Reserve Bank of Zimbabwe SWIFT/BIC code

REBZZWHQ – the SWIFT/BIC code of Reserve Bank of Zimbabwe

Whether a recipient gives you REBZZWHQ or REBZZWHQXXX, you are looking at the identical address for Reserve Bank of Zimbabwe in Zimbabwe. A SWIFT code tells the banks handling a payment which institution should receive the money. You will need it mainly for payments that cross a border and payments in foreign currencies.

Further down we go through the practical questions: receiving money at Reserve Bank of Zimbabwe, paying someone in another country and how to verify a SWIFT code before you confirm a payment. Keep in mind that the BIC only identifies the bank, not the account: the IBAN or account number does that part.

Verifying the SWIFT code of Reserve Bank of Zimbabwe

The most reliable place for the correct BIC remains a document from the bank itself, such as a statement or the account details in online banking. If the code you have does not match REBZZWHQ or REBZZWHQXXX, stop and ask: check with the recipient or with Reserve Bank of Zimbabwe directly.

If the code is wrong, the transfer might be delayed, bounce back or cost extra – sometimes after weeks of searching. A mistake in the account number is a bigger problem because it can reach the wrong person; check it just as carefully.

Most online banking apps validate the structure of IBANs and some suggest the matching BIC. More and more banks compare the name with the account before you confirm; take any warning seriously. For a first payment, many people start with a small test amount and wait for confirmation.

Where our SWIFT data comes from

We gather SWIFT/BIC codes using public sources and check our list regularly. It is possible that information on this page is no longer current, for example after a merger. The number of codes we show are based on our own data.

Before any payment of any size, always confirm the code with the recipient’s bank or the recipient. GoldexPay is independent of Reserve Bank of Zimbabwe; we are a comparison site for money transfers. If you notice something that is out of date, we welcome a message via the contact page.

Scams that use SWIFT codes

One of the most common tricks works like this: you receive a message claiming that a company now has a new bank account and that the next payment should go there. The fact that REBZZWHQ exists is no guarantee that a request mentioning it is legitimate; criminals use the codes of real banks too.

Check changed payment details via a separate channel like a call to a number from an earlier contract, not by replying to the message. Pressure and secrecy are red flags. Acted too fast? Contact the bank you paid from straight away and have them start a recall.

Recipients can be targeted as well: a classic trick is a buyer who pays too much followed by a request to refund the difference to another account. Wait until the money is actually in your account and check with Reserve Bank of Zimbabwe if anything seems off.

What to give a sender who pays you at Reserve Bank of Zimbabwe

If you are waiting for money from abroad, send the payer all details at once. What they need is: the account holder’s name, account number or IBAN, REBZZWHQXXX or REBZZWHQ and, for some countries, your home address.

Some sending banks also ask for the address of Reserve Bank of Zimbabwe. Double-check every detail before you send them – a sender rarely spots a mistake in someone else’s details.

What lands in your account is often lower than what was sent. Fees for incoming transfers vary from bank to bank; check the price list of Reserve Bank of Zimbabwe. For business payments, it is common to agree who bears the costs, so that nobody is left short.

Which of the 3 codes of Reserve Bank of Zimbabwe do you need?

Reserve Bank of Zimbabwe uses 3 separate SWIFT/BIC codes across 1 cities. One of them is the head office code, REBZZWHQXXX; the others belong to branches, and sometimes internal departments.

Usually you do not need to pick a branch: payments sent to REBZZWHQXXX are routed within Reserve Bank of Zimbabwe without problems. When you receive a specific code, stick to it instead of swapping it with the head office code.

If you are not sure, check with the recipient which code their bank gave them. Codes for branches are more prone to change than the head office code.

How long does an international transfer to Reserve Bank of Zimbabwe take?

There is no single delivery time for international payments: many arrive within a day. Transfers sent late in the day or on a weekend or public holiday usually start a business day later. Occasionally a bank wants to know what the payment is for before releasing it.

Many banks are connected to SWIFT gpi for faster and traceable payments. Every payment carries a unique transaction reference, the UETR that banks can use to trace it. Keep the payment confirmation.

Only the sending bank is able to request a trace or a recall – the recipient’s bank often cannot see a payment that has not arrived. As a recipient, it helps to look at your account to see a partial amount.

International transfers from Reserve Bank of Zimbabwe: the real cost

A bank transfer abroad costs rather more than the listed fee. On top of the transfer fee, banks in between can take a cut, and if the money changes currency, the bank usually applies a rate that is less favourable than the real market rate.

The markup on the rate tends to be the largest cost, and it is easy to miss. A simple test: set the rate you get against the mid-market rate and look at the difference.

Specialist money transfer services frequently offer a rate near the mid-market rate and lower fees. GoldexPay compares the amount that arrives across providers, which makes the cheapest option easy to spot. You can always keep your account at Reserve Bank of Zimbabwe, while a cheaper service handles the conversion.

Why Reserve Bank of Zimbabwe has an 8- and an 11-character code

Every SWIFT/BIC code starts with the same eight core characters: four letters for the bank, a two-letter country code and a two-character location code. Together, those parts form REBZZWHQ.

XXX at the end of REBZZWHQXXX does not stand for a placeholder or a mistake: it indicates the main office of Reserve Bank of Zimbabwe. Certain payment forms ask for 11 characters, and then you can enter XXX after REBZZWHQ.

Type the code in one piece, in capitals and without spaces, exactly as shown here. A wrong character can send the money to another bank.