SWIFT/BIC code RAECAEADXXX
RAECAEADXXX belongs to Redha Al Ansari Exchange in Dubai, United Arab Emirates.
Code details
| SWIFT/BIC code | RAECAEADXXX |
|---|---|
| 8-character code | RAECAEAD |
| Branch code | XXX |
| Bank | Redha Al Ansari Exchange |
| Branch | Head office |
| City | Dubai |
| Country | United Arab Emirates |
The way the Redha Al Ansari Exchange SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- RAEC Bank code
- 4 letters that identify the bank.
- AE Country code
- 2 letters for the country (ISO 3166).
- AD 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 institution is behind BIC RAECAEADXXX?
The code RAECAEADXXX belongs to the main office of Redha Al Ansari Exchange in Dubai, United Arab Emirates. It is the code to use when a payment to Redha Al Ansari Exchange does not need a specific branch.
Does Redha Al Ansari Exchange use only one SWIFT/BIC code?
Yes, RAECAEADXXX is the single SWIFT/BIC code we have for Redha Al Ansari Exchange in United Arab Emirates, so there is no branch code to choose.
What is the cheapest way to send money to Redha Al Ansari Exchange?
Banks often add several percent to the exchange rate on top of a fee. Compare what you receive in United Arab Emirates Dirham with specialist providers before you send.
How long does a transfer to Redha Al Ansari Exchange take?
An international SWIFT transfer usually takes 1–5 business days, because of intermediary banks and cut-off times. Specialist transfer services are often quicker and cheaper.
What does each part of RAECAEADXXX stand for?
RAEC is the institution code of Redha Al Ansari Exchange, AE stands for United Arab Emirates, AD is the location code and XXX means the main office.
What do I need to send money to an account at Redha Al Ansari Exchange?
Have ready the SWIFT/BIC code RAECAEADXXX, the IBAN or local account number of the recipientand the name of the account holder. United Arab Emirates uses international SWIFT transfers, so the BIC is required.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.