SWIFT / BIC
SWIFT/BIC code of Saambou Bank LTD, C/0 Finex
SAABZAJ1 · South Africa
- BIC, 8 characters
- SAABZAJ1
- BIC, 11 characters
- SAABZAJ1XXX
- Country
- South Africa
- Address
- Saambou Park Alkantrant Road Lynwood Ridge Pretoria Pretoria 0005 South Africa
Source: ISO 9362 BIC registry, head-office codes only, no branch codes. Check the code with the bank before sending a large transfer.
How SAABZAJ1 is built
| Positions | Length | Meaning |
|---|---|---|
| 1–4 | 4 | SAAB Bank code |
| 5–6 | 2 | ZA Country |
| 7–8 | 2 | J1 Location |
| 9–11 | 3 | XXX Branch · XXX or omitted = head office |
Other SWIFT codes in South Africa
How to use SAABZAJ1 for a transfer
Give the sender two things: the BIC SAABZAJ1 (or SAABZAJ1XXX if the form asks for 11 characters) and your account number at Saambou Bank LTD, C/0 Finex. In South Africa the account number is the local one shown on the statement. 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 Saambou Bank LTD, C/0 Finex?
The SWIFT/BIC code of Saambou Bank LTD, C/0 Finex is SAABZAJ1. In the 11-character form it is SAABZAJ1XXX, where XXX stands for the head office.
Is SAABZAJ1 a SWIFT code or a BIC?
Both: BIC is the ISO 9362 name of the code, SWIFT the network that assigns it. SAABZAJ1 is the same code under either name.
Do I also need the IBAN to receive money at Saambou Bank LTD, C/0 Finex?
South Africa does not use the IBAN: give the BIC together with the local account number as shown on the statement.
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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