SWIFT/BIC code IDBQIQBAXXX
IDBQIQBAXXX belongs to International Development Bank For Investment and Finance in Baghdad, Iraq.
Code details
| SWIFT/BIC code | IDBQIQBAXXX |
|---|---|
| 8-character code | IDBQIQBA |
| Branch code | XXX |
| Bank | International Development Bank For Investment and Finance |
| Branch | Head office |
| City | Baghdad |
| Country | Iraq |
How the International Development Bank For Investment and Finance SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- IDBQ Bank code
- 4 letters that identify the bank.
- IQ Country code
- 2 letters for the country (ISO 3166).
- BA 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
What bank uses SWIFT code IDBQIQBAXXX?
IDBQIQBAXXX identifies the headquarters of International Development Bank For Investment and Finance in Baghdad, Iraq. Use it when a payment to International Development Bank For Investment and Finance does not need a specific branch.
Does International Development Bank For Investment and Finance use a single SWIFT/BIC code?
Yes – IDBQIQBAXXX is the only SWIFT/BIC code we have for International Development Bank For Investment and Finance in Iraq, so there is no branch code to choose.
What is the best way to send money to International Development Bank For Investment and Finance in Iraq?
Banks often add 1–3% to the exchange rate on top of a fee. Check what you receive in Iraq with transfer services before you send – the difference can be large.
How long does it take to send money to International Development Bank For Investment and Finance in Iraq?
A SWIFT payment typically takes 2–5 business days, because of intermediary banks and cut-off times. Specialist transfer services are often faster and cheaper.
Which details do I need to send money to an account at International Development Bank For Investment and Finance?
You need the SWIFT/BIC code IDBQIQBAXXX, the account number or IBAN of the recipient, their full name and address. Iraq uses international SWIFT transfers, so the BIC is required.
What does each part of IDBQIQBAXXX stand for?
IDBQ is the institution code of International Development Bank For Investment and Finance, IQ is the ISO code of Iraq, BA is the location code and XXX marks the head office.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.