ABSA Bank Swift Code: Queensway Branch Kenya Details
What is a SWIFT Code?
What is a SWIFT code?
A SWIFT code is a unique identifier for a bank or financial institution. SWIFT codes are also known as BIC codes, which stands for Business Identifier Code. SWIFT codes are used to move money around the world via international bank transfers; For instance, if you want to send money to ABSA BANK KENYA PLC, you would need the SWIFT code BARCKENX, plus the recipients IBAN number.
Why are SWIFT codes used?
Banks also used the codes for exchanging other messages between them. Basically, a Swift code consists of 8 or . In case of , it automatically refers to the head office of a bank. ... DDD Last branch code, this is optional. BARCKENX is the Absa Bank Kenya...
What is a SWIFT code?
A SWIFT code is a unique identifier for a bank or financial institution. SWIFT codes are also known as BIC codes, which stands for Business Identifier Code. SWIFT codes are used to move money around the world via international bank transfers. For instance, if you want to send money to ABSA BANK KENYA PLC, you would need the SWIFT code BARCKENX, plus the recipients IBAN number. The SWIFT code is typically 8 or long and is made up of a bank code, country code, location code, and optional branch code. The first identify the bank and its location, while the last , if present, identify a specific branch of the bank. For example, the SWIFT code BARCKENXNCC identifies a branch of ABSA BANK KENYA PLC, while the code BARCKENX identifies the bank's head office.
Why are SWIFT codes used?
SWIFT codes are essential for international bank transfers because they provide a standardized way for banks to identify each other and communicate securely. When you initiate an international transfer, your bank uses the recipient's SWIFT code to route the funds to the correct bank and branch. The SWIFT code ensures that the money arrives at the intended destination quickly and efficiently. Without a SWIFT code, it would be impossible for banks to process international transfers reliably, as there would be no way to guarantee that the funds are being sent to the correct institution. SWIFT codes also play a vital role in facilitating other financial transactions, such as foreign exchange payments and trade finance.
ABSA Bank Kenya SWIFT Codes
ABSA Bank Kenya PLC is a leading financial institution in Kenya, offering a wide range of banking services. The bank has numerous branches throughout the country, each with its own unique SWIFT code.
What is the general SWIFT code for ABSA Bank Kenya?
The general SWIFT code for ABSA Bank Kenya PLC is BARCKENX. This code is long, which means it represents the head office of the bank. If you are sending money to the head office of ABSA Bank Kenya, you would use this SWIFT code. However, if you are sending money to a specific branch of the bank, you would need to use the branch-specific SWIFT code. The branch-specific SWIFT code will be long and will include the bank's head office SWIFT code, followed by a three-character branch code. For example, the SWIFT code for the Queensway House branch of ABSA Bank Kenya is BARCKENXNCC. The last three characters, NCC, identify the Queensway House branch.
How to find the SWIFT code for a specific branch
Finding the SWIFT code for a specific branch of ABSA Bank Kenya is relatively straightforward. You can find this information on the bank's website, or by contacting the branch directly. The bank's website will typically have a section listing all of its branches, along with their respective SWIFT codes. Alternatively, you can call the branch and ask for the SWIFT code. If you are sending money to a branch of ABSA Bank Kenya, it is essential to use the correct SWIFT code. Using the wrong code could result in your funds being sent to the wrong destination, which could lead to delays and additional fees. Therefore, it is always best to double-check the SWIFT code before initiating any international transfer.
Understanding SWIFT Code Structure
SWIFT codes are structured in a specific format, which helps to ensure that they are unique and easily identifiable.
Breakdown of SWIFT code components
A SWIFT code is made up of 8 or , and each character has a specific meaning. The first represent the bank code, which is always a combination of letters. The next represent the country code, which is also a combination of letters. For example, the country code for Kenya is KE. The following represent the location code, which can be a combination of letters and numbers. The last , if present, represent the branch code, which is also a combination of letters and numbers. For example, the SWIFT code BARCKENXNCC can be broken down as follows⁚ BARC represents the bank code, KE represents the country code, NX represents the location code, and NCC represents the branch code.
What do the last three digits signify?
The last three digits of a SWIFT code, if present, signify the branch code. This code identifies a specific branch of the bank. For example, the SWIFT code BARCKENXNCC includes the branch code NCC, which identifies the Queensway House branch of ABSA Bank Kenya. Not all SWIFT codes include a branch code. If the SWIFT code is only long, it represents the head office of the bank. In this case, the last three digits are omitted. For example, the SWIFT code BARCKENX represents the head office of ABSA Bank Kenya. The branch code is optional and is only used to identify specific branches of the bank.
ABSA Bank Kenya Branch Codes
ABSA Bank Kenya has a number of branches throughout the country, each with its own unique branch code.
List of ABSA Bank Kenya branch codes
Here is a list of some of the ABSA Bank Kenya branch codes, along with their corresponding branch names⁚
- BARCKENXELD ─ Eldoret Branch
- BARCKENXMDR ⸺ Digo Road Mombasa Branch
- BARCKENXNCC ─ Card Centre Nairobi Branch
- BARCKENXMNR ⸺ Mnarani Branch
- BARCKENXPIS ⸺ Pioneer House Branch
- BARCKENXCBO ⸺ CBD Branch
- BARCKENXTPC ⸺ Thika Branch
- BARCKENXNDC ⸺ Ndeiya Branch
Queensway House Branch Code
The Queensway House branch of ABSA Bank Kenya has the SWIFT code BARCKENXNCC. This code is long and includes the bank code BARC, the country code KE, the location code NX, and the branch code NCC. The branch code NCC is specific to the Queensway House branch and is used to distinguish it from other branches of ABSA Bank Kenya. If you are sending money to the Queensway House branch of ABSA Bank Kenya, you will need to use this SWIFT code to ensure that your funds are routed correctly.
Additional Information
It is important to verify the correct SWIFT code with the bank or recipient before sending or receiving any money.
How to verify the correct SWIFT code
It is always best to verify the correct SWIFT code before initiating an international transfer. You can do this by contacting the recipient bank directly or by checking the bank's website. The recipient bank will be able to confirm the correct SWIFT code for their branch. You can also use an online SWIFT code checker, but it is always best to confirm the information with the bank directly. Make sure that you are using the correct SWIFT code for the specific branch of the bank that you are sending money to. Using the wrong SWIFT code could result in your funds being sent to the wrong destination, which could lead to delays and additional fees.
Where to find more information about ABSA Bank Kenya
For more information about ABSA Bank Kenya, including branch locations, contact information, and services offered, you can visit the bank's website. The bank's website provides a comprehensive overview of its operations and services. You can also find information about ABSA Bank Kenya on other websites, such as financial news sites and online banking directories. If you have specific questions about ABSA Bank Kenya, you can contact the bank directly by phone or email. The bank's customer service representatives will be able to assist you with any inquiries you may have.
Tags: Kenya,
Similar posts:
- ABSA Bank Uganda: Account Types and Benefits
- Find the SWIFT Code for ABSA South Africa: A Detailed Guide
- ABSA Bank Kenya SWIFT Code: Everything You Need to Know
- Understanding Bank of Ghana Dollar Exchange Rates
- Discover the Most Beautiful Ladies in Africa
- African Turtle Pet: Caring for Your Reptilian Friend
- London to Mauritius Flight Duration: How Long Does It Take?
- Find Your Perfect Home: Homes for Rent in Nairobi, Kenya
Share This Page