SWIFT/BIC code BIBIIQB1XXX
BIBIIQB1XXX belongs to Basrah International Bank For Investment in Baghdad, Iraq.
Code details
| SWIFT/BIC code | BIBIIQB1XXX |
|---|---|
| 8-character code | BIBIIQB1 |
| Branch code | XXX |
| Bank | Basrah International Bank For Investment |
| Branch | Head office |
| City | Baghdad |
| Country | Iraq |
The way the Basrah International Bank For Investment SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- BIBI Bank code
- 4 letters that identify the bank.
- IQ Country code
- 2 letters for the country (ISO 3166).
- B1 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
Which bank uses SWIFT code BIBIIQB1XXX?
BIBIIQB1XXX is the SWIFT/BIC code of the head office of Basrah International Bank For Investment in Baghdad, Iraq. It is the code to use when a payment to Basrah International Bank For Investment does not need a specific branch.
What happens if I use BIBIIQB1XXX with a typo?
The payment may be delayed, returned or charged extra fees. Always check BIBIIQB1XXX against the details from Basrah International Bank For Investment before you confirm.
Does Basrah International Bank For Investment use a single SWIFT/BIC code?
Yes, BIBIIQB1XXX is the single SWIFT/BIC code we have for Basrah International Bank For Investment in Iraq, so you do not need to pick a branch code.
How long does a transfer to Basrah International Bank For Investment take?
A SWIFT payment usually takes 2–5 business days, because of intermediary banks and cut-off times. Specialist transfer services are often faster and cheaper.
Are BIBIIQB1 and BIBIIQB1XXX the same code?
Yes. BIBIIQB1 is the 8-character version of BIBIIQB1XXX. The XXX at the end only refers to the head office, so both will reach Basrah International Bank For Investment in Baghdad.
What do I need to send money to an account at Basrah International Bank For Investment?
Have ready the SWIFT/BIC code BIBIIQB1XXX, the IBAN or local account number of the recipientand the name of the account holder. Iraq uses international SWIFT transfers, so the BIC is required.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.