SWIFT Code KIBIIQBASUL — KURDISTAN INTERNATIONAL BANK, SULAYMINYA

About SWIFT Code KIBIIQBASUL — KURDISTAN INTERNATIONAL BANK, SULAYMINYA

SWIFT code KIBIIQBASUL is the official 11-character branch-specific BIC (Bank Identifier Code) for KURDISTAN INTERNATIONAL BANK 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 KURDISTAN INTERNATIONAL BANK 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 KIBIIQBASUL

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

When to Use SWIFT Code KIBIIQBASUL

Receiving International Wire Transfers

To receive money from abroad at your KURDISTAN INTERNATIONAL BANK account in SULAYMINYA, share SWIFT code KIBIIQBASUL 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 KURDISTAN INTERNATIONAL BANK, SULAYMINYA must provide SWIFT code KIBIIQBASUL. 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 KURDISTAN INTERNATIONAL BANK in SULAYMINYA rely on SWIFT code KIBIIQBASUL 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 KURDISTAN INTERNATIONAL BANK →

For cheque clearing or NACH mandates, use the MICR code for KURDISTAN INTERNATIONAL BANK →

For TDS challan deposits, find the BSR code for KURDISTAN INTERNATIONAL BANK →

How SWIFT Code KIBIIQBASUL Routes an International Transfer

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

Common Mistakes When Using SWIFT Code KIBIIQBASUL

• Spaces or lowercase letters — Always enter KIBIIQBASUL 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 KIBIIQBASUL directly with KURDISTAN INTERNATIONAL BANK's SULAYMINYA branch or via the SWIFT BIC Directory.