SWIFT/BIC code LYIBLYLT002
LYIBLYLT002 belongs to Libyan Islamic Bank Company JSC in Tripoli, Libya.
Code details
| SWIFT/BIC code | LYIBLYLT002 |
|---|---|
| 8-character code | LYIBLYLT |
| Branch code | 002 |
| Bank | Libyan Islamic Bank Company JSC |
| Branch | Abu Malianeh Branch |
| City | Tripoli |
| Country | Libya |
How the Libyan Islamic Bank Company JSC SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- LYIB Bank code
- 4 letters that identify the bank.
- LY Country code
- 2 letters for the country (ISO 3166).
- LT Location code
- 2 characters for the city or region of the head office.
- 002 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 branch is behind SWIFT code LYIBLYLT002?
LYIBLYLT002 identifies Abu Malianeh Branch, part of Libyan Islamic Bank Company JSC in Tripoli, Libya. Only use it if the recipient or their bank explicitly asks for it.
How long does a transfer to Libyan Islamic Bank Company JSC take?
A SWIFT payment usually takes 1–5 business days, depending on correspondent banks and time zones. Specialist transfer services are often quicker and cheaper.
Which details do I need to send money to an account at Libyan Islamic Bank Company JSC?
You need the SWIFT/BIC code LYIBLYLT002, the IBAN or local account number of the recipient, their full name and address. Libya is not part of SEPA, so always include the BIC.
What is the cheapest way to send money to Libyan Islamic Bank Company JSC in Libya?
Many banks add 1–3% to the exchange rate on top of a fee. Check the amount that arrives in Libya with specialist providers before you send – the difference can be large.
Can I use LYIBLYLT instead of LYIBLYLT002?
LYIBLYLT points to the head office of Libyan Islamic Bank Company JSC, while LYIBLYLT002 is Abu Malianeh Branch. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention LYIBLYLT002.
What does each part of LYIBLYLT002 stand for?
LYIB is the institution code of Libyan Islamic Bank Company JSC, LY stands for Libya, LT is the code for the city or region and 002 is the code of the branch Abu Malianeh Branch.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.