Icici Bank Limited (Qfc Branch) SWIFT/BIC code

SWIFT/BIC code of Icici Bank Limited (Qfc Branch)

Whether a recipient gives you ICICQAQA or ICICQAQAXXX, you are looking at the same identifier for Icici Bank Limited (Qfc Branch) in Qatar. A SWIFT code shows every bank in the chain which institution should receive the money. It comes up mainly when dealing with transfers between countries or a currency.

Further down we go through the practical questions: money coming in from abroad, paying someone in another country and how to verify a SWIFT code before you hit send. Remember that the SWIFT code just identifies the bank, not the account: the IBAN or account number takes care of that.

Tracking a transfer to or from Icici Bank Limited (Qfc Branch)

An international transfer typically needs one to a few business days, depending on the currency, the route and the banks involved. Bank holidays in either country can add extra days to the journey. Sometimes a bank wants to know what the payment is for, which can hold things up.

A growing number of banks use SWIFT gpi. Every gpi transfer gets a unique transaction reference, the UETR. Keep your transfer receipt – you will need it for any trace request.

A delayed transfer is traced from the sending side, using the payment confirmation. On the receiving end, you can check your account for a slightly lower amount because fees can reduce the amount.

Which of the 4 codes of Icici Bank Limited (Qfc Branch) do you need?

Icici Bank Limited (Qfc Branch) has 4 separate SWIFT/BIC codes across 1 cities. One of them is the head office code, ICICQAQAXXX; the others identify branches, and sometimes internal departments.

Unless the recipient tells you otherwise, go with ICICQAQAXXX. A branch code only makes sense when the account holder specifically asks for it, which is more common for corporate accounts and specialised services.

When in doubt, check with the recipient for the exact BIC in their bank details. Branch codes are sometimes changed or retired over time, so a code from an old document is not always valid.

What a transfer from Icici Bank Limited (Qfc Branch) abroad really costs

When you transfer money abroad from Icici Bank Limited (Qfc Branch), the visible fee is only part of the cost. There is the transfer fee, sometimes charges from correspondent banks in between and, above all, the exchange rate markup if the currency changes.

The real cost is often in the rate, rather than in the fee: many banks convert at a rate that includes a margin. An easy check: put the bank’s rate next to the mid-market rate for the same moment and work out the difference on your amount.

For a lot of routes, a specialist provider is less expensive than a bank, mainly because of the exchange rate. GoldexPay lists these services side by side so you can see what actually arrives before you commit. You can still use your account at Icici Bank Limited (Qfc Branch); only the conversion and sending happen elsewhere.

What to give a sender who pays you at Icici Bank Limited (Qfc Branch)

To receive a transfer from abroad into your account at Icici Bank Limited (Qfc Branch), the sender has to have more than the BIC. What they need is: the account holder’s name, account number or IBAN, ICICQAQAXXX or ICICQAQA and often your postal address.

Some banks also ask for the bank’s address. Double-check the details before you share them.

Do not be surprised if the amount credited is smaller than what the sender paid. Fees for incoming transfers differ per bank – the price list of Icici Bank Limited (Qfc Branch) tells you what applies. Agree with the sender who covers the fees.

About this information

We collect SWIFT/BIC codes from public sources and update our list from time to time. It is possible that information on this page is no longer current after a merger or reorganisation. Figures such as the number of codes come from our own dataset and are not confirmed by Icici Bank Limited (Qfc Branch).

Treat this page as a starting point, not as the last word: the recipient’s bank details come first. GoldexPay is not affiliated with Icici Bank Limited (Qfc Branch); we are a comparison site for money transfers. If you notice a mistake, we welcome a message via the contact page.

What the XXX in ICICQAQAXXX means

A SWIFT code is built from a few fixed parts: characters one to four stand for the bank, the next two show the country and characters seven and eight indicate the location. The result is ICICQAQA, the short form of the code.

XXX at the end of ICICQAQAXXX does not stand for a placeholder or a mistake: it indicates the head office of Icici Bank Limited (Qfc Branch). Some banking apps ask for 11 characters, and then you simply enter XXX behind ICICQAQA.

Do not add spaces, dots when you enter ICICQAQA. A wrong letter may route a payment to another bank, so check it twice.

Watch out for payment fraud

One of the most common tricks goes like this: you receive a message saying that a supplier has a new bank account. A correct SWIFT code says nothing about whether the request is genuine – scammers simply use real codes.

Before paying, confirm changed bank details by phone. Urgency and secrecy tend to be red flags; a genuine business can wait for you to check. When a payment was sent to a fraudster, call your bank right away – speed improves the chance of getting it back.

Recipients can be targeted as well: one known trick is an overpayment and then sends a request to send back the difference abroad. A screenshot of a transfer is no proof – check your own account.

Is ICICQAQA still correct? How to check

The safest source for the BIC is the recipient’s own bank details – an invoice, a statement or a screenshot from online banking. If the code you have does not match ICICQAQA or ICICQAQAXXX, do not guess – contact the recipient or Icici Bank Limited (Qfc Branch).

If the code is wrong, the transfer might be delayed, bounce back or cost extra. A mistake in the account number can be a bigger problem, because the money may be credited to someone else, so check that just as carefully.

Most online banking apps validate the structure 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 gives extra certainty. For a first payment, some people send a small test amount.