SWIFT Code MIFRAEA1 — MAKASEB ISLAMIC FINANCIAL SERVICES LLC, ABU DHABI

About SWIFT Code MIFRAEA1 — MAKASEB ISLAMIC FINANCIAL SERVICES LLC, ABU DHABI

SWIFT code MIFRAEA1 is the official 8-character head-office BIC (Bank Identifier Code) for MAKASEB ISLAMIC FINANCIAL SERVICES LLC in ABU DHABI, 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 MAKASEB ISLAMIC FINANCIAL SERVICES LLC for all outward international remittances from ABU DHABI. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code MIFRAEA1

The code MIFRAEA1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code MIFRAEA1

Receiving International Wire Transfers

To receive money from abroad at your MAKASEB ISLAMIC FINANCIAL SERVICES LLC account in ABU DHABI, share SWIFT code MIFRAEA1 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 MAKASEB ISLAMIC FINANCIAL SERVICES LLC, ABU DHABI must provide SWIFT code MIFRAEA1. 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 MAKASEB ISLAMIC FINANCIAL SERVICES LLC in ABU DHABI rely on SWIFT code MIFRAEA1 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 MAKASEB ISLAMIC FINANCIAL SERVICES LLC →

For cheque clearing or NACH mandates, use the MICR code for MAKASEB ISLAMIC FINANCIAL SERVICES LLC →

For TDS challan deposits, find the BSR code for MAKASEB ISLAMIC FINANCIAL SERVICES LLC →

How SWIFT Code MIFRAEA1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code MIFRAEA1 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 MAKASEB ISLAMIC FINANCIAL SERVICES LLC.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: MAKASEB ISLAMIC FINANCIAL SERVICES LLC receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code MIFRAEA1

• Spaces or lowercase letters — Always enter MIFRAEA1 uppercase with no spaces.
• Using the wrong city — This code is for ABU DHABI 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 MIFRAEA1 directly with MAKASEB ISLAMIC FINANCIAL SERVICES LLC's ABU DHABI branch or via the SWIFT BIC Directory.