SWIFT Code STANALT1KOX — BANK OF ALBANIA, KORCE

About SWIFT Code STANALT1KOX — BANK OF ALBANIA, KORCE

SWIFT code STANALT1KOX is the official 11-character branch-specific BIC (Bank Identifier Code) for BANK OF ALBANIA in KORCE, Albania. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by BANK OF ALBANIA for all outward international remittances from KORCE. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code STANALT1KOX

The code STANALT1KOX follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code STANALT1KOX

Receiving International Wire Transfers

To receive money from abroad at your BANK OF ALBANIA account in KORCE, share SWIFT code STANALT1KOX with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at BANK OF ALBANIA, KORCE must provide SWIFT code STANALT1KOX. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using BANK OF ALBANIA in KORCE rely on SWIFT code STANALT1KOX for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for BANK OF ALBANIA →

For cheque clearing or NACH mandates, use the MICR code for BANK OF ALBANIA →

For TDS challan deposits, find the BSR code for BANK OF ALBANIA →

How SWIFT Code STANALT1KOX Routes an International Transfer

1. Initiation: The sender provides SWIFT code STANALT1KOX and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to BANK OF ALBANIA.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BANK OF ALBANIA receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code STANALT1KOX

• Spaces or lowercase letters — Always enter STANALT1KOX uppercase with no spaces.
• Using the wrong city — This code is for KORCE only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within Albania.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm STANALT1KOX directly with BANK OF ALBANIA's KORCE branch or via the SWIFT BIC Directory.