SWIFT Code ALBISAR1DAM — BANK AL BILAD, DAMMAM

About SWIFT Code ALBISAR1DAM — BANK AL BILAD, DAMMAM

SWIFT code ALBISAR1DAM is the official 11-character branch-specific BIC (Bank Identifier Code) for BANK AL BILAD in DAMMAM, Saudi Arabia. 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 BANK AL BILAD for all outward international remittances from DAMMAM. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code ALBISAR1DAM

The code ALBISAR1DAM follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code ALBISAR1DAM

Receiving International Wire Transfers

To receive money from abroad at your BANK AL BILAD account in DAMMAM, share SWIFT code ALBISAR1DAM 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 BANK AL BILAD, DAMMAM must provide SWIFT code ALBISAR1DAM. 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 BANK AL BILAD in DAMMAM rely on SWIFT code ALBISAR1DAM 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 BANK AL BILAD →

For cheque clearing or NACH mandates, use the MICR code for BANK AL BILAD →

For TDS challan deposits, find the BSR code for BANK AL BILAD →

How SWIFT Code ALBISAR1DAM Routes an International Transfer

1. Initiation: The sender provides SWIFT code ALBISAR1DAM 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 BANK AL BILAD.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BANK AL BILAD receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code ALBISAR1DAM

• Spaces or lowercase letters — Always enter ALBISAR1DAM uppercase with no spaces.
• Using the wrong city — This code is for DAMMAM 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 Saudi Arabia.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm ALBISAR1DAM directly with BANK AL BILAD's DAMMAM branch or via the SWIFT BIC Directory.