SWIFT Code IDESARB1 — BANCO INTERAMERICANO DE DESARROLLO, BUENOS AIRES

About SWIFT Code IDESARB1 — BANCO INTERAMERICANO DE DESARROLLO, BUENOS AIRES

SWIFT code IDESARB1 is the official 8-character head-office BIC (Bank Identifier Code) for BANCO INTERAMERICANO DE DESARROLLO in BUENOS AIRES, Argentina. 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 BANCO INTERAMERICANO DE DESARROLLO for all outward international remittances from BUENOS AIRES. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code IDESARB1

The code IDESARB1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code IDESARB1

Receiving International Wire Transfers

To receive money from abroad at your BANCO INTERAMERICANO DE DESARROLLO account in BUENOS AIRES, share SWIFT code IDESARB1 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 BANCO INTERAMERICANO DE DESARROLLO, BUENOS AIRES must provide SWIFT code IDESARB1. 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 BANCO INTERAMERICANO DE DESARROLLO in BUENOS AIRES rely on SWIFT code IDESARB1 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 BANCO INTERAMERICANO DE DESARROLLO →

For cheque clearing or NACH mandates, use the MICR code for BANCO INTERAMERICANO DE DESARROLLO →

For TDS challan deposits, find the BSR code for BANCO INTERAMERICANO DE DESARROLLO →

How SWIFT Code IDESARB1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code IDESARB1 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 BANCO INTERAMERICANO DE DESARROLLO.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BANCO INTERAMERICANO DE DESARROLLO receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code IDESARB1

• Spaces or lowercase letters — Always enter IDESARB1 uppercase with no spaces.
• Using the wrong city — This code is for BUENOS AIRES 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 Argentina.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm IDESARB1 directly with BANCO INTERAMERICANO DE DESARROLLO's BUENOS AIRES branch or via the SWIFT BIC Directory.