SWIFT Code BEXADZAL042 — BANQUE EXTERIEURE D'ALGERIE, ANNABA

About SWIFT Code BEXADZAL042 — BANQUE EXTERIEURE D'ALGERIE, ANNABA

SWIFT code BEXADZAL042 is the official 11-character branch-specific BIC (Bank Identifier Code) for BANQUE EXTERIEURE D'ALGERIE in ANNABA, Algeria. 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 BANQUE EXTERIEURE D'ALGERIE for all outward international remittances from ANNABA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code BEXADZAL042

The code BEXADZAL042 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code BEXADZAL042

Receiving International Wire Transfers

To receive money from abroad at your BANQUE EXTERIEURE D'ALGERIE account in ANNABA, share SWIFT code BEXADZAL042 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 BANQUE EXTERIEURE D'ALGERIE, ANNABA must provide SWIFT code BEXADZAL042. 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 BANQUE EXTERIEURE D'ALGERIE in ANNABA rely on SWIFT code BEXADZAL042 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 BANQUE EXTERIEURE D'ALGERIE →

For cheque clearing or NACH mandates, use the MICR code for BANQUE EXTERIEURE D'ALGERIE →

For TDS challan deposits, find the BSR code for BANQUE EXTERIEURE D'ALGERIE →

How SWIFT Code BEXADZAL042 Routes an International Transfer

1. Initiation: The sender provides SWIFT code BEXADZAL042 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 BANQUE EXTERIEURE D'ALGERIE.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BANQUE EXTERIEURE D'ALGERIE receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code BEXADZAL042

• Spaces or lowercase letters — Always enter BEXADZAL042 uppercase with no spaces.
• Using the wrong city — This code is for ANNABA 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 Algeria.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm BEXADZAL042 directly with BANQUE EXTERIEURE D'ALGERIE's ANNABA branch or via the SWIFT BIC Directory.