American Express Bank LTD. SWIFT/BIC code

American Express Bank LTD. SWIFT code: AEIBPKK1

AEIBPKK1 and AEIBPKK1XXX are two spellings of the same SWIFT/BIC code, and both point to American Express Bank LTD. in Karachi. Every bank on the SWIFT network uses BIC codes to route payments between countries to the right institution. In daily life you mostly see it on invoices from abroad, in payment forms and in the bank details that American Express Bank LTD. provides.

This page is meant to help anyone who sends money to an account at American Express Bank LTD. without mistakes. The BIC identifies a bank or branch, not a specific account; the IBAN or account number does that.

Where our SWIFT data comes from

The details on this page are taken from publicly available data. Banks reorganise, close branches and change codes. The figures we show reflect our own data.

See our directory here as a helpful check, and let the details from the recipient or American Express Bank LTD. have the final say. GoldexPay is a comparison site for money transfers and not part of American Express Bank LTD.. If you notice something that is out of date, we appreciate a message via the contact page.

When will the money arrive at American Express Bank LTD.?

How quickly a transfer reaches American Express Bank LTD. is determined by several factors: the currency, the number of banks in between, daily processing deadlines and time zones. Weekends and public holidays in either country add a day or more, since banks do not process on those days. Occasionally a bank wants to know what the payment is for, which can hold things up.

A growing number of banks are connected to SWIFT gpi for faster and traceable payments. Each payment gets a unique reference, the UETR, which your bank can use to see where the money is. Keep your transfer receipt until the money has arrived.

A delayed transfer has to be investigated from the sending side on the basis of the transfer details. Request from the sender the payment receipt with the date and reference.

American Express Bank LTD.: head office code versus branch codes

We have 3 SWIFT/BIC codes for American Express Bank LTD., spread over 3 cities. Next to the head office code AEIBPKK1XXX, there are codes for individual branches and departments.

Usually you do not need to pick a branch: transfers addressed to AEIBPKK1XXX are routed within American Express Bank LTD. without problems. Only use a branch code when the recipient explicitly asks for it, for example on a letter or invoice.

Not sure which code applies? Check with the recipient, or look at a recent statement from American Express Bank LTD.. Codes can change over time, so a code from an old document is not always valid.

Verifying the SWIFT code of American Express Bank LTD.

Ask the recipient to send you the bank details directly from their online banking. If the code you have does not match AEIBPKK1 or AEIBPKK1XXX, stop and ask.

Mistakes in the BIC tend to be costly rather than fatal – usually the money comes back, minus fees and time lost. Do not forget the account number: an error there is harder to undo than a wrong code.

Most online banking apps check the structure of an IBAN and sometimes look up the BIC automatically, but that does not prove the account belongs to the right person. More and more banks check the payee name with the account; take any warning seriously. Sending a small amount first can be worth it for a large first payment, even if it costs an extra fee.

Why American Express Bank LTD. has an 8- and an 11-character code

The layout of a BIC is always the same: a bank code of four letters, a two-letter country code and a two-character location code. The result is AEIBPKK1, the short form of the code.

Many payment forms work with either length. If a form requires eleven characters, use AEIBPKK1XXX, otherwise AEIBPKK1 is fine.

In practice the code is written in capitals, without spaces or dashes. Pasting the code beats retyping it, because one wrong letter changes the bank.

International transfers from American Express Bank LTD.: the real cost

What you pay for an international transfer has more than one component. There is the fee for the transfer itself, sometimes fees charged by intermediary banks along the way and, above all, the exchange rate markup when the money is converted.

Most of the cost usually sits in the exchange rate, rather than in the fee: many banks convert using an exchange rate that includes a margin. Check the rate you are offered against the mid-market rate – the rate you find on financial news sites.

Money transfer services often offer a rate near the mid-market rate. GoldexPay compares these services next to each other, showing the amount the recipient gets. You can always keep your account at American Express Bank LTD. as the source of the money; only the conversion and sending happen elsewhere.

What to give a sender who pays you at American Express Bank LTD.

To receive an international payment at American Express Bank LTD., the sender needs more than the SWIFT code. In practice that means: your full name as registered with American Express Bank LTD., your IBAN or account number, the BIC AEIBPKK1XXX (or AEIBPKK1) and usually your address.

Some sending banks want the address of American Express Bank LTD.. A mistake in your account number is more trouble than it looks.

What lands in your account can be less than the amount sent. Charges on incoming payments differ from bank to bank; check the price list of American Express Bank LTD.. Agree with the sender who pays which costs, especially for larger amounts.

Watch out for payment fraud

Criminals regularly use payment requests with new bank details. That AEIBPKK1 is a real code is no guarantee that the account is legitimate – fraudsters use real bank codes as well.

Check new bank details via a different channel, such as a phone number you already know, not by replying to the message. Watch out for urgent requests, unusual wording or an email address that differs by one letter. When a payment has already gone to the wrong account, contact your bank immediately.

Scams can also target the receiver. Someone sends more than agreed and wants you to return the extra. A screenshot of a transfer proves nothing.