SWIFT/BIC codes in Equatorial Guinea

SWIFT/BIC codes in Equatorial Guinea

For Equatorial Guinea we have 11 SWIFT/BIC codes. You will need a SWIFT/BIC code mainly when making international transfers and for payments in a foreign currency.

Select the bank from the list to view the head office code and any branch codes. The sections below covers how the codes work, what transfers cost and how to avoid mistakes before a payment.

International payments to Equatorial Guinea and the BIC

Equatorial Guinea is outside the SEPA area, the European zone for uniform euro payments. Payments from abroad usually go over the SWIFT network, and the BIC of the receiving bank is required.

Not every country uses the IBAN; in that case the local account number is used instead. The recipient’s bank often provides instructions for incoming international payments. International transfers can pass through correspondent banks, each of which may deduct a fee.

How long does a transfer to Equatorial Guinea take?

There is no fixed answer for transfers to Equatorial Guinea: some arrive within a day while others need several business days. Bank holidays in Equatorial Guinea or in the sending country can add a day or more.

When a payment takes longer than expected, the sender should contact the sending bank. Save your transfer receipt until the recipient confirms.

The structure of a Equatorial Guinea SWIFT/BIC code

A BIC is either 8 or 11 characters long and follows a fixed pattern. It starts with a four-letter bank code, followed by two letters for the country and a two-character location code.

No matter which bank, every code from Equatorial Guinea share the same fifth and sixth letters: the ISO code of the country. When those two letters point to another country, you are looking at a bank in another country.

The last three characters, if present, stand for a specific branch; XXX means the head office. In most cases the head office code is what you need, unless the recipient gives you a branch code.

How reliable is this list?

Ask the recipient to send you their bank details straight from a recent statement. If the code you have differs from our list, do not guess: check with the recipient or the bank.

This list is compiled from public sources that we update periodically. Institutions reorganise, change names and change codes, and no directory catches every change immediately. Before any payment that matters, confirm the code with the recipient. We are an independent comparison site for money transfers and not part of any bank listed here.

Fraudsters regularly use fake invoices with new bank details. A real SWIFT code tells you nothing about who owns the account: criminals use real codes too.

Which bank in Equatorial Guinea has the most codes?

Ccei Bank Ge leads the list for Equatorial Guinea in the number of SWIFT/BIC codes. The head office of Ccei Bank Ge has CCEIGQGQXXX and that code covers most payments.

The number of codes tells you more about how it organises its payments than about its size. Making a payment to Ccei Bank Ge? Use CCEIGQGQXXX except when a specific branch code is requested.

Getting paid from abroad into an account in Equatorial Guinea

When you expect money from abroad in Equatorial Guinea, give the sender a complete set of details. In practice that means: your full name exactly as it appears on the account, your account number or IBAN, the BIC of your bank and sometimes your address.

Your bank’s code appears in our list but always compare it with your own bank details. It helps to add your bank’s name and city as well.

Do not be surprised if the incoming amount is below what the sender paid. Charges on incoming payments differ per bank; check the price list of your bank. For business payments, agree how the fees are split to avoid a shortfall.

Bank or transfer service for Equatorial Guinea?

If you transfer money to Equatorial Guinea with a regular bank, the fee you see is only part of the cost. On top of the fee, correspondent banks can deduct a charge and, if currencies are converted, the bank often uses a rate below the real market rate.

The real cost is often in the rate, rather than in the fee. Compare the bank’s rate against the mid-market rate; the gap is what conversion costs you.

For many currency pairs, a specialist provider is cheaper than a traditional bank transfer, mainly because of the rate. On GoldexPay we compare what recipients in Equatorial Guinea receive with different services, so you can pick the cheapest route.