SWIFT Code SBHQSARR — SAUDI BASIC INDUSTRIES CORPORATION (SABIC), RIYADH

About SWIFT Code SBHQSARR — SAUDI BASIC INDUSTRIES CORPORATION (SABIC), RIYADH

SWIFT code SBHQSARR is the official 8-character head-office BIC (Bank Identifier Code) for SAUDI BASIC INDUSTRIES CORPORATION (SABIC) in RIYADH, 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 SAUDI BASIC INDUSTRIES CORPORATION (SABIC) for all outward international remittances from RIYADH. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code SBHQSARR

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

When to Use SWIFT Code SBHQSARR

Receiving International Wire Transfers

To receive money from abroad at your SAUDI BASIC INDUSTRIES CORPORATION (SABIC) account in RIYADH, share SWIFT code SBHQSARR 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 SAUDI BASIC INDUSTRIES CORPORATION (SABIC), RIYADH must provide SWIFT code SBHQSARR. 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 SAUDI BASIC INDUSTRIES CORPORATION (SABIC) in RIYADH rely on SWIFT code SBHQSARR 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 SAUDI BASIC INDUSTRIES CORPORATION (SABIC) →

For cheque clearing or NACH mandates, use the MICR code for SAUDI BASIC INDUSTRIES CORPORATION (SABIC) →

For TDS challan deposits, find the BSR code for SAUDI BASIC INDUSTRIES CORPORATION (SABIC) →

How SWIFT Code SBHQSARR Routes an International Transfer

1. Initiation: The sender provides SWIFT code SBHQSARR 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 SAUDI BASIC INDUSTRIES CORPORATION (SABIC).
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: SAUDI BASIC INDUSTRIES CORPORATION (SABIC) receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code SBHQSARR

• Spaces or lowercase letters — Always enter SBHQSARR uppercase with no spaces.
• Using the wrong city — This code is for RIYADH 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 SBHQSARR directly with SAUDI BASIC INDUSTRIES CORPORATION (SABIC)'s RIYADH branch or via the SWIFT BIC Directory.