SWIFT Code DEGAETAA — DEBUB GLOBAL BANK S.C, ADDIS ABEBA

About SWIFT Code DEGAETAA — DEBUB GLOBAL BANK S.C, ADDIS ABEBA

SWIFT code DEGAETAA is the official 8-character head-office BIC (Bank Identifier Code) for DEBUB GLOBAL BANK S.C in ADDIS ABEBA, Ethiopia. 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 DEBUB GLOBAL BANK S.C for all outward international remittances from ADDIS ABEBA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code DEGAETAA

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

When to Use SWIFT Code DEGAETAA

Receiving International Wire Transfers

To receive money from abroad at your DEBUB GLOBAL BANK S.C account in ADDIS ABEBA, share SWIFT code DEGAETAA 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 DEBUB GLOBAL BANK S.C, ADDIS ABEBA must provide SWIFT code DEGAETAA. 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 DEBUB GLOBAL BANK S.C in ADDIS ABEBA rely on SWIFT code DEGAETAA 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 DEBUB GLOBAL BANK S.C →

For cheque clearing or NACH mandates, use the MICR code for DEBUB GLOBAL BANK S.C →

For TDS challan deposits, find the BSR code for DEBUB GLOBAL BANK S.C →

How SWIFT Code DEGAETAA Routes an International Transfer

1. Initiation: The sender provides SWIFT code DEGAETAA 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 DEBUB GLOBAL BANK S.C.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: DEBUB GLOBAL BANK S.C receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code DEGAETAA

• Spaces or lowercase letters — Always enter DEGAETAA uppercase with no spaces.
• Using the wrong city — This code is for ADDIS ABEBA 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 Ethiopia.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm DEGAETAA directly with DEBUB GLOBAL BANK S.C's ADDIS ABEBA branch or via the SWIFT BIC Directory.