Yemen Bank For Reconstruction and Development SWIFT/BIC code

What YBRDYESA means for a payment to Yemen Bank For Reconstruction and Development

Whether you are given YBRDYESA or YBRDYESAXXX, it is the identical address for Yemen Bank For Reconstruction and Development in Yemen. A SWIFT code shows every bank in the chain exactly which bank is meant to get the money, a bit like a postal address for banks. In daily life you mostly come across it on international invoices, in payment forms and in the bank details of Yemen Bank For Reconstruction and Development customers.

Below we go through the practical side: money coming in from abroad, sending money abroad and how to verify the code before you hit send. A SWIFT code names an institution, not a specific account; the IBAN or account number does that.

Before you send: check the Yemen Bank For Reconstruction and Development code

The most reliable place for the right code is a document from the bank itself like a bank statement or the account page in online banking. Check it with YBRDYESA here.

A wrong SWIFT code can cause delays, a payment being sent back or additional charges. Remember the account number: an error there can be harder to correct than a wrong BIC.

Most online banking apps check the structure of IBANs and some suggest the matching BIC – that confirms the format, not the owner. If your bank offers it, a payee name check on the recipient adds extra certainty. When you pay someone new, many people send a small test amount.

How up to date is this code?

The directory on GoldexPay draws on publicly available sources and is updated regularly. Institutions merge, close branches and retire codes, and a directory never catches every change immediately. Counts and locations are from our directory and may differ from what Yemen Bank For Reconstruction and Development publishes.

Treat the information on this page as a helpful check, and let the details from the recipient or Yemen Bank For Reconstruction and Development have the final say. We are an independent comparison site and not part of Yemen Bank For Reconstruction and Development. If you notice a mistake, we welcome a short note.

Scams that use SWIFT codes

Criminals regularly send payment requests with changed bank details. That YBRDYESA is a real code does not mean that the account is legitimate.

Never rely on contact details in the same message that announces the new account. Be suspicious of time pressure, odd spelling or a sender address that is slightly off. Acted too fast? Call the bank you paid from straight away and ask them to try to recall the payment.

People receiving money can be targeted as well: a classic trick is an overpayment followed by a request to send back the difference to another account. Do not act before the money is actually in your account – ask Yemen Bank For Reconstruction and Development if something looks wrong.

What the XXX in YBRDYESAXXX means

Every SWIFT/BIC code starts with an 8-character core: a four-letter bank code, a two-letter country code and a two-character location code. The result is YBRDYESA for Yemen Bank For Reconstruction and Development.

Most banks and apps work with either length. If a form requires eleven characters, use YBRDYESAXXX.

Leave out spaces, dots when you enter YBRDYESA. Copying the code is safer than retyping it.

Head office or branch code at Yemen Bank For Reconstruction and Development?

We have 18 SWIFT/BIC codes for Yemen Bank For Reconstruction and Development, spread over 8 cities. Next to the head office code YBRDYESAXXX, there are codes for regional offices and specialised units.

Usually you do not need to pick a branch: payments addressed to YBRDYESAXXX reach Yemen Bank For Reconstruction and Development without problems. When you receive a branch code, stick to it rather than replacing it with the head office code.

Unsure which code applies? Ask the recipient or the bank itself. Codes are sometimes changed or retired over time.

Transfer times and tracking a payment to Yemen Bank For Reconstruction and Development

How quickly a payment arrives at Yemen Bank For Reconstruction and Development is determined by several factors: the currency, how many intermediary banks are involved, daily processing deadlines and time zones. Weekends and public holidays in the sending or receiving country can add extra days to the journey. Extra checks on larger or unusual payments can also add some delay.

If the money seems delayed, contact the sending bank about the tracking status; with that reference banks can see where the payment is. Specialist transfer services usually show a status online so you can see how far the payment has got.

Only the sending bank can start an official trace. On the receiving end, it helps to check your account to see a partial amount.

What a transfer from Yemen Bank For Reconstruction and Development abroad really costs

When you send money to another country through Yemen Bank For Reconstruction and Development, the fee you see is only part of what you pay. There is the fee for the transfer itself, possibly fees charged by intermediary banks in between and, most importantly, the margin on the exchange rate.

Banks rarely list their exchange rate markup as a cost – you only notice it if you compare. Check their rate with the mid-market rate; the gap is what conversion costs you.

Money transfer services frequently offer rates closer to the mid-market rate with clearer fees. Next time you send money, it is worth comparing what arrives via GoldexPay instead of going straight to your bank. Using a transfer service does not mean leaving Yemen Bank For Reconstruction and Development: you simply pay the service from your account.

What to give a sender who pays you at Yemen Bank For Reconstruction and Development

A sender in another country needs several details about your account – incomplete details often cause delays. That means: your name exactly as it appears on the account, your IBAN or account number, the BIC YBRDYESAXXX (or YBRDYESA) and usually your address.

Certain sending banks also ask for the name and address of Yemen Bank For Reconstruction and Development. A typo in your account number is more trouble than you might think, so copy the details from your online banking.

Money from abroad will not always arrive in full. Correspondent banks can take a fee, and if the money is converted, a markup on the rate applies. On invoices, you can agree how the fees are split to avoid a shortfall.