Arab Banking Corporation SWIFT/BIC code

SWIFT/BIC code of Arab Banking Corporation

If an invoice shows ABCOTNTT or ABCOTNTTXXX, it is the same identifier for Arab Banking Corporation in Tunisia. A SWIFT code tells the banks handling a payment exactly which bank is meant to get the money. In daily life you mostly see it on invoices from abroad, in your banking app and on the account details that Arab Banking Corporation provides.

On this page you will find how the code is put together, when you need it and what else you need for a transfer to or from Arab Banking Corporation. A SWIFT code names a bank or branch, never a specific account, which is why you always need the account number too.

ABCOTNTT or ABCOTNTTXXX – which one to use?

Every SWIFT/BIC code has the same eight core characters: four letters for the bank, a two-letter country code and a two-character location code. In this case, the 8-character core is ABCOTNTT.

The long version has a three-character extension for a branch or department. When those three characters are XXX, the code points to the head office, which is why ABCOTNTTXXX and ABCOTNTT lead to the same place.

Type the code as one block, in upper case and without spaces. A wrong character can send the money to a different institution.

Receiving money from abroad at Arab Banking Corporation

A sender in another country will ask for a few details about your account. Give them your name as the bank knows it, the IBAN or account number, SWIFT code ABCOTNTTXXX and your address.

You can add the bank name and Tunis as well. A typo in the IBAN is harder to fix than it looks.

The amount you receive is often less than the amount sent. Fees for incoming transfers differ from bank to bank. Make clear with the sender who pays which costs.

A note on our data

The directory on GoldexPay is compiled from public sources and we update it periodically. Banks merge, close branches and retire codes – a directory can be a step behind. The figures we show are based on our own data.

See the information here as a handy check. GoldexPay is independent of Arab Banking Corporation. Spotted an error? Tell us through the contact page so we can correct it.

Protect yourself against fake payment requests

Stay alert when a contact unexpectedly wants you to send money to another account abroad. A valid SWIFT code tells you nothing about who owns the account: scammers use real codes of real banks.

Do not trust a phone number from the same email that announces the change. Urgency or secrecy tend to be red flags; a genuine business can wait for you to check. Acted too fast? Contact your bank without delay and ask them to start a recall and report the fraud.

Scams can also work the other way: someone sends too much and asks you to return the extra via a different route. A payment confirmation from the sender is no proof – check your own account.

Is ABCOTNTT still correct? How to check

The most reliable place for the correct BIC remains a document from the bank itself like a bank statement or the account page in online banking. When the code you were given differs from ABCOTNTT or ABCOTNTTXXX, do not guess – contact the recipient or Arab Banking Corporation.

Mistakes in the SWIFT code tend to be annoying more than fatal: often the payment comes back, minus fees. Remember the IBAN: a mistake there can be harder to correct than a wrong code.

Most online banking apps validate the structure of an IBAN and some suggest the matching BIC. Where available, a name check on the recipient gives an extra layer of safety. For a first payment, some people send a small test amount before sending the rest.

Paying someone abroad from your Arab Banking Corporation account

If you transfer money to another country via Arab Banking Corporation, the visible fee is rarely all of the cost. Besides a fixed fee, correspondent or intermediary banks may take a cut, and if the money changes currency the bank usually applies a rate below the real market rate.

Many banks rarely show the margin on the rate as a cost – you only notice it if you compare. Check the rate you are offered against the mid-market rate. The difference is your real conversion cost.

For a lot of routes, a specialist provider is less expensive than a bank. On GoldexPay you can compare the amount that arrives with different providers. You can still keep your account at Arab Banking Corporation; only the conversion and sending happen elsewhere.

When will the money arrive at Arab Banking Corporation?

There is no single delivery time for international payments: many arrive the same day or the next while others need several business days. Bank holidays in either country add a day or more to the journey. Extra checks on larger or unusual payments may also add some delay, even when all details are correct.

Many banks are connected to SWIFT gpi, which lets them follow a payment from bank to bank. Each gpi transfer gets a unique transaction reference, the UETR. Money transfer services often provide a status in their app showing how far the money is.

The bank that sent the money is able to request a trace or a recall – the recipient’s bank often cannot see a payment that has not arrived. On the receiving end, it helps to look at your account for a partial amount, since fees may have been deducted.

Choosing between the 2 SWIFT codes of Arab Banking Corporation

Arab Banking Corporation uses 2 different SWIFT/BIC codes. One of them is the head office code, ABCOTNTTXXX; the others identify branches.

Usually you do not need to pick a branch: transfers sent to ABCOTNTTXXX reach Arab Banking Corporation correctly. When you receive a specific code, use it as it is rather than replacing it for the head office code.

If you are not sure, check with the recipient for the exact BIC in their bank details. Codes for branches are more prone to change than the head office code when a bank merges or closes offices.