SWIFT Code BNALDZAL704 — BANQUE NATIONALE D'ALGERIE, SETIF

About SWIFT Code BNALDZAL704 — BANQUE NATIONALE D'ALGERIE, SETIF

SWIFT code BNALDZAL704 is the official 11-character branch-specific BIC (Bank Identifier Code) for BANQUE NATIONALE D'ALGERIE in SETIF, 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 NATIONALE D'ALGERIE for all outward international remittances from SETIF. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code BNALDZAL704

The code BNALDZAL704 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code BNALDZAL704

Receiving International Wire Transfers

To receive money from abroad at your BANQUE NATIONALE D'ALGERIE account in SETIF, share SWIFT code BNALDZAL704 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 NATIONALE D'ALGERIE, SETIF must provide SWIFT code BNALDZAL704. 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 NATIONALE D'ALGERIE in SETIF rely on SWIFT code BNALDZAL704 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 NATIONALE D'ALGERIE →

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

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

How SWIFT Code BNALDZAL704 Routes an International Transfer

1. Initiation: The sender provides SWIFT code BNALDZAL704 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 NATIONALE D'ALGERIE.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BANQUE NATIONALE D'ALGERIE receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code BNALDZAL704

• Spaces or lowercase letters — Always enter BNALDZAL704 uppercase with no spaces.
• Using the wrong city — This code is for SETIF 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 BNALDZAL704 directly with BANQUE NATIONALE D'ALGERIE's SETIF branch or via the SWIFT BIC Directory.