SWIFT/BIC code ABIVZAJ1XXX
ABIVZAJ1XXX belongs to Abax Investments in Cape Town, South Africa.
Code details
| SWIFT/BIC code | ABIVZAJ1XXX |
|---|---|
| 8-character code | ABIVZAJ1 |
| Branch code | XXX |
| Bank | Abax Investments |
| Branch | Head office |
| City | Cape Town |
| Country | South Africa |
The way the Abax Investments SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- ABIV Bank code
- 4 letters that identify the bank.
- ZA Country code
- 2 letters for the country (ISO 3166).
- J1 Location code
- 2 characters for the city or region of the head office.
- XXX Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
What bank uses BIC ABIVZAJ1XXX?
ABIVZAJ1XXX identifies the headquarters of Abax Investments in Cape Town, South Africa. Use it when a payment to Abax Investments does not need a specific branch.
Which details do I need to send money to an account at Abax Investments?
You need the SWIFT/BIC code ABIVZAJ1XXX, the IBAN or local account number of the recipientand the name of the account holder. South Africa uses international SWIFT transfers, so always include the BIC.
What do the letters in ABIVZAJ1XXX stand for?
ABIV is the bank code of Abax Investments, ZA stands for South Africa, J1 is the location code and XXX marks the main office.
How long does it take to send money to Abax Investments?
A SWIFT payment usually takes 1–5 business days, because of correspondent banks and time zones. Specialist transfer services are often quicker than a bank.
What is the cheapest way to send money to Abax Investments in South Africa?
Banks often add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in South African Rand with specialist providers before you send – the difference can be large.
Is ABIVZAJ1 and ABIVZAJ1XXX the same code?
Yes, they are. ABIVZAJ1 is the short version of ABIVZAJ1XXX. XXX simply refers to the head office, so either version routes your payment to Abax Investments in Cape Town.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.