SWIFT Code IBTFAEAS — INVESTBANK, SHARJAH

About SWIFT Code IBTFAEAS — INVESTBANK, SHARJAH

SWIFT code IBTFAEAS is the official 8-character head-office BIC (Bank Identifier Code) for INVESTBANK in SHARJAH, 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 INVESTBANK for all outward international remittances from SHARJAH. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code IBTFAEAS

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

When to Use SWIFT Code IBTFAEAS

Receiving International Wire Transfers

To receive money from abroad at your INVESTBANK account in SHARJAH, share SWIFT code IBTFAEAS 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 INVESTBANK, SHARJAH must provide SWIFT code IBTFAEAS. 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 INVESTBANK in SHARJAH rely on SWIFT code IBTFAEAS 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 INVESTBANK →

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

For TDS challan deposits, find the BSR code for INVESTBANK →

How SWIFT Code IBTFAEAS Routes an International Transfer

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

Common Mistakes When Using SWIFT Code IBTFAEAS

• Spaces or lowercase letters — Always enter IBTFAEAS uppercase with no spaces.
• Using the wrong city — This code is for SHARJAH 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 IBTFAEAS directly with INVESTBANK's SHARJAH branch or via the SWIFT BIC Directory.