SWIFT/BIC code BAYTKWK1XXX
BAYTKWK1XXX belongs to Bayt Al Mal Investment Company in Safat, Kuwait.
Code details
| SWIFT/BIC code | BAYTKWK1XXX |
|---|---|
| 8-character code | BAYTKWK1 |
| Branch code | XXX |
| Bank | Bayt Al Mal Investment Company |
| Branch | Head office |
| City | Safat |
| Country | Kuwait |
How the Bayt Al Mal Investment Company SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- BAYT Bank code
- 4 letters that identify the bank.
- KW Country code
- 2 letters for the country (ISO 3166).
- K1 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 code BAYTKWK1XXX?
The code BAYTKWK1XXX belongs to the head office of Bayt Al Mal Investment Company in Safat, Kuwait. Use it when a payment to Bayt Al Mal Investment Company does not need a specific branch.
Is BAYTKWK1 and BAYTKWK1XXX the same code?
Yes, they are. BAYTKWK1 is the 8-character version of BAYTKWK1XXX. XXX simply refers to the head office, so both routes your payment to Bayt Al Mal Investment Company in Safat.
What happens if I enter BAYTKWK1XXX incorrectly?
Your transfer can bounce, get stuck or cost extra. Double-check BAYTKWK1XXX against the details from Bayt Al Mal Investment Company before you confirm.
What does each part of BAYTKWK1XXX stand for?
BAYT is the institution code of Bayt Al Mal Investment Company, KW stands for Kuwait, K1 is the code for the city or region and XXX means the main office.
What do I need to send money to an account at Bayt Al Mal Investment Company?
You need the SWIFT/BIC code BAYTKWK1XXX, the account number or IBAN of the recipientand the name of the account holder. Kuwait uses international SWIFT transfers, so always include the BIC.
How long does a transfer to Bayt Al Mal Investment Company take?
A SWIFT payment typically takes 1–5 business days, depending on correspondent banks and time zones. Money transfer services are often quicker and cheaper.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.