Bank of Baroda SWIFT/BIC code

BARBAEAD – the SWIFT/BIC code of Bank of Baroda

BARBAEAD and BARBAEADXXX are two ways of writing the same SWIFT/BIC code, and both point to Bank of Baroda in Dubai. A SWIFT code tells the banks handling a payment which institution should receive the money. You will need it mostly when dealing with transfers between countries and payments in foreign currencies.

Below we go through the practical questions: receiving money at Bank of Baroda, paying someone in another country and how to check a SWIFT code before you hit send. Remember that the BIC only identifies the bank, not the person: the account number or IBAN does that part.

Incoming international payments to Bank of Baroda

Someone abroad who wants to pay you needs several details from you – incomplete details often cause delays. Share the account holder’s name, the IBAN or account number, the BIC BARBAEADXXX and your address.

It helps to add Bank of Baroda and its city as well, because some payment forms have separate fields for them. A mistake in your account number can be harder to fix than you might think, so copy the details from your online banking.

Expect that the incoming amount is smaller than what the sender paid. Charges on incoming payments differ from bank to bank; check the price list of Bank of Baroda. Agree with the sender who covers the fees, especially for larger amounts.

A note on our data

The codes here come from public sources that we update regularly. Banks merge, change names and change codes, and a directory never catches every change immediately. Figures such as the number of codes come from our directory and are not confirmed by Bank of Baroda.

See the information on this page as a handy check. GoldexPay is independent of Bank of Baroda; we are a comparison site for money transfers. Spotted outdated information? Let us know via our contact form so we can correct it.

How to check BARBAEAD before you pay

The most reliable source for the BIC is the bank details provided by the recipient: an invoice, a bank statement or their online banking. When the code you were given differs from BARBAEAD or BARBAEADXXX, stop and ask – contact the recipient or Bank of Baroda.

An incorrect BIC can cause delays, a payment being sent back or extra fees along the way. Do not forget the IBAN: an error there is harder to undo than a wrong code.

A format check by your bank only tells you that the code exists, not that it is the right account. More and more banks compare the name with the account. When you pay someone new, some people send a small test amount and wait for confirmation.

Sending money abroad from Bank of Baroda

An international bank payment can cost rather more than the listed fee. On top of the transfer fee, banks in between may deduct a fee, and if currencies are converted the bank usually applies a rate that is less favourable than the real market rate.

Banks rarely list the margin on the rate separately – you only notice it if you compare. A simple test: set the rate you get next to the mid-market rate and look at the difference.

For a lot of routes, a specialist provider is cheaper than a traditional bank transfer, mainly because of the exchange rate. On GoldexPay you can compare the amount that arrives across services, so you can pick the cheapest route. Choosing a specialist does not mean leaving Bank of Baroda.

8 or 11 characters: BARBAEAD versus BARBAEADXXX

Every SWIFT/BIC code starts with an 8-character core: four letters for the bank, a two-letter country code and two characters for the location. Together, these eight characters form BARBAEAD, the code most people search for.

XXX at the end of BARBAEADXXX is not a missing value or a mistake: it indicates the head office of Bank of Baroda. Certain payment forms ask for 11 characters, in which case you simply add XXX after BARBAEAD.

Leave out spaces or dashes when you type BARBAEAD. Look out for O versus 0 and the letter I and the digit 1.

Tracking a transfer to or from Bank of Baroda

There is no single delivery time for every transfer: many land the same day or the next, others take several business days. Transfers sent after the cut-off time or on weekends and holidays usually go out a business day later. Extra checks on larger or unusual payments may also cause some delay, regardless of the details.

A growing number of banks are connected to SWIFT gpi. Every gpi transfer gets a unique transaction reference, the UETR that banks can use to trace it. Save the payment confirmation until the money has arrived – you will need it for any trace request.

If the money does not arrive after a few business days, the person who paid needs to contact their own bank, not the receiving bank. On the receiving end, you can look at your account to see a slightly lower amount.

United Arab Emirates Dirham (AED) and conversion costs

The national currency of United Arab Emirates is the United Arab Emirates Dirham (AED). A payment in a foreign currency is exchanged into AED, and whoever converts it chooses the rate. You rarely see a separate charge for the conversion – the cost sits in the rate.

Which bank converts the money makes a difference. Sending the amount directly in AED usually avoids an extra conversion by Bank of Baroda.

The AED rate changes constantly, so the amount you see is usually only valid for a short time. With bigger transfers, a seemingly small gap in the rate can be worth more than the fee.

Scams that use SWIFT codes

A common scam goes like this: an email arrives with a message claiming that a company now has a new bank account and that the next payment should go there. That BARBAEAD is a real code is no guarantee that the account is legitimate – fraudsters use real bank codes as well.

Check new bank details through a separate channel like a call to a number from an earlier contract. Pressure or requests to keep it quiet are warning signs. Acted too fast? Call your bank without delay and ask them to try to recall the payment.

Fraud can also target the receiver: someone sends too much and wants you to refund the extra. A screenshot of a transfer proves nothing.

Which of the 8 codes of Bank of Baroda do you need?

Our directory lists 8 SWIFT/BIC codes for Bank of Baroda in 5 cities. Next to the head office code BARBAEADXXX, you will find codes for branches, departments or specific services.

For most incoming transfers, the head office code BARBAEADXXX is what you need. A branch code only makes sense when the account holder explicitly mentions it, which is more common for corporate accounts and trade services.

When in doubt, check with the recipient which code their bank gave them. Codes for branches are more likely to be retired than the head office code.