SWIFT/BIC code AKCOTZTZXXX
AKCOTZTZXXX belongs to Akiba Commercial Bank PLC in Dar Es Salaam, Tanzania.
Code details
| SWIFT/BIC code | AKCOTZTZXXX |
|---|---|
| 8-character code | AKCOTZTZ |
| Branch code | XXX |
| Bank | Akiba Commercial Bank PLC |
| Branch | Head office |
| City | Dar Es Salaam |
| Country | Tanzania |
How the Akiba Commercial Bank PLC SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- AKCO Bank code
- 4 letters that identify the bank.
- TZ Country code
- 2 letters for the country (ISO 3166).
- TZ 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 AKCOTZTZXXX?
AKCOTZTZXXX is the SWIFT/BIC code of the main office of Akiba Commercial Bank PLC in Dar Es Salaam, Tanzania. It is the code to use when you send money to an account at Akiba Commercial Bank PLC.
Does Akiba Commercial Bank PLC use a single SWIFT/BIC code?
Yes – AKCOTZTZXXX is the single SWIFT/BIC code we have for Akiba Commercial Bank PLC in Tanzania, so you do not need to pick a branch code.
How long does a transfer to Akiba Commercial Bank PLC take?
A SWIFT payment typically takes 2–5 business days, depending on correspondent banks and time zones. Money transfer services are often faster than a bank.
Are AKCOTZTZ and AKCOTZTZXXX the same SWIFT code?
Yes. AKCOTZTZ is the short version of AKCOTZTZXXX. The XXX at the end only means head office, so either version will reach Akiba Commercial Bank PLC in Dar Es Salaam.
What is the cheapest way to send money to Akiba Commercial Bank PLC?
Many banks add several percent to the exchange rate on top of a fee. Compare what you receive in Tanzania with specialist providers before you send – the difference can be large.
What happens if I enter AKCOTZTZXXX incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check AKCOTZTZXXX with the recipient before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.