Where is SYSMYESA located?

The registered address on file for SYSMYESA is SHARQ YEMENI BK BLDG FL2 SABA ST, MARIB YEMEN.

What is the 11-character version of SYSMYESA?

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

SYSMYESA identifies the head office of SHARQ YEMENI BANK FOR ISLAMIC, MICROFINANCE.

SYSMYESA

SHARQ YEMENI BANK FOR ISLAMIC, MICROFINANCE, BIC/SWIFT Code Details

SYSMYESA is the SWIFT/BIC code for SHARQ YEMENI BANK FOR ISLAMIC, MICROFINANCE in Yemen. It identifies the head office. The 8-character form is SYSMYESA and the 11-character form is SYSMYESAXXX.

Address: SHARQ YEMENI BK BLDG FL2 SABA ST, MARIB YEMEN

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 SYSMYESA belong to?: SYSMYESA is the SWIFT/BIC code for SHARQ YEMENI BANK FOR ISLAMIC, MICROFINANCE in Yemen.
Where is SYSMYESA located?: The registered address on file for SYSMYESA is SHARQ YEMENI BK BLDG FL2 SABA ST, MARIB YEMEN.
What is the 11-character version of SYSMYESA?: The 8-character form is SYSMYESA and the 11-character form is SYSMYESAXXX. 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 SYSMYESA a head office or a branch code?: SYSMYESA identifies the head office of SHARQ YEMENI BANK FOR ISLAMIC, MICROFINANCE.

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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.