SWIFT/BIC code KARMIQB1XXX
KARMIQB1XXX belongs to Karmal Stock Exchange in Baghdad, Iraq.
Code details
| SWIFT/BIC code | KARMIQB1XXX |
|---|---|
| 8-character code | KARMIQB1 |
| Branch code | XXX |
| Bank | Karmal Stock Exchange |
| Branch | Head office |
| City | Baghdad |
| Country | Iraq |
The way the Karmal Stock Exchange SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- KARM Bank code
- 4 letters that identify the bank.
- IQ Country code
- 2 letters for the country (ISO 3166).
- B1 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 bank uses BIC KARMIQB1XXX?
KARMIQB1XXX is the SWIFT/BIC code of the headquarters of Karmal Stock Exchange in Baghdad, Iraq. Use it when you send money to an account at Karmal Stock Exchange.
What happens if I use KARMIQB1XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Always check KARMIQB1XXX with the recipient before sending.
What do I need to send money to an account at Karmal Stock Exchange?
You need the SWIFT/BIC code KARMIQB1XXX, the account number or IBAN of the recipientand the name of the account holder. Iraq uses international SWIFT transfers, so always include the BIC.
What does each part of KARMIQB1XXX stand for?
KARM is the institution code of Karmal Stock Exchange, IQ stands for Iraq, B1 is the location code and XXX means the main office.
Does Karmal Stock Exchange use only one SWIFT/BIC code?
Yes – KARMIQB1XXX is the single SWIFT/BIC code we have for Karmal Stock Exchange in Iraq, so there is no branch code to choose.
How long does it take to send money to Karmal Stock Exchange in Iraq?
A SWIFT payment usually takes 2–5 business days, depending on intermediary banks and cut-off times. Money transfer services are often quicker and cheaper.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.