SWIFT/BIC code CDBLLYLT111
CDBLLYLT111 belongs to Bank of Commerce and Development (L.j.s.c.) in Benghazi, Libya.
Code details
| SWIFT/BIC code | CDBLLYLT111 |
|---|---|
| 8-character code | CDBLLYLT |
| Branch code | 111 |
| Bank | Bank of Commerce and Development (L.j.s.c.) |
| Branch | El Fohit Agency |
| City | Benghazi |
| Country | Libya |
How the Bank of Commerce and Development (L.j.s.c.) SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- CDBL Bank code
- 4 letters that identify the bank.
- LY Country code
- 2 letters for the country (ISO 3166).
- LT Location code
- 2 characters for the city or region of the head office.
- 111 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/BIC code CDBLLYLT111?
The code CDBLLYLT111 belongs to El Fohit Agency, a branch or department of Bank of Commerce and Development (L.j.s.c.) in Benghazi, Libya. Only use it if the recipient or their bank explicitly asks for it.
What is the cheapest way to send money to Bank of Commerce and Development (L.j.s.c.)?
Many banks add 1–3% to the exchange rate on top of a fee. Check what you receive in Libya with transfer services before you send – the difference can be large.
How long does it take to send money to Bank of Commerce and Development (L.j.s.c.) in Libya?
An international SWIFT transfer usually takes 1–5 business days, depending on correspondent banks and time zones. Money transfer services are often faster and cheaper.
What do the letters in CDBLLYLT111 stand for?
CDBL is the institution code of Bank of Commerce and Development (L.j.s.c.), LY stands for Libya, LT is the location code and 111 is the code of the branch El Fohit Agency.
What do I need for a transfer to an account at Bank of Commerce and Development (L.j.s.c.)?
You need the SWIFT/BIC code CDBLLYLT111, the account number or IBAN of the recipient, their full name and address. Libya uses international SWIFT transfers, so the BIC is required.
Can I use CDBLLYLT instead of CDBLLYLT111?
CDBLLYLT is the head office of Bank of Commerce and Development (L.j.s.c.), while CDBLLYLT111 points to El Fohit Agency. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention CDBLLYLT111.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.