Bank of Africa Kenya LTD SWIFT/BIC code

What AFRIKENX means for a payment to Bank of Africa Kenya LTD

If an invoice shows AFRIKENX or AFRIKENXXXX, you are looking at the identical address for Bank of Africa Kenya LTD in Kenya. A SWIFT code shows the sending bank which institution is meant to get the money, a bit like a postal address for banks. It comes up mostly when dealing with payments that cross a border and payments in foreign currencies.

This page is meant to help anyone who receives money at an account at Bank of Africa Kenya LTD without mistakes. The SWIFT code on its own does not identify an individual account holder; for that you need the IBAN or account number .

8 or 11 characters: AFRIKENX versus AFRIKENXXXX

Each SWIFT/BIC code starts with the same eight core characters: four letters for the bank, a two-letter country code and two characters for the location. The result is AFRIKENX, the short form of the code.

Most payment forms accept either length. If a form asks for eleven characters, enter AFRIKENXXXX, otherwise AFRIKENX is fine.

Enter the code in one piece, in upper case and without spaces. Look out for the letter O and the digit 0 or I versus 1; they are easy to mix up.

Before you send: check the Bank of Africa Kenya LTD code

The safest source for a SWIFT code is the recipient’s own bank details. Compare it against AFRIKENX here.

An incorrect BIC may lead to delays, a payment being sent back or additional charges for investigation. An error in the account number is more serious, because the money may be credited to someone else, so check that just as carefully.

Most online banking apps validate the structure of an IBAN, but that does not prove the account belongs to the right person. Some banks now check the name against the account; take any warning seriously. When you pay someone new, many people send a small test amount before sending the rest.

Paying someone abroad from your Bank of Africa Kenya LTD account

An international bank payment can cost more than the listed fee. On top of the transfer fee, correspondent or intermediary banks can take a cut, and if the money changes currency the bank often uses a rate that is less favourable than the real market rate.

Banks do not show the margin on the rate separately – you only notice it if you compare. Compare their rate against the mid-market rate, the midpoint between buy and sell rates you see on financial sites.

For a lot of currency pairs, a transfer service is cheaper than a traditional bank transfer – mostly thanks to the rate. On GoldexPay you can compare what recipients receive with different providers. Choosing a specialist does not mean closing your account at Bank of Africa Kenya LTD.

Changed bank details? Be careful

One of the most common tricks goes like this: you receive a request saying that a company now has new bank details and asking you to pay there from now on. A correct SWIFT code says nothing about who owns the account: scammers use real codes of real banks.

Check changed bank details via a different channel like a call to a number from an earlier contract. Be suspicious of time pressure, unusual wording or a sender address that is slightly off. Already paid? Contact the bank you paid from without delay and ask them to try to recall the payment and report the fraud.

Fraud can also work the other way: someone claims to have sent more than agreed and wants you to return the extra to a new account. A payment confirmation from the sender proves nothing; only your own account shows what has arrived.

Incoming international payments to Bank of Africa Kenya LTD

To receive a transfer from abroad at Bank of Africa Kenya LTD, the sender needs more than the BIC. Share the account holder’s name, your account number or IBAN, SWIFT code AFRIKENXXXX and your address, which some banks require.

It helps to add the bank name and its city too. A typo in the IBAN is more trouble than it looks.

What lands in your account is often less than what was sent. Fees for incoming transfers differ per bank; check the price list of Bank of Africa Kenya LTD. For business payments, you can agree who bears the costs, so that nobody is left short.

Choosing between the 2 SWIFT codes of Bank of Africa Kenya LTD

We have 2 SWIFT/BIC codes for Bank of Africa Kenya LTD, spread over 2 cities. Besides the head office code AFRIKENXXXX, there are codes for individual branches and departments.

Usually there is no need to look up a branch: transfers addressed to AFRIKENXXXX are routed within Bank of Africa Kenya LTD correctly. If you have been given a specific code, use it as it is instead of replacing it with the head office code.

Unsure which code to use? Ask the recipient, or look at a recent statement from Bank of Africa Kenya LTD. Branch codes are sometimes changed or retired when banks reorganise, so do not rely on old paperwork.

Tracking a transfer to or from Bank of Africa Kenya LTD

An international transfer usually needs anywhere from one to several business days, depending on the currency, the route and the banks involved. Transfers sent late in the day or just before a weekend or public holiday often go out a business day later. Extra checks on larger or unusual payments can also add some delay, even when all details are correct.

A growing number of banks use SWIFT gpi, which lets them follow a payment from bank to bank. Each payment carries a unique reference, the UETR. Save the payment confirmation until the money has arrived – you will need it for any trace request.

Only the sending bank is able to request a trace or a recall – the recipient’s bank often cannot see a payment that has not arrived. Request from the sender a copy of the payment confirmation including the reference; that often settles the question quickly.

Where our SWIFT data comes from

The codes on this page are taken from publicly available data. It is possible that a code here is out of date. The number of codes we show are based on our own data and not on information from Bank of Africa Kenya LTD itself.

Use our data as a starting point, not as the last word. GoldexPay is not affiliated with Bank of Africa Kenya LTD. Spotted an error? Tell us via our contact form and we will look into it.