Where is SHMNETA2 located?

The registered address on file for SHMNETA2 is SALMA BUSINESS CENTER MAIN, STREET, SOMALI REGION JIJIGA / FAFEN, ETHIOPIA.

What is the 11-character version of SHMNETA2?

The 8-character form is SHMNETA2 and the 11-character form is SHMNETA2XXX. 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 SHMNETA2 a head office or a branch code?

SHMNETA2 identifies the head office of SAHAL MICROFINANCE INSTITUTION S.C..

SHMNETA2

SAHAL MICROFINANCE INSTITUTION S.C., BIC/SWIFT Code Details

SHMNETA2 is the SWIFT/BIC code for SAHAL MICROFINANCE INSTITUTION S.C. in Ethiopia, Ethiopia. It identifies the head office. The 8-character form is SHMNETA2 and the 11-character form is SHMNETA2XXX.

Address: SALMA BUSINESS CENTER MAIN, STREET, SOMALI REGION JIJIGA / FAFEN, ETHIOPIA

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.

Payment Tracking

To track a SWIFT cross-border payment to or from SAHAL MICROFINANCE INSTITUTION S.C., you need a UETR code, reference number, amount, payment date, and currency. This information is typically found in an MT103 form.

Get instant notifications

Create a free account to track payments and receive email alerts when status changes.

Frequently asked questions

What bank does SHMNETA2 belong to?: SHMNETA2 is the SWIFT/BIC code for SAHAL MICROFINANCE INSTITUTION S.C. in Ethiopia, Ethiopia.
Where is SHMNETA2 located?: The registered address on file for SHMNETA2 is SALMA BUSINESS CENTER MAIN, STREET, SOMALI REGION JIJIGA / FAFEN, ETHIOPIA.
What is the 11-character version of SHMNETA2?: The 8-character form is SHMNETA2 and the 11-character form is SHMNETA2XXX. 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 SHMNETA2 a head office or a branch code?: SHMNETA2 identifies the head office of SAHAL MICROFINANCE INSTITUTION S.C..

Use this data in your own systems

Everything on this page is also available from the Ohmyfin API: verify SWIFT/BIC codes, screen names against 300+ sanctions lists, and pull country banking rules. The public API needs no signup (3 requests a day per IP), and a free API key raises your limit.

Building an AI agent or assistant? llms.txt · OpenAPI spec

Get a free API key Read the API docs

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.