SWIFT/BIC code IPIOAEA1XXX
IPIOAEA1XXX belongs to International Petroleum Investment Company in Abu Dhabi, United Arab Emirates.
Code details
| SWIFT/BIC code | IPIOAEA1XXX |
|---|---|
| 8-character code | IPIOAEA1 |
| Branch code | XXX |
| Bank | International Petroleum Investment Company |
| Branch | Head office |
| City | Abu Dhabi |
| Country | United Arab Emirates |
The way the International Petroleum Investment Company SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- IPIO Bank code
- 4 letters that identify the bank.
- AE Country code
- 2 letters for the country (ISO 3166).
- A1 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 BIC IPIOAEA1XXX?
IPIOAEA1XXX identifies the headquarters of International Petroleum Investment Company in Abu Dhabi, United Arab Emirates. It is the code to use when a payment to International Petroleum Investment Company does not need a specific branch.
What is the cheapest way to send money to International Petroleum Investment Company?
Banks often add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in United Arab Emirates Dirham with specialist providers before you send – the difference can be large.
Which details do I need for a transfer to an account at International Petroleum Investment Company?
You need the SWIFT/BIC code IPIOAEA1XXX, the IBAN or local account number of the recipientand the name of the account holder. United Arab Emirates uses international SWIFT transfers, so always include the BIC.
What does each part of IPIOAEA1XXX mean?
IPIO is the bank code of International Petroleum Investment Company, AE stands for United Arab Emirates, A1 is the location code and XXX means the main office.
Is IPIOAEA1 and IPIOAEA1XXX the same code?
Yes. IPIOAEA1 is the short version of IPIOAEA1XXX. The XXX at the end only refers to the head office, so both routes your payment to International Petroleum Investment Company in Abu Dhabi.
How long does a transfer to International Petroleum Investment Company take?
A SWIFT payment usually takes 1–5 business days, depending on correspondent banks and time zones. Specialist transfer services are often faster than a bank.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.