Banque des Etats de L'afrique Centrale D.n. Guinee Equatoriale SWIFT/BIC code

BEACGQGQ – the SWIFT/BIC code of Banque des Etats de L'afrique Centrale D.n. Guinee Equatoriale

If an invoice shows BEACGQGQ or BEACGQGQXXX, it is the identical address for Banque des Etats de L'afrique Centrale D.n. Guinee Equatoriale in Equatorial Guinea. A BIC has a single purpose: it ensures that an international payment reaches the right bank. In practice you usually see it on international invoices, in payment forms and on the account details that Banque des Etats de L'afrique Centrale D.n. Guinee Equatoriale provides.

On this page you will find how the code means, when it matters and what else you need for a transfer to or from Banque des Etats de L'afrique Centrale D.n. Guinee Equatoriale. The BIC names an institution, not a specific account; the IBAN or account number does that.

Choosing between the 2 SWIFT codes of Banque des Etats de L'afrique Centrale D.n. Guinee Equatoriale

Banque des Etats de L'afrique Centrale D.n. Guinee Equatoriale has 2 different SWIFT/BIC codes. Only one is the head office code, BEACGQGQXXX; the others belong to branches or departments, and sometimes specific services.

Usually there is no need to pick a branch: payments sent to BEACGQGQXXX reach Banque des Etats de L'afrique Centrale D.n. Guinee Equatoriale without problems. If you have been given a specific code, use it as it is rather than swapping it for the head office code.

The safest route is to copy the code directly from the recipient’s bank details. Branch codes are more prone to change than the head office code when a bank merges or closes offices.

A note on our data

The details here are taken from public sources which we refresh regularly. It can happen that information here is out of date. Counts and locations are from our own dataset.

Use our data as a starting point, rather than as the final word – the bank details from the recipient are leading. GoldexPay is independent of Banque des Etats de L'afrique Centrale D.n. Guinee Equatoriale; we are a comparison site for money transfers. Spotted an error? Tell us via our contact form.

Before you send: check the Banque des Etats de L'afrique Centrale D.n. Guinee Equatoriale code

The safest source for a SWIFT code is the bank details provided by the recipient. When the code you were given does not match BEACGQGQ or BEACGQGQXXX, do not guess: check with the recipient or with Banque des Etats de L'afrique Centrale D.n. Guinee Equatoriale directly.

With a wrong code, the transfer might be delayed, bounce back or end up costing more, and tracing it can take weeks. Remember the IBAN: an error there can be more difficult to correct than a wrong BIC.

Most online banking apps validate the structure of IBANs. Where available, a name check on the recipient gives extra certainty. For a first payment, some people start with a small amount first and wait for confirmation.

Paying someone abroad from your Banque des Etats de L'afrique Centrale D.n. Guinee Equatoriale account

What you pay for an international transfer has several parts – not just the fee on your screen. There is the transfer fee, possibly charges from correspondent banks along the way and, most importantly, the margin on the exchange rate if the currency changes.

Most of the cost usually sits in the exchange rate: the bank converts using an exchange rate that includes a margin. Compare the rate you are offered against the mid-market rate. The difference is your real conversion cost.

For a lot of routes, a transfer service is less expensive than a traditional bank transfer. On GoldexPay we compare the amount that arrives with different services, so you can pick the cheapest route. Choosing a specialist does not mean closing your account at Banque des Etats de L'afrique Centrale D.n. Guinee Equatoriale.

Watch out for payment fraud

Criminals regularly use fake invoices with changed bank details. That BEACGQGQ is a real code is no guarantee that a request mentioning it is genuine – fraudsters use real bank codes as well.

Do not trust contact details from the same email that contains the change. Urgency and requests to keep it quiet are warning signs – a real supplier can wait a day. If a payment was sent to the wrong account, call your bank right away: the sooner they act, the better the chance of a recall.

People receiving money can be targeted as well: a classic trick is an overpayment followed by a request to send back the difference. Do not act before the money is actually in your account and check with Banque des Etats de L'afrique Centrale D.n. Guinee Equatoriale if anything seems off.

Transfer times and tracking a payment to Banque des Etats de L'afrique Centrale D.n. Guinee Equatoriale

There is no fixed delivery time for every transfer: many land within a day. Weekends and public holidays in the sending or receiving country can add extra days. Compliance checks by one of the banks may also cause some delay, even when all details are correct.

If a transfer seems late, contact the sending bank for the status and the transaction reference so they can trace it along the chain. Save your transfer receipt until the recipient confirms.

Only the sending bank can request a trace – the recipient’s bank often cannot see a payment that has not arrived. Request from the sender the payment receipt – it helps your own bank look for the money.

BEACGQGQ or BEACGQGQXXX – which one to use?

The layout of every SWIFT code never changes: four characters for the institution, a two-letter country code and two for the location, sometimes followed by a branch code. In this case, that core is BEACGQGQ.

Many payment forms work with either length. If yours asks for eleven characters, enter BEACGQGQXXX, otherwise BEACGQGQ is fine.

In practice the code is typed in capitals. Look out for the letter O and the digit 0 or the letter I and the digit 1, a common source of typos.

What to give a sender who pays you at Banque des Etats de L'afrique Centrale D.n. Guinee Equatoriale

To receive a transfer from abroad at Banque des Etats de L'afrique Centrale D.n. Guinee Equatoriale, the sender has to have not just the SWIFT code. The basics are: your name, account number or IBAN, BEACGQGQXXX or BEACGQGQ and, for some countries, your postal address.

The sender’s bank may also ask for the bank address of Banque des Etats de L'afrique Centrale D.n. Guinee Equatoriale, in which case the Malabo head office is the usual answer. A typo in your account number can be more trouble than you might think, so copy the details from your online banking.

The amount you receive is often less than what was sent. Charges on incoming payments differ per bank; check the price list of Banque des Etats de L'afrique Centrale D.n. Guinee Equatoriale. For business payments, it is common to agree who bears the costs, so that nobody is left short.