SWIFT Code BYBAIQBASUL — BYBLOS BANK SAL IRAQ, SULAYMINYA

About SWIFT Code BYBAIQBASUL — BYBLOS BANK SAL IRAQ, SULAYMINYA

SWIFT code BYBAIQBASUL is the official 11-character branch-specific BIC (Bank Identifier Code) for BYBLOS BANK SAL IRAQ in SULAYMINYA, Iraq. 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 BYBLOS BANK SAL IRAQ for all outward international remittances from SULAYMINYA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code BYBAIQBASUL

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

When to Use SWIFT Code BYBAIQBASUL

Receiving International Wire Transfers

To receive money from abroad at your BYBLOS BANK SAL IRAQ account in SULAYMINYA, share SWIFT code BYBAIQBASUL 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 BYBLOS BANK SAL IRAQ, SULAYMINYA must provide SWIFT code BYBAIQBASUL. 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 BYBLOS BANK SAL IRAQ in SULAYMINYA rely on SWIFT code BYBAIQBASUL 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 BYBLOS BANK SAL IRAQ →

For cheque clearing or NACH mandates, use the MICR code for BYBLOS BANK SAL IRAQ →

For TDS challan deposits, find the BSR code for BYBLOS BANK SAL IRAQ →

How SWIFT Code BYBAIQBASUL Routes an International Transfer

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

Common Mistakes When Using SWIFT Code BYBAIQBASUL

• Spaces or lowercase letters — Always enter BYBAIQBASUL uppercase with no spaces.
• Using the wrong city — This code is for SULAYMINYA 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 Iraq.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm BYBAIQBASUL directly with BYBLOS BANK SAL IRAQ's SULAYMINYA branch or via the SWIFT BIC Directory.