Banque Centrale des Etats de L'afrique de L'ouest SWIFT/BIC code

SWIFT/BIC code of Banque Centrale des Etats de L'afrique de L'ouest

BCAOBFBF and BCAOBFBFXXX are two ways of writing the same SWIFT/BIC code, and both lead to Banque Centrale des Etats de L'afrique de L'ouest in Ouagadougou. Banks worldwide use these codes to direct international transfers to the correct bank. In daily life you mostly see it on invoices from abroad, in your banking app and in the bank details of Banque Centrale des Etats de L'afrique de L'ouest customers.

This page is meant to help people who pays into an account at Banque Centrale des Etats de L'afrique de L'ouest and wants to get the details right. The BIC identifies a bank or branch, never a specific account.

When will the money arrive at Banque Centrale des Etats de L'afrique de L'ouest?

There is no single answer: many arrive within a day. Payments made after the cut-off time or on weekends and holidays often go out the next business day. Occasionally a bank asks about the purpose of a payment.

When a payment takes longer than expected, contact your bank for the status or the UETR; with that reference banks can see where the payment is. Specialist transfer services often show a status in their app showing how far the money is.

If the money does not arrive within the expected time, the person who paid should start with the bank that sent it rather than Banque Centrale des Etats de L'afrique de L'ouest. As a recipient, you can check your account for a slightly lower amount because fees can reduce the amount.

Sending money abroad from Banque Centrale des Etats de L'afrique de L'ouest

The price of an international transfer has more than one component – not just the fee on your screen. You pay the transfer fee, sometimes charges from correspondent banks along the way and, above all, the margin on the exchange rate.

The markup on the rate tends to be the biggest cost even though it is not listed as a fee. An easy check: put the rate you get next to the mid-market rate for the same moment and look at the difference.

For many currency pairs, a specialist provider turns out to be cheaper than a traditional bank transfer. GoldexPay lists transfer providers next to each other so you can see the amount the recipient gets for the same amount sent. You can still use your account at Banque Centrale des Etats de L'afrique de L'ouest as the source of the money; only the conversion and sending happen elsewhere.

A note on our data

Our SWIFT/BIC directory is compiled from publicly available sources and we update it periodically. It can happen that information on this page is out of date. The figures on this page reflect what is in our directory.

Use this page as a starting point, rather than as the last word – the bank details from the recipient are leading. GoldexPay is independent of Banque Centrale des Etats de L'afrique de L'ouest. Should you notice something that is out of date, we appreciate a message.

What the XXX in BCAOBFBFXXX means

A BIC is made up of a few fixed parts: the first four letters identify the bank, characters five and six show the country and characters seven and eight mark the location. For Banque Centrale des Etats de L'afrique de L'ouest, that core is BCAOBFBF.

Most payment forms accept both lengths. If a form requires eleven characters, enter BCAOBFBFXXX.

Enter the code in one piece, in capitals and without spaces. Watch for O versus 0 or I versus 1.

Head office or branch code at Banque Centrale des Etats de L'afrique de L'ouest?

Banque Centrale des Etats de L'afrique de L'ouest has 2 different SWIFT/BIC codes. Only one is the head office code, BCAOBFBFXXX; the others identify branches or departments.

For the vast majority of payments to a private or business account, the head office code BCAOBFBFXXX works fine. Just use a branch code when your contact explicitly asks for it, for example on an invoice or in their bank details.

Not sure which code to use? Check with the recipient or the bank itself. Branch codes can change over time, so a code from an old document is not always valid.

Protect yourself against fake payment requests

Stay wary if a contact unexpectedly asks you to send money to a different account abroad. A valid SWIFT code says nothing about whether the request is genuine – scammers simply use real codes.

Verify changed bank details through a separate channel like a call to a number from an earlier contract. Urgency or secrecy tend to be warning signs – a real supplier can wait a day. When money has already gone to a fraudster, contact your bank immediately: the sooner they act, the better the chance of a recall.

Scams also target the receiver: someone claims to have sent too much and wants you to refund the extra via a different route. Do not act before the money is actually in your account – ask Banque Centrale des Etats de L'afrique de L'ouest if something looks wrong.

Getting paid from abroad into a Banque Centrale des Etats de L'afrique de L'ouest account

Someone abroad who wants to pay you will ask for several details from you. The basics are: the account holder’s name, account number or IBAN, BCAOBFBFXXX or BCAOBFBF and in many cases your postal address.

Their bank may request the address of your bank. Double-check every detail before you share them.

What lands in your account is often lower than the amount sent. Fees for incoming transfers differ per bank – the price list of Banque Centrale des Etats de L'afrique de L'ouest tells you what applies. For business payments, it is common to state how the fees are split, so that nobody is left short.

Verifying the SWIFT code of Banque Centrale des Etats de L'afrique de L'ouest

Ask the recipient to send you the bank details directly from their banking app. Check it against BCAOBFBF on this page and ask if anything does not match.

Errors in the BIC are annoying rather than disastrous. Remember the IBAN: a mistake there is more difficult to undo than a wrong code.

A format check by your bank merely tells you that the IBAN exists. Some banks now compare the name with the account before you confirm; take any warning seriously. When you pay someone new, many people start with a small amount first before sending the rest.