SWIFT/BIC code SBFETM22XXX
SBFETM22XXX belongs to State Bank For Foreign Economic Affairs of Turkmenistan in Ashkhabad, Turkmenistan.
Code details
| SWIFT/BIC code | SBFETM22XXX |
|---|---|
| 8-character code | SBFETM22 |
| Branch code | XXX |
| Bank | State Bank For Foreign Economic Affairs of Turkmenistan |
| Branch | Head office |
| City | Ashkhabad |
| Country | Turkmenistan |
The way the State Bank For Foreign Economic Affairs of Turkmenistan SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- SBFE Bank code
- 4 letters that identify the bank.
- TM Country code
- 2 letters for the country (ISO 3166).
- 22 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 BIC SBFETM22XXX?
SBFETM22XXX is the SWIFT/BIC code of the head office of State Bank For Foreign Economic Affairs of Turkmenistan in Ashkhabad, Turkmenistan. Use it when you send money to an account at State Bank For Foreign Economic Affairs of Turkmenistan.
Does State Bank For Foreign Economic Affairs of Turkmenistan have a single SWIFT/BIC code?
Yes, SBFETM22XXX is the only SWIFT/BIC code we have for State Bank For Foreign Economic Affairs of Turkmenistan in Turkmenistan, so you do not need to pick a branch code.
Is SBFETM22 and SBFETM22XXX the same code?
Yes. SBFETM22 is the short version of SBFETM22XXX. XXX simply means head office, so both will reach State Bank For Foreign Economic Affairs of Turkmenistan in Ashkhabad.
How long does a transfer to State Bank For Foreign Economic Affairs of Turkmenistan take in Turkmenistan?
A SWIFT payment typically takes 1–5 business days, because of intermediary banks and cut-off times. Specialist transfer services are often faster and cheaper.
What is the best way to send money to State Bank For Foreign Economic Affairs of Turkmenistan?
Many banks add several percent to the exchange rate on top of a fee. Check what you receive in Turkmenistan with transfer services before you send – the difference can be large.
What does each part of SBFETM22XXX mean?
SBFE is the institution code of State Bank For Foreign Economic Affairs of Turkmenistan, TM is the ISO code of Turkmenistan, 22 is the location code 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.