the head office. The 8-character form is ISFNLYLT and the 11-character form is ISFNLYLTXXX.

Address: IFB BANK - GENERAL HEAD OFFICE, THIRD RING ROAD - GARYOUNIS, LEBANON NEIGHBORHOOD BENGHAZI, LIBYA

Analyze and plan cross-border transactions

Ohm reads your pacs.008, validates the beneficiary bank, checks the route and its correspondents, prepares the invoice and finds the right HS code.

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pacs.008.xml invoice.pdf

Can you analyze those documents?

Looks fine:

Beneficiary bank BIC and IBAN both check out
Payment route One correspondent, arrives next business day
Invoice Matches the amount and both parties
HS code Use 8471.30 for these goods, not ~~8473.30~~

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Correspondent Banks

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

Frequently asked questions

What bank does ISFNLYLT belong to?: ISFNLYLT is the SWIFT/BIC code for ISLAMIC FINANCE BANK in Libya, Libya.
Where is ISFNLYLT located?: The registered address on file for ISFNLYLT is IFB BANK - GENERAL HEAD OFFICE, THIRD RING ROAD - GARYOUNIS, LEBANON NEIGHBORHOOD BENGHAZI, LIBYA.
What is the 11-character version of ISFNLYLT?: The 8-character form is ISFNLYLT and the 11-character form is ISFNLYLTXXX. 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 ISFNLYLT a head office or a branch code?: ISFNLYLT identifies the head office of ISLAMIC FINANCE BANK.

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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.