SWIFT Code NDEVBFB1 — BANQUE NATIONALE DE DEVELOPPEMENT, OUAGADOUGOU

About SWIFT Code NDEVBFB1 — BANQUE NATIONALE DE DEVELOPPEMENT, OUAGADOUGOU

SWIFT code NDEVBFB1 is the official 8-character head-office BIC (Bank Identifier Code) for BANQUE NATIONALE DE DEVELOPPEMENT in OUAGADOUGOU, Burkina Faso. 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 DE DEVELOPPEMENT for all outward international remittances from OUAGADOUGOU. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code NDEVBFB1

The code NDEVBFB1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code NDEVBFB1

Receiving International Wire Transfers

To receive money from abroad at your BANQUE NATIONALE DE DEVELOPPEMENT account in OUAGADOUGOU, share SWIFT code NDEVBFB1 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 DE DEVELOPPEMENT, OUAGADOUGOU must provide SWIFT code NDEVBFB1. 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 DE DEVELOPPEMENT in OUAGADOUGOU rely on SWIFT code NDEVBFB1 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 DE DEVELOPPEMENT →

For cheque clearing or NACH mandates, use the MICR code for BANQUE NATIONALE DE DEVELOPPEMENT →

For TDS challan deposits, find the BSR code for BANQUE NATIONALE DE DEVELOPPEMENT →

How SWIFT Code NDEVBFB1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code NDEVBFB1 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 DE DEVELOPPEMENT.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BANQUE NATIONALE DE DEVELOPPEMENT receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code NDEVBFB1

• Spaces or lowercase letters — Always enter NDEVBFB1 uppercase with no spaces.
• Using the wrong city — This code is for OUAGADOUGOU 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 Burkina Faso.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm NDEVBFB1 directly with BANQUE NATIONALE DE DEVELOPPEMENT's OUAGADOUGOU branch or via the SWIFT BIC Directory.