SWIFT Code NABEAEA1 — NASIM AL BARARI EXCHANGE, DUBAI

About SWIFT Code NABEAEA1 — NASIM AL BARARI EXCHANGE, DUBAI

SWIFT code NABEAEA1 is the official 8-character head-office BIC (Bank Identifier Code) for NASIM AL BARARI 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 NASIM AL BARARI 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 NABEAEA1

The code NABEAEA1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code NABEAEA1

Receiving International Wire Transfers

To receive money from abroad at your NASIM AL BARARI EXCHANGE account in DUBAI, share SWIFT code NABEAEA1 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 NASIM AL BARARI EXCHANGE, DUBAI must provide SWIFT code NABEAEA1. 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 NASIM AL BARARI EXCHANGE in DUBAI rely on SWIFT code NABEAEA1 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 NASIM AL BARARI EXCHANGE →

For cheque clearing or NACH mandates, use the MICR code for NASIM AL BARARI EXCHANGE →

For TDS challan deposits, find the BSR code for NASIM AL BARARI EXCHANGE →

How SWIFT Code NABEAEA1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code NABEAEA1 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 NASIM AL BARARI EXCHANGE.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: NASIM AL BARARI EXCHANGE receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code NABEAEA1

• Spaces or lowercase letters — Always enter NABEAEA1 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 NABEAEA1 directly with NASIM AL BARARI EXCHANGE's DUBAI branch or via the SWIFT BIC Directory.