SWIFT Code HREXAEAD — HORIZON EXCHANGE, DUBAI

About SWIFT Code HREXAEAD — HORIZON EXCHANGE, DUBAI

SWIFT code HREXAEAD is the official 8-character head-office BIC (Bank Identifier Code) for HORIZON EXCHANGE in DUBAI, United Arab Emirates. 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 HORIZON EXCHANGE for all outward international remittances from DUBAI. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code HREXAEAD

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

When to Use SWIFT Code HREXAEAD

Receiving International Wire Transfers

To receive money from abroad at your HORIZON EXCHANGE account in DUBAI, share SWIFT code HREXAEAD 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 HORIZON EXCHANGE, DUBAI must provide SWIFT code HREXAEAD. 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 HORIZON EXCHANGE in DUBAI rely on SWIFT code HREXAEAD 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 HORIZON EXCHANGE →

For cheque clearing or NACH mandates, use the MICR code for HORIZON EXCHANGE →

For TDS challan deposits, find the BSR code for HORIZON EXCHANGE →

How SWIFT Code HREXAEAD Routes an International Transfer

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

Common Mistakes When Using SWIFT Code HREXAEAD

• Spaces or lowercase letters — Always enter HREXAEAD uppercase with no spaces.
• Using the wrong city — This code is for DUBAI 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 United Arab Emirates.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm HREXAEAD directly with HORIZON EXCHANGE's DUBAI branch or via the SWIFT BIC Directory.