SWIFT Code AASRDZA1 — CAISSE ALGERIENNE D'ASSURANCE ET DE REASSURANCE, ALGIERS

About SWIFT Code AASRDZA1 — CAISSE ALGERIENNE D'ASSURANCE ET DE REASSURANCE, ALGIERS

SWIFT code AASRDZA1 is the official 8-character head-office BIC (Bank Identifier Code) for CAISSE ALGERIENNE D'ASSURANCE ET DE REASSURANCE in ALGIERS, 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 CAISSE ALGERIENNE D'ASSURANCE ET DE REASSURANCE for all outward international remittances from ALGIERS. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code AASRDZA1

The code AASRDZA1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code AASRDZA1

Receiving International Wire Transfers

To receive money from abroad at your CAISSE ALGERIENNE D'ASSURANCE ET DE REASSURANCE account in ALGIERS, share SWIFT code AASRDZA1 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 CAISSE ALGERIENNE D'ASSURANCE ET DE REASSURANCE, ALGIERS must provide SWIFT code AASRDZA1. 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 CAISSE ALGERIENNE D'ASSURANCE ET DE REASSURANCE in ALGIERS rely on SWIFT code AASRDZA1 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 CAISSE ALGERIENNE D'ASSURANCE ET DE REASSURANCE →

For cheque clearing or NACH mandates, use the MICR code for CAISSE ALGERIENNE D'ASSURANCE ET DE REASSURANCE →

For TDS challan deposits, find the BSR code for CAISSE ALGERIENNE D'ASSURANCE ET DE REASSURANCE →

How SWIFT Code AASRDZA1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code AASRDZA1 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 CAISSE ALGERIENNE D'ASSURANCE ET DE REASSURANCE.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: CAISSE ALGERIENNE D'ASSURANCE ET DE REASSURANCE receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code AASRDZA1

• Spaces or lowercase letters — Always enter AASRDZA1 uppercase with no spaces.
• Using the wrong city — This code is for ALGIERS 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 AASRDZA1 directly with CAISSE ALGERIENNE D'ASSURANCE ET DE REASSURANCE's ALGIERS branch or via the SWIFT BIC Directory.