bancabc swift code zimbabwe

By | January 10, 2023

BancABC Zimbabwe is a full service bank that provides a wide range of products and services to its customers. The bank is a subsidiary of the African banking group, Atlas Mara, and is based in Harare, Zimbabwe. It has a network of branches covering all major cities and towns in the country.

BancABC Zimbabwe is a member of the Society for Worldwide Interbank Financial Telecommunication (SWIFT), which is a secure network used by banks, financial institutions and corporations to send and receive messages. This facilitates the electronic transfer of funds all over the world.

Each bank that is a member of SWIFT has a unique SWIFT code which is used to identify the institution. BancABC Zimbabwe’s SWIFT code is BANCZWHX. This code is used for all transactions that involve the bank, such as sending and receiving funds, making payments and requesting balance information.

The SWIFT code is made up of 8 characters, which can also be divided into 3 parts. The first four characters identify the bank’s name, the next two characters specify the country where the bank is located, and the last two characters identify the specific branch within the bank.

In the case of BancABC Zimbabwe, the first four characters are ‘BANC’, which stand for the bank’s name. The next two characters are ‘ZW’, which stand for Zimbabwe. The last two characters are ‘HX’, which stand for the Harare branch of the bank.

When making an international payment, it is important to include the recipient’s SWIFT code to ensure that the payment is received by the right institution. It is also important to provide the correct account number, branch code and address of the recipient.

BancABC Zimbabwe’s SWIFT code is an essential tool for customers who need to transfer funds or make payments abroad. It is also used to receive funds from abroad. The bank’s SWIFT code is also used to verify the identity of customers and to protect their financial data.

BancABC customers should always ensure that they use the correct SWIFT code when making international payments or receiving funds from abroad. It is important to double-check the code before making a payment to avoid any delays or errors.

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