SWIFT/BIC code CBERERAIXXX
CBERERAIXXX belongs to Commercial Bank of Eritrea in Asmara, Eritrea.
Code details
| SWIFT/BIC code | CBERERAIXXX |
|---|---|
| 8-character code | CBERERAI |
| Branch code | XXX |
| Bank | Commercial Bank of Eritrea |
| Branch | Head office |
| City | Asmara |
| Country | Eritrea |
The way the Commercial Bank of Eritrea SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- CBER Bank code
- 4 letters that identify the bank.
- ER Country code
- 2 letters for the country (ISO 3166).
- AI 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 BIC CBERERAIXXX?
CBERERAIXXX identifies the headquarters of Commercial Bank of Eritrea in Asmara, Eritrea. It is the code to use when a payment to Commercial Bank of Eritrea does not need a specific branch.
What happens if I enter CBERERAIXXX with a typo?
The payment may be delayed, returned or charged extra fees. Always check CBERERAIXXX with the recipient before you confirm.
How long does a transfer to Commercial Bank of Eritrea take?
An international SWIFT transfer typically takes 2–5 business days, depending on intermediary banks and cut-off times. Specialist transfer services are often faster than a bank.
What do the letters in CBERERAIXXX mean?
CBER is the institution code of Commercial Bank of Eritrea, ER is the ISO code of Eritrea, AI is the location code and XXX marks the main office.
What do I need to send money to an account at Commercial Bank of Eritrea?
Have ready the SWIFT/BIC code CBERERAIXXX, the account number or IBAN of the recipient, their full name and address. Eritrea uses international SWIFT transfers, so the BIC is required.
What is the best way to send money to Commercial Bank of Eritrea in Eritrea?
Banks often add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Eritrea 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.