National Commercial Bank, The SWIFT/BIC code

SWIFT/BIC code of National Commercial Bank, The

NCBKSAJE and NCBKSAJEXXX are two spellings of the same bank identifier, and both point to National Commercial Bank, The in Jeddah. Banks worldwide use these codes to route payments between countries to the right institution. It comes up mainly when dealing with payments that cross a border and payments in foreign currencies.

On this page you will find what the code means, when it matters and what else a transfer to or from National Commercial Bank, The requires. Remember that the BIC just identifies the bank, not the account: the IBAN or account number does that part.

Watch out for payment fraud

Stay alert if a contact unexpectedly wants you to pay into a different account abroad. A correct SWIFT code says nothing about who owns the account: scammers use real codes of real banks.

Verify new bank details via a different channel like a call to a number from an earlier contract, never via the email that asked for the change. Watch out for urgent requests, odd spelling or an email address that differs by one letter. Acted too fast? Call the bank you paid from straight away and have them start a recall; also report it to the police.

Scams can also work the other way. Someone claims to have sent more than agreed and wants you to refund the extra to a new account. A screenshot of a transfer is no proof – check your own account.

International transfers from National Commercial Bank, The: the real cost

When you transfer money abroad through National Commercial Bank, The, the fee you see is only part of the cost. Besides the transfer fee, banks in between can deduct a fee, and if currencies are converted the bank often applies a rate that is less favourable than the actual market rate.

That exchange rate margin is often the biggest item, and it is easy to miss. Compare the rate you are offered against the mid-market rate. The difference is your real conversion cost.

For many routes, a transfer service turns out to be cheaper than a traditional bank transfer, mainly because of the exchange rate. GoldexPay compares what recipients receive with different services, which makes the cheapest option easy to spot. Choosing a specialist does not require leaving National Commercial Bank, The: you simply pay the service from your account.

Verifying the SWIFT code of National Commercial Bank, The

The best place to find the correct BIC is paperwork issued by the bank, such as a statement or the account details in online banking. When the code you were given differs from NCBKSAJE or NCBKSAJEXXX, stop and ask: check with the recipient or with National Commercial Bank, The directly.

With a wrong code, the transfer may get stuck, be returned or end up costing more, and tracing it can take weeks. Do not forget the account number: a mistake there is more difficult to correct than a wrong code.

Most online banking apps check the format of IBANs and some suggest the matching BIC, 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 start with a small test amount before sending the rest.

Choosing between the 6 SWIFT codes of National Commercial Bank, The

National Commercial Bank, The has 6 separate SWIFT/BIC codes across 3 locations. Only one is the head office code, NCBKSAJEXXX; the rest belong to branches or departments, and sometimes specific services.

For the vast majority of payments to a private or business account, the head office code NCBKSAJEXXX works fine. When you receive a specific code, stick to it instead of swapping it for the head office code.

Unsure which code to use? Ask the recipient or the bank itself. Branch codes are sometimes changed or retired over time.

When will the money arrive at National Commercial Bank, The?

An international transfer usually needs one to a few business days – it depends on currency, route and the banks in between. Transfers sent after the cut-off time or just before weekends and holidays often start the next business day. Sometimes a bank wants to know what the payment is for before releasing it.

A growing number of banks are connected to SWIFT gpi for faster and traceable payments. Each gpi transfer gets a unique reference, the UETR. Specialist transfer services usually provide a status online showing where the money has got.

If the money does not arrive within the expected time, the person who paid needs to start with their own bank. Request from the sender the payment receipt with the date and reference.

NCBKSAJE or NCBKSAJEXXX – which one to use?

The structure of a BIC never changes: a bank code of four letters, a two-letter country code and a two-character location code, sometimes followed by a branch code. Combined, those parts make up NCBKSAJE, the code most people search for.

The 11-character version adds a three-character extension that identify a branch or department. If the last three are XXX, the code points to the head office.

Leave out spaces when you type NCBKSAJE. Look out for O versus 0 or I versus 1.

About this information

We collect bank codes from publicly available data and update them regularly. Banks reorganise, close branches and retire codes, and a directory never catches every change immediately. Counts and locations come from our directory and may differ from what National Commercial Bank, The publishes.

Before any payment of any size, confirm the BIC with National Commercial Bank, The or with the recipient. We are an independent comparison service for money transfers and not part of National Commercial Bank, The. If you notice something that is out of date, we welcome a message.

Receiving money from abroad at National Commercial Bank, The

When you are waiting for money from abroad, give the sender all details at once. Share the account holder’s name, the IBAN or account number, the BIC NCBKSAJEXXX and your address.

You can add the bank name and its city too, since some forms ask for it. A typo in your account number is more trouble than you might think; copy them from your banking app rather than typing.

An incoming payment does not always land for the full amount. Intermediary banks may deduct a fee and your own bank may charge for processing, and if the money is converted, an exchange rate margin comes on top. Agree with the sender who covers the fees, especially for larger amounts.