Albaraka Bank (Pakistan)Limited SWIFT/BIC code

AIINPKKA – the SWIFT/BIC code of Albaraka Bank (Pakistan)Limited

AIINPKKA and AIINPKKAXXX are the short and the long form of the same bank identifier, and both lead to Albaraka Bank (Pakistan)Limited in Karachi. A BIC does one job: it makes sure that an international payment ends up at the right bank. You will need it mainly when dealing with payments that cross a border.

On this page you can read what the code is put together, when you need it and which other details you need for a transfer to or from Albaraka Bank (Pakistan)Limited. The BIC names an institution, not a single account.

Incoming international payments to Albaraka Bank (Pakistan)Limited

For a transfer from abroad into your account at Albaraka Bank (Pakistan)Limited, the sender needs not just the BIC. Give them the account holder’s name, the IBAN or account number, SWIFT code AIINPKKAXXX and your address.

Their bank might request the bank address of Albaraka Bank (Pakistan)Limited, in which case the Karachi head office is the usual answer. A typo in your account number is more trouble than it looks, so copy the details from your online banking.

An incoming payment does not always arrive in full. 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. On invoices, you can agree how the fees are split.

AIINPKKA or AIINPKKAXXX – which one to use?

Each SWIFT/BIC code has the same eight core characters: four letters for the bank, two letters for the country and two characters for the location. The result is AIINPKKA.

XXX at the end of AIINPKKAXXX does not stand for a missing value or an error: it indicates the main office of Albaraka Bank (Pakistan)Limited. Some forms ask for 11 characters, in which case you can enter XXX after AIINPKKA.

Leave out spaces, dots when you type AIINPKKA or AIINPKKAXXX. Pasting the code beats typing it by hand.

Head office or branch code at Albaraka Bank (Pakistan)Limited?

Having 2 codes, Albaraka Bank (Pakistan)Limited is one of the banks that use individual codes for branches and departments. The head office code remains AIINPKKAXXX.

Unless the recipient tells you otherwise, go with AIINPKKAXXX. Just use a branch code when your contact gives you that exact code, for example on a letter or invoice.

Not sure which code applies? Ask the recipient. Branch codes are more likely to change than the head office code.

Scams that use SWIFT codes

A common scam goes like this: an email arrives with a message saying that a contact has a new bank account and that the next payment should go there. A valid SWIFT code says nothing about whether the request is genuine.

Always verify changed bank details through a phone call. Urgency and secrecy are warning signs – a real supplier can wait a day. When a payment has already gone to the wrong account, call your bank right away: the sooner they act, the better the chance of a recall.

Recipients are targeted too: one known trick is an overpayment followed by a request to send back the difference to another account. Wait until the money has really arrived – ask Albaraka Bank (Pakistan)Limited if something looks wrong.

A note on our data

We gather SWIFT/BIC codes from publicly available data and check our list regularly. Banks reorganise, change names and change codes – a directory can be a step behind. Figures such as the number of codes are from our own dataset and may differ from what Albaraka Bank (Pakistan)Limited publishes.

Before a payment that matters, always check the BIC with the recipient’s bank or with the recipient. GoldexPay is an independent comparison service and not part of Albaraka Bank (Pakistan)Limited. Spotted outdated information? Let us know through the contact page and we will look into it.

Verifying the SWIFT code of Albaraka Bank (Pakistan)Limited

The most reliable place for the correct BIC remains paperwork issued by the bank like a bank statement or the account page in online banking. Compare it with AIINPKKA on this page and ask if anything does not match.

Mistakes in the SWIFT code are annoying more than disastrous – usually the money comes back, minus fees and time lost. A mistake in the IBAN or account number is more serious because it can reach the wrong person.

Most online banking apps validate the format of IBANs. More and more banks compare the payee name with the account – do not ignore a mismatch warning. Sending a small amount first is a sensible step for large sums, even if it costs an extra fee.

Paying someone abroad from your Albaraka Bank (Pakistan)Limited account

When you transfer money to another country via Albaraka Bank (Pakistan)Limited, the fee you see is rarely all of the cost. Besides a fixed fee, banks in between may deduct a fee, and when the money changes currency the bank usually applies a rate that is less favourable than the real market rate.

The real cost is often in the rate, rather than in the fee: many banks convert at a rate that includes a margin. Check the rate you are offered with the mid-market rate – the rate you find on financial news sites. The difference is your real conversion cost.

Specialised transfer providers often use rates closer to the mid-market rate and lower fees. Before your next transfer, take a minute comparing what arrives via GoldexPay instead of going straight to your bank. You can still use your account at Albaraka Bank (Pakistan)Limited to fund the transfer; only the conversion and sending happen elsewhere.

Transfer times and tracking a payment to Albaraka Bank (Pakistan)Limited

There is no fixed answer for every transfer: some land the same day or the next, others take several business days. Transfers sent after the cut-off time or just before a weekend or public holiday usually go out the next business day. Compliance checks on larger or unusual payments may also cause a delay, even when all details are correct.

When a payment takes longer than expected, contact your bank about the status or the UETR. Keep your transfer receipt until the money has arrived – you will need it for any trace request.

Only the sending bank is able to start an official trace or a recall; the receiving side usually has nothing to trace yet. Ask the sender for the payment receipt with the date and reference – it helps your own bank look for the money.