Banque Internationale Pour le Commerce et L'industrie de la Cote D'ivoire SWIFT/BIC code

SWIFT/BIC code of Banque Internationale Pour le Commerce et L'industrie de la Cote D'ivoire

BICICIAB and BICICIABXXX are two ways of writing the same SWIFT/BIC code, and both point to Banque Internationale Pour le Commerce et L'industrie de la Cote D'ivoire in Abidjan. A SWIFT code shows the sending bank which institution should receive the money. You will need it mainly when dealing with transfers between countries or a currency.

On this page you can read what the code means, when it matters and what else a transfer to or from Banque Internationale Pour le Commerce et L'industrie de la Cote D'ivoire requires. The BIC identifies an institution, not a specific account, which is why you always need the account number too.

About this information

The details here come from public sources which we refresh regularly. Still, banks merge or change codes. Counts and locations come from our directory.

Use our data as a reference, rather than as the last word – the bank details from the recipient are leading. GoldexPay has no connection to Banque Internationale Pour le Commerce et L'industrie de la Cote D'ivoire. If you notice something that is out of date, we welcome a short note.

Head office or branch code at Banque Internationale Pour le Commerce et L'industrie de la Cote D'ivoire?

Banque Internationale Pour le Commerce et L'industrie de la Cote D'ivoire uses 5 separate SWIFT/BIC codes. One of them is the head office code, BICICIABXXX; the rest identify branches, and sometimes specific services.

Unless the recipient tells you otherwise, go with BICICIABXXX or its short form BICICIAB. A branch code only makes sense if the recipient’s bank explicitly asks for it.

Unsure which code applies? Ask the recipient, or look at a recent statement from Banque Internationale Pour le Commerce et L'industrie de la Cote D'ivoire. Codes are sometimes changed or retired over time, so do not rely on old paperwork.

BICICIAB or BICICIABXXX – which one to use?

A SWIFT code is made up of fixed blocks: characters one to four stand for the bank, characters five and six show the country and characters seven and eight mark the location. The result is BICICIAB for Banque Internationale Pour le Commerce et L'industrie de la Cote D'ivoire.

The 11-character version has three more characters for a branch or department. When those three characters are XXX, they simply mean the head office, which is why BICICIABXXX and BICICIAB lead to the same place.

As a rule the code is written in capitals and without spaces. A single letter may route a payment to a different institution, so check it twice.

What a transfer from Banque Internationale Pour le Commerce et L'industrie de la Cote D'ivoire abroad really costs

A bank transfer abroad costs rather more than the fee suggests. Besides a fixed fee, correspondent or intermediary banks can deduct a fee, and if currencies are converted the bank usually applies a rate that is less favourable than the real market rate.

That exchange rate margin is often the biggest item. A simple test: put the bank’s rate next to the mid-market rate and look at the difference.

Money transfer services often offer rates closer to the mid-market rate and lower fees. Next time you send money, take a minute to compare the total cost via GoldexPay instead of going straight to your bank. Choosing a specialist does not require closing your account at Banque Internationale Pour le Commerce et L'industrie de la Cote D'ivoire – you pay the provider from your own account.

Before you send: check the Banque Internationale Pour le Commerce et L'industrie de la Cote D'ivoire code

Have the recipient send you their bank details straight from their online banking. Compare it with BICICIAB here; if they differ, ask before you pay.

If the code is wrong, the transfer may get stuck, bounce back or end up costing more – sometimes after weeks of searching. Do not forget the IBAN: a mistake there can be more difficult to correct than a wrong code.

Most online banking apps validate the structure of an IBAN and sometimes look up the BIC automatically. More and more banks check the name with the account – do not ignore a mismatch warning. For a first payment, many people start with a small amount first before sending the rest.

Getting paid from abroad into a Banque Internationale Pour le Commerce et L'industrie de la Cote D'ivoire account

For a transfer from abroad into your account at Banque Internationale Pour le Commerce et L'industrie de la Cote D'ivoire, the sender has to have more than the SWIFT code. In practice that means: your name exactly as it appears on the account, your account number or IBAN, the BIC BICICIABXXX (or BICICIAB) and usually your postal address.

You can add Banque Internationale Pour le Commerce et L'industrie de la Cote D'ivoire and Abidjan as well, because some payment forms have separate fields for them. Check the details before you share them, because the sender’s bank usually copies them as is.

Do not be surprised if the incoming amount is below what the sender paid. Correspondent banks can take a fee and your own bank may charge for processing, and if the currency changes, an exchange rate margin comes on top. Make clear with the sender who pays which costs, especially for larger amounts.

Tracking a transfer to or from Banque Internationale Pour le Commerce et L'industrie de la Cote D'ivoire

There is no single answer for international payments: many arrive the same day or the next. Transfers sent late in the day or just before weekends and holidays often start the next business day. Occasionally a bank asks what the payment is for, which can hold things up.

When a payment takes longer than expected, contact the sending bank about the tracking status. Keep your transfer receipt – you will need it for any trace request.

A delayed transfer has to be investigated by the sending bank on the basis of the transfer details. Ask the sender for the payment receipt with the date and reference; that often settles the question quickly.

Watch out for payment fraud

Fraudsters often use fake invoices containing new bank details, sometimes in an email that looks completely genuine. A real SWIFT code says nothing about whether the request is genuine – scammers simply use real codes.

Verify new bank details through a different channel like a call to a number from an earlier contract, never via the email that asked for the change. Watch out for urgent requests, unusual wording or an email address that differs by one letter. If money has already gone to a fraudster, contact your bank immediately – speed improves the chance of getting it back.

Scams also target the receiver: someone claims to have sent more than agreed and asks you to return the extra to a new account. Do not act before the money has really arrived.