SWIFT Code ADAIBSF1 — ADANAC INVESTMENT CO LTD., FREEPORT

About SWIFT Code ADAIBSF1 — ADANAC INVESTMENT CO LTD., FREEPORT

SWIFT code ADAIBSF1 is the official 8-character head-office BIC (Bank Identifier Code) for ADANAC INVESTMENT CO LTD. in FREEPORT, Bahamas. 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 ADANAC INVESTMENT CO LTD. for all outward international remittances from FREEPORT. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code ADAIBSF1

The code ADAIBSF1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code ADAIBSF1

Receiving International Wire Transfers

To receive money from abroad at your ADANAC INVESTMENT CO LTD. account in FREEPORT, share SWIFT code ADAIBSF1 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 ADANAC INVESTMENT CO LTD., FREEPORT must provide SWIFT code ADAIBSF1. 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 ADANAC INVESTMENT CO LTD. in FREEPORT rely on SWIFT code ADAIBSF1 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 ADANAC INVESTMENT CO LTD. →

For cheque clearing or NACH mandates, use the MICR code for ADANAC INVESTMENT CO LTD. →

For TDS challan deposits, find the BSR code for ADANAC INVESTMENT CO LTD. →

How SWIFT Code ADAIBSF1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code ADAIBSF1 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 ADANAC INVESTMENT CO LTD..
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: ADANAC INVESTMENT CO LTD. receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code ADAIBSF1

• Spaces or lowercase letters — Always enter ADAIBSF1 uppercase with no spaces.
• Using the wrong city — This code is for FREEPORT 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 Bahamas.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm ADAIBSF1 directly with ADANAC INVESTMENT CO LTD.'s FREEPORT branch or via the SWIFT BIC Directory.