SWIFT Code FXAFBWG1 — FX AFRICA (BOTSWANA) PTY LTD, GABORONE

About SWIFT Code FXAFBWG1 — FX AFRICA (BOTSWANA) PTY LTD, GABORONE

SWIFT code FXAFBWG1 is the official 8-character head-office BIC (Bank Identifier Code) for FX AFRICA (BOTSWANA) PTY LTD in GABORONE, Botswana. 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 FX AFRICA (BOTSWANA) PTY LTD for all outward international remittances from GABORONE. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code FXAFBWG1

The code FXAFBWG1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code FXAFBWG1

Receiving International Wire Transfers

To receive money from abroad at your FX AFRICA (BOTSWANA) PTY LTD account in GABORONE, share SWIFT code FXAFBWG1 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 FX AFRICA (BOTSWANA) PTY LTD, GABORONE must provide SWIFT code FXAFBWG1. 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 FX AFRICA (BOTSWANA) PTY LTD in GABORONE rely on SWIFT code FXAFBWG1 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 FX AFRICA (BOTSWANA) PTY LTD →

For cheque clearing or NACH mandates, use the MICR code for FX AFRICA (BOTSWANA) PTY LTD →

For TDS challan deposits, find the BSR code for FX AFRICA (BOTSWANA) PTY LTD →

How SWIFT Code FXAFBWG1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code FXAFBWG1 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 FX AFRICA (BOTSWANA) PTY LTD.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: FX AFRICA (BOTSWANA) PTY LTD receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code FXAFBWG1

• Spaces or lowercase letters — Always enter FXAFBWG1 uppercase with no spaces.
• Using the wrong city — This code is for GABORONE 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 Botswana.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm FXAFBWG1 directly with FX AFRICA (BOTSWANA) PTY LTD's GABORONE branch or via the SWIFT BIC Directory.