Global Investment House SWIFT/BIC code

GIHKKWKW – the SWIFT/BIC code of Global Investment House

GIHKKWKW and GIHKKWKWXXX are two spellings of the same bank identifier, and both point to Global Investment House in Safat. A SWIFT code tells the banks handling a payment which institution should receive the money, much like a postcode for banks. In practice you usually come across it on invoices from abroad, in your banking app and on the account details of Global Investment House customers.

This page is meant to help anyone who pays into an account at Global Investment House without mistakes. The BIC names an institution, never a specific account, which is why you always need the account number too.

Before you send: check the Global Investment House code

The most reliable place for the right code is a document from the bank itself. If the code you have differs from GIHKKWKW or GIHKKWKWXXX, do not guess: check with the recipient or with Global Investment House directly.

An incorrect BIC can cause a delay, a payment being sent back or extra fees for investigation. Remember the account number: a mistake there can be harder to correct than a wrong code.

Most online banking apps check the format of IBANs and sometimes look up the BIC automatically, but that does not prove the account belongs to the right person. If your bank offers it, a payee name check on the recipient adds an extra layer of safety. When you pay someone new, some people send a small amount first.

Which of the 2 codes of Global Investment House do you need?

Global Investment House uses 2 different SWIFT/BIC codes. One of them is the head office code, GIHKKWKWXXX; the others identify branches, and sometimes internal departments.

Unless the recipient tells you otherwise, go with GIHKKWKWXXX. If you have been given a branch code, stick to it rather than swapping it with the head office code.

The best way is to copy the code directly from the account holder’s statement. Branch codes can change over time.

Transfer times and tracking a payment to Global Investment House

An international transfer typically takes anywhere from one to several business days – it depends on currency, route and the banks in between. Bank holidays in the sending or receiving country can add extra days, since banks do not process on those days. Extra checks on larger or unusual payments can also cause a delay.

When a payment takes longer than expected, contact the sending bank about the status and the transaction reference; with that reference banks can see where the payment is. Money transfer services usually provide a status in their app showing how far the money is.

The bank that sent the money is able to start an official trace or a recall – the recipient’s bank often cannot see a payment that has not arrived. Request from the sender the payment receipt including the reference.

Paying someone abroad from your Global Investment House account

An international bank payment can cost more than the fee suggests. There is the transfer fee, possibly fees charged by intermediary banks in between and, above all, the margin on the exchange rate.

Banks do not show the margin on the rate as a cost, but you pay it all the same. A simple test: set the rate you get next to the mid-market rate for the same moment and look at the difference.

Specialist money transfer services often offer rates closer to the mid-market rate and lower fees. GoldexPay compares what recipients receive across services, so you can pick the cheapest route. Using a transfer service does not require closing your account at Global Investment House – you pay the provider from your own account.

8 or 11 characters: GIHKKWKW versus GIHKKWKWXXX

The layout of a BIC never changes: four characters for the institution, a two-letter country code and two for the location, sometimes followed by a branch code. Together, these eight characters make up GIHKKWKW – the version you usually see online.

Many banks and apps work with both lengths. If a form asks for eleven characters, enter GIHKKWKWXXX; if it wants eight, use GIHKKWKW.

Leave out spaces when you enter GIHKKWKW. Pasting the code is safer than typing it by hand.

How up to date is this code?

The codes on this page come from publicly available data that we update regularly. It can happen that information here is out of date. Counts and locations come from our directory.

Before a payment that matters, confirm the BIC with Global Investment House or with the recipient. We are a comparison service for money transfers and not affiliated with Global Investment House. If you notice something that is out of date, we appreciate a short note via the contact page.

Getting paid from abroad into a Global Investment House account

If you expect a payment from another country, give the sender everything they need in one go. In practice that means: your full name exactly as it appears on the account, your IBAN or account number, the SWIFT/BIC code GIHKKWKWXXX and, often, your address.

Some sending banks also ask for the address of Global Investment House. A mistake in your account number can be harder to fix than it looks.

Do not be surprised if the amount credited is smaller than what the sender paid. Fees for incoming transfers differ per bank. Agree with the sender who pays which costs, especially for larger amounts.

Watch out for payment fraud

Scammers often send payment requests with changed bank details, sometimes in an email that looks completely genuine. A correct SWIFT code says nothing about who owns the account – scammers simply use real codes.

Never rely on contact details in the same message that contains the change. Pressure or requests to keep it quiet are red flags. Already paid? Call the bank you paid from straight away and have them try to recall the payment.

Scams can also target the receiver. Someone sends too much and asks you to return the extra via a different route. A payment confirmation from the sender is no proof.