JOINT DEVELOPMENT BANK, BIC/SWIFT Code Details
Address: 82 LANEXANG AVE VIENTIANE 3187, LAO PEOPLE'S DEMOCRATIC, REPUBLIC
General instructions for international payments to banks in LAOS:
Information provided by the Beneficiary: Remitter should obtain all required bank information from the Beneficiary, such as SWIFT BIC, account number, and beneficiary bank address.Central Bank: For additional information, refer to www.bol.gov.la.Payment Restrictions: All foreign exchange earnings must be deposited in a local account.Account Restrictions: Residents can maintain foreign exchange accounts. Accounts can’t be opened abroad except where deemed necessary.Payment Formatting Rules for LA ... LAK: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), and full address of the beneficiary customer. Use of initials may delay receipt of funds by the beneficiary.Beneficiary Bank (SWIFT MT103 F57): Include SWIFT BIC with branch identifier (where required), full name, and address of the beneficiary bank. SWIFT BIC is 8 or 11 alphanumeric characters: 'xxxxLAxx' or 'xxxxLAxxxxx'.Reason for Payment (SWIFT MT103 F70): Purpose of payment is recommended.Additional Information: This is a zero decimal currency and therefore does not have cents. 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 JOINT DEVELOPMENT BANK, 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. JOINT DEVELOPMENT BANK 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.