HSBC Bank Oman S.a.o.g. (Formerly Oman International Bank) SWIFT/BIC code

What OIBAPKK1 means for a payment to HSBC Bank Oman S.a.o.g. (Formerly Oman International Bank)

If an invoice shows OIBAPKK1 or OIBAPKK1XXX, you are looking at the identical address for HSBC Bank Oman S.a.o.g. (Formerly Oman International Bank) in Pakistan. A SWIFT code shows the banks handling a payment which institution should receive the money, much like a postcode for banks. In practice you usually come across the code on international invoices, in your banking app and in the bank details of HSBC Bank Oman S.a.o.g. (Formerly Oman International Bank) customers.

On this page you can read how the code means, when you need it and which other details you need for a transfer to or from HSBC Bank Oman S.a.o.g. (Formerly Oman International Bank). The SWIFT code on its own cannot identify an individual account holder; for that you need the IBAN or account number is for.

Changed bank details? Be careful

One of the most common tricks works like this: an email arrives with a request claiming that a contact has new bank details and that the next payment should go there. A correct SWIFT code says nothing about who owns the account.

Do not rely on contact details from the same email that announces the change. Pressure or requests to keep it quiet tend to be red flags; a genuine business can wait for you to check. If money has already gone to a fraudster, contact your bank immediately: the sooner they act, the better the chance of a recall.

People receiving money can be targeted as well: a classic trick is a buyer who pays too much followed by a request to send back the difference to another account. A payment confirmation from the sender proves nothing.

Why HSBC Bank Oman S.a.o.g. (Formerly Oman International Bank) has an 8- and an 11-character code

The layout of every SWIFT code is always the same: a bank code of four letters, a two-letter country code and a two-character location code. Together, those parts make up OIBAPKK1.

The long version adds a three-character extension that identify a branch or department. If the last three are XXX, they simply mean the head office.

Leave out spaces or dashes when you type OIBAPKK1 or OIBAPKK1XXX. Copying the code is safer than typing it by hand.

Tracking a transfer to or from HSBC Bank Oman S.a.o.g. (Formerly Oman International Bank)

How fast a transfer reaches HSBC Bank Oman S.a.o.g. (Formerly Oman International Bank) depends on several factors: the currency, how many intermediary banks are involved, daily processing deadlines and time zones. Bank 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.

When a payment takes longer than expected, contact your bank for the tracking status; with that reference banks can see where the payment is. Money transfer services often show tracking in their app so you can see where the payment has got.

A missing payment has to be traced by the sending bank. Ask the sender for a copy of the payment confirmation with the date and reference.

About this information

We gather bank codes from publicly available data and check our list regularly. Banks merge, change names and change codes – a directory can be a step behind. The number of codes on this page are based on what is in our directory, not official figures from HSBC Bank Oman S.a.o.g. (Formerly Oman International Bank).

See our directory on this page as a helpful check, and let the details from the recipient or HSBC Bank Oman S.a.o.g. (Formerly Oman International Bank) have the final say. We are a comparison site and not affiliated with HSBC Bank Oman S.a.o.g. (Formerly Oman International Bank). Should you notice a mistake, we appreciate a short note.

Head office or branch code at HSBC Bank Oman S.a.o.g. (Formerly Oman International Bank)?

We have 2 SWIFT/BIC codes for HSBC Bank Oman S.a.o.g. (Formerly Oman International Bank), spread over 2 locations. Next to the head office code OIBAPKK1XXX, there are codes for branches, departments or specific services.

In most cases there is no need to look up a branch: payments addressed to OIBAPKK1XXX are routed within HSBC Bank Oman S.a.o.g. (Formerly Oman International Bank) without problems. Just use a branch code when your contact explicitly asks for it, for example on a letter or invoice.

The best way is to take the code straight from the recipient’s invoice. Branch codes are sometimes changed or retired over time, so a code from an old document is not always valid.

Receiving money from abroad at HSBC Bank Oman S.a.o.g. (Formerly Oman International Bank)

When you are waiting for money from abroad, send the payer a complete set of details. What they need is: the account holder’s name, account number or IBAN, OIBAPKK1XXX and in many cases your home address.

The sender’s bank may request the address of your bank, in which case the Karachi head office is the usual answer. Check each detail before you send them, because the sender’s bank usually copies them as is.

Expect that the incoming amount is smaller than the amount on the sender’s receipt. Fees for incoming transfers vary per bank – the price list of HSBC Bank Oman S.a.o.g. (Formerly Oman International Bank) tells you what applies. On invoices, it is common to agree how the fees are split to avoid a shortfall.

Paying someone abroad from your HSBC Bank Oman S.a.o.g. (Formerly Oman International Bank) account

The price of an international transfer has more than one component, and the transfer fee is only the most visible one. There is the fee for the transfer itself, possibly charges from correspondent banks along the way and, above all, the margin on the exchange rate if the currency changes.

The markup on the rate is often the largest cost even though it is not listed as a fee. A simple test: put the rate you get next to the mid-market rate for the same moment and work out the difference on your amount.

Specialised transfer providers frequently offer a rate near the mid-market rate with clearer fees. GoldexPay lists these services next to each other so you can see the amount the recipient gets. You can still keep your account at HSBC Bank Oman S.a.o.g. (Formerly Oman International Bank) as the source of the money.

Is OIBAPKK1 still correct? How to check

The most reliable place for the correct BIC remains paperwork issued by the bank. When the code you were given differs from OIBAPKK1 or OIBAPKK1XXX, stop and ask: check with the recipient or with HSBC Bank Oman S.a.o.g. (Formerly Oman International Bank) directly.

An incorrect BIC may lead to delays, a payment being sent back or extra fees along the way. An error in the account number is a bigger problem, because the money may be credited to someone else; check it just as carefully.

A validity check in your banking app only confirms that the code exists – not that it belongs to the person you mean to pay. More and more banks compare the payee name with the account before you confirm – do not ignore a mismatch warning. Sending a small amount first is worth it for a large first payment.