SWIFT / BIC
SWIFT/BIC code of The International Bank of Azerbaijan Open Joint-Stock Company
IBAZAZ2X · Azerbaijan
- BIC, 8 characters
- IBAZAZ2X
- BIC, 11 characters
- IBAZAZ2XXXX
- Country
- Azerbaijan
- Address
- Nizami Street 67 Baku AZ1005 Azerbaijan
Source: ISO 9362 BIC registry, head-office codes only, no branch codes. Check the code with the bank before sending a large transfer.
How IBAZAZ2X is built
| Positions | Length | Meaning |
|---|---|---|
| 1–4 | 4 | IBAZ Bank code |
| 5–6 | 2 | AZ Country |
| 7–8 | 2 | 2X Location |
| 9–11 | 3 | XXX Branch · XXX or omitted = head office |
Other SWIFT codes in Azerbaijan
How to use IBAZAZ2X for a transfer
Give the sender two things: the BIC IBAZAZ2X (or IBAZAZ2XXXX if the form asks for 11 characters) and your account number at The International Bank of Azerbaijan Open Joint-Stock Company. In Azerbaijan the account number is the IBAN, 28 characters starting with AZ. Check both on your bank statement before sending a large amount: a wrong code delays the transfer or sends it back with fees.
The BIC (Business Identifier Code), commonly called SWIFT code, identifies a bank or institution in international payments. It has 8 or 11 characters: 4 letters for the institution, 2 for the country, 2 for the location, and an optional 3 for the branch. XXX, or no branch code at all, means the head office.
Questions
What is the SWIFT code of The International Bank of Azerbaijan Open Joint-Stock Company?
The SWIFT/BIC code of The International Bank of Azerbaijan Open Joint-Stock Company is IBAZAZ2X. In the 11-character form it is IBAZAZ2XXXX, where XXX stands for the head office.
Is IBAZAZ2X a SWIFT code or a BIC?
Both: BIC is the ISO 9362 name of the code, SWIFT the network that assigns it. IBAZAZ2X is the same code under either name.
Do I also need the IBAN to receive money at The International Bank of Azerbaijan Open Joint-Stock Company?
Azerbaijan uses the IBAN: the account number to give with the BIC is the IBAN, 28 characters long and starting with AZ. See the IBAN format of Azerbaijan.
Can I receive international transfers with iSwiss Pay?
Yes. The iSwiss Pay euro, US dollar and pound accounts each come with their own coordinates, including the BIC where applicable, and receive SWIFT and local transfers.
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