SWIFT / BIC
SWIFT/BIC code of Development Bank of Zambia
DEBZZML1 · Zambia
- BIC, 8 characters
- DEBZZML1
- BIC, 11 characters
- DEBZZML1XXX
- Country
- Zambia
- Address
- Katondo Road Lusaka Zambia
Source: ISO 9362 BIC registry, head-office codes only, no branch codes. Check the code with the bank before sending a large transfer.
How DEBZZML1 is built
| Positions | Length | Meaning |
|---|---|---|
| 1–4 | 4 | DEBZ Bank code |
| 5–6 | 2 | ZM Country |
| 7–8 | 2 | L1 Location |
| 9–11 | 3 | XXX Branch · XXX or omitted = head office |
How to use DEBZZML1 for a transfer
Give the sender two things: the BIC DEBZZML1 (or DEBZZML1XXX if the form asks for 11 characters) and your account number at Development Bank of Zambia. In Zambia 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 Development Bank of Zambia?
The SWIFT/BIC code of Development Bank of Zambia is DEBZZML1. In the 11-character form it is DEBZZML1XXX, where XXX stands for the head office.
Is DEBZZML1 a SWIFT code or a BIC?
Both: BIC is the ISO 9362 name of the code, SWIFT the network that assigns it. DEBZZML1 is the same code under either name.
Do I also need the IBAN to receive money at Development Bank of Zambia?
Zambia 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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