SWIFT/BIC code AFEDKWKWXXX
AFEDKWKWXXX belongs to Arab Fund For Economic and Social Development in Kuwait, Kuwait.
Code details
| SWIFT/BIC code | AFEDKWKWXXX |
|---|---|
| 8-character code | AFEDKWKW |
| Branch code | XXX |
| Bank | Arab Fund For Economic and Social Development |
| Branch | Head office |
| City | Kuwait |
| Country | Kuwait |
How the Arab Fund For Economic and Social Development SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- AFED Bank code
- 4 letters that identify the bank.
- KW Country code
- 2 letters for the country (ISO 3166).
- KW 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 is behind SWIFT/BIC code AFEDKWKWXXX?
The code AFEDKWKWXXX belongs to the headquarters of Arab Fund For Economic and Social Development in Kuwait, Kuwait. Use it when you send money to an account at Arab Fund For Economic and Social Development.
How long does a transfer to Arab Fund For Economic and Social Development take in Kuwait?
An international SWIFT transfer usually takes 1–5 business days, depending on intermediary banks and cut-off times. Specialist transfer services are often quicker and cheaper.
Which details do I need for a transfer to an account at Arab Fund For Economic and Social Development?
You need the SWIFT/BIC code AFEDKWKWXXX, the IBAN or local account number of the recipientand the name of the account holder. Kuwait is not part of SEPA, so always include the BIC.
What does each part of AFEDKWKWXXX mean?
AFED is the institution code of Arab Fund For Economic and Social Development, KW is the ISO code of Kuwait, KW is the location code and XXX means the main office.
What happens if I enter AFEDKWKWXXX incorrectly?
The payment may be delayed, returned or charged extra fees. Always check AFEDKWKWXXX against the details from Arab Fund For Economic and Social Development before sending.
What is the best way to send money to Arab Fund For Economic and Social Development?
Banks often add 1–3% to the exchange rate on top of a fee. Check what you receive in Kuwait with transfer services before you send – the difference can be large.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.