SWIFT/BIC code FRARPHM1XXX
FRARPHM1XXX belongs to First Agro-Industrial Rural Bank, Inc. (Fairbank) in Bogo City, Philippines.
Code details
| SWIFT/BIC code | FRARPHM1XXX |
|---|---|
| 8-character code | FRARPHM1 |
| Branch code | XXX |
| Bank | First Agro-Industrial Rural Bank, Inc. (Fairbank) |
| Branch | Head office |
| City | Bogo City |
| Country | Philippines |
How the First Agro-Industrial Rural Bank, Inc. (Fairbank) SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- FRAR Bank code
- 4 letters that identify the bank.
- PH Country code
- 2 letters for the country (ISO 3166).
- M1 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 is behind BIC FRARPHM1XXX?
FRARPHM1XXX is the SWIFT/BIC code of the main office of First Agro-Industrial Rural Bank, Inc. (Fairbank) in Bogo City, Philippines. It is the code to use when a payment to First Agro-Industrial Rural Bank, Inc. (Fairbank) does not need a specific branch.
What happens if I enter FRARPHM1XXX with a typo?
The payment may be delayed, returned or charged extra fees. Always check FRARPHM1XXX with the recipient before sending.
What is the cheapest way to send money to First Agro-Industrial Rural Bank, Inc. (Fairbank)?
Banks often add 1–3% to the exchange rate on top of a fee. Check the amount that arrives in Philippine Peso with transfer services before you send – the difference can be large.
How long does it take to send money to First Agro-Industrial Rural Bank, Inc. (Fairbank) in Philippines?
A SWIFT payment usually takes 1–5 business days, because of intermediary banks and cut-off times. Money transfer services are often quicker than a bank.
What do I need for a transfer to an account at First Agro-Industrial Rural Bank, Inc. (Fairbank)?
You need the SWIFT/BIC code FRARPHM1XXX, the IBAN or local account number of the recipientand the name of the account holder. Philippines is not part of SEPA, so always include the BIC.
What does each part of FRARPHM1XXX mean?
FRAR is the bank code of First Agro-Industrial Rural Bank, Inc. (Fairbank), PH stands for Philippines, M1 is the code for the city or region and XXX means the main office.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.