SWIFT/BIC code DESFZAJMXXX
DESFZAJMXXX belongs to Development Bank of Southern Africa Limited in Midrand, South Africa.
Code details
| SWIFT/BIC code | DESFZAJMXXX |
|---|---|
| 8-character code | DESFZAJM |
| Branch code | XXX |
| Bank | Development Bank of Southern Africa Limited |
| Branch | Head office |
| City | Midrand |
| Country | South Africa |
The way the Development Bank of Southern Africa Limited SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- DESF Bank code
- 4 letters that identify the bank.
- ZA Country code
- 2 letters for the country (ISO 3166).
- JM 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 institution uses BIC DESFZAJMXXX?
DESFZAJMXXX is the SWIFT/BIC code of the headquarters of Development Bank of Southern Africa Limited in Midrand, South Africa. It is the code to use when a payment to Development Bank of Southern Africa Limited does not need a specific branch.
What is the best way to send money to Development Bank of Southern Africa Limited?
Many banks add 1–3% to the exchange rate on top of a fee. Check what you receive in South African Rand with specialist providers before you send.
Is DESFZAJM and DESFZAJMXXX the same code?
Yes, they are. DESFZAJM is the 8-character version of DESFZAJMXXX. The XXX at the end only means head office, so either version will reach Development Bank of Southern Africa Limited in Midrand.
What do I need for a transfer to an account at Development Bank of Southern Africa Limited?
Have ready the SWIFT/BIC code DESFZAJMXXX, the IBAN or local account number of the recipientand the name of the account holder. South Africa is not part of SEPA, so always include the BIC.
What do the letters in DESFZAJMXXX mean?
DESF is the bank code of Development Bank of Southern Africa Limited, ZA is the ISO code of South Africa, JM is the location code and XXX marks the head office.
How long does a transfer to Development Bank of Southern Africa Limited take in South Africa?
A SWIFT payment usually takes 2–5 business days, depending on correspondent banks and time zones. Money transfer services are often faster and cheaper.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.