SWIFT/BIC code IVBIIQBAXXX
IVBIIQBAXXX belongs to Investment Bank of Iraq in Baghdad, Iraq.
Code details
| SWIFT/BIC code | IVBIIQBAXXX |
|---|---|
| 8-character code | IVBIIQBA |
| Branch code | XXX |
| Bank | Investment Bank of Iraq |
| Branch | Head office |
| City | Baghdad |
| Country | Iraq |
The way the Investment Bank of Iraq SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- IVBI 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 is behind SWIFT code IVBIIQBAXXX?
IVBIIQBAXXX is the SWIFT/BIC code of the main office of Investment Bank of Iraq in Baghdad, Iraq. It is the code to use when a payment to Investment Bank of Iraq does not need a specific branch.
What is the best way to send money to Investment Bank of Iraq in Iraq?
Banks often add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Iraq with transfer services before you send – the difference can be large.
How long does a transfer to Investment Bank of Iraq take?
A SWIFT payment typically takes 1–5 business days, because of intermediary banks and cut-off times. Money transfer services are often faster and cheaper.
Does Investment Bank of Iraq have a single SWIFT/BIC code?
Yes – IVBIIQBAXXX is the single SWIFT/BIC code we have for Investment Bank of Iraq in Iraq, so you do not need to pick a branch code.
What do I need to send money to an account at Investment Bank of Iraq?
Have ready the SWIFT/BIC code IVBIIQBAXXX, the IBAN or local account number of the recipient, their full name and address. Iraq uses international SWIFT transfers, so always include the BIC.
What does each part of IVBIIQBAXXX stand for?
IVBI is the institution code of Investment Bank of Iraq, IQ is the ISO code of Iraq, BA is the code for the city or region 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.