SWIFT/BIC code RASEIQB1XXX
RASEIQB1XXX belongs to Rabee Securities in Baghdad, Iraq.
Code details
| SWIFT/BIC code | RASEIQB1XXX |
|---|---|
| 8-character code | RASEIQB1 |
| Branch code | XXX |
| Bank | Rabee Securities |
| Branch | Head office |
| City | Baghdad |
| Country | Iraq |
The way the Rabee Securities SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- RASE 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
What bank uses BIC RASEIQB1XXX?
RASEIQB1XXX identifies the head office of Rabee Securities in Baghdad, Iraq. It is the code to use when you send money to an account at Rabee Securities.
What is the best way to send money to Rabee Securities?
Many banks add several percent to the exchange rate on top of a fee. Check what you receive in Iraq with specialist providers before you send – the difference can be large.
Is RASEIQB1 and RASEIQB1XXX the same SWIFT code?
Yes. RASEIQB1 is the short version of RASEIQB1XXX. The XXX at the end only means head office, so both will reach Rabee Securities in Baghdad.
What happens if I enter RASEIQB1XXX incorrectly?
Your transfer can bounce, get stuck or cost extra. Double-check RASEIQB1XXX with the recipient before sending.
What do the letters in RASEIQB1XXX mean?
RASE is the institution code of Rabee Securities, IQ stands for Iraq, B1 is the code for the city or region and XXX marks the main office.
Which details do I need to send money to an account at Rabee Securities?
You need the SWIFT/BIC code RASEIQB1XXX, the IBAN or local account number of the recipient, their full name and address. Iraq uses international SWIFT transfers, so always include the BIC.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.