SWIFT Code UNRAIQBA — UNION BANK OF IRAQ, BAGHDAD

About SWIFT Code UNRAIQBA — UNION BANK OF IRAQ, BAGHDAD

SWIFT code UNRAIQBA is the official 8-character head-office BIC (Bank Identifier Code) for UNION BANK OF IRAQ in BAGHDAD, 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 UNION BANK OF IRAQ for all outward international remittances from BAGHDAD. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code UNRAIQBA

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

When to Use SWIFT Code UNRAIQBA

Receiving International Wire Transfers

To receive money from abroad at your UNION BANK OF IRAQ account in BAGHDAD, share SWIFT code UNRAIQBA 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 UNION BANK OF IRAQ, BAGHDAD must provide SWIFT code UNRAIQBA. 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 UNION BANK OF IRAQ in BAGHDAD rely on SWIFT code UNRAIQBA 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 UNION BANK OF IRAQ →

For cheque clearing or NACH mandates, use the MICR code for UNION BANK OF IRAQ →

For TDS challan deposits, find the BSR code for UNION BANK OF IRAQ →

How SWIFT Code UNRAIQBA Routes an International Transfer

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

Common Mistakes When Using SWIFT Code UNRAIQBA

• Spaces or lowercase letters — Always enter UNRAIQBA uppercase with no spaces.
• Using the wrong city — This code is for BAGHDAD 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 UNRAIQBA directly with UNION BANK OF IRAQ's BAGHDAD branch or via the SWIFT BIC Directory.