BANK OF ERITREA SWIFT code in Eritrea
The SWIFT code for BANK OF ERITREA is BOERERAIXXX. Check below for additional bank information and branch locations.
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What is the SWIFT code for BANK OF ERITREA?
| SWIFT code | BOERERAIXXX |
|---|---|
| SWIFT code (8 chr) | BOERERAI |
| Bank name | BANK OF ERITREA |
| Bank address | NAKFA STREET 175, ASMARA, ASMARA |
| Branch code | XXX |
| City | ASMARA |
| Country | Eritrea |
Example SWIFT code format
A SWIFT code is an 8 to 11-character identifier that includes letters and numbers representing the bank, country, and location. If there are extra characters, they specify a specific branch.
BOER
Bank Code
ER
Country Code
AI
Location Code
XXX
Branch Code
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Remitly FAQs
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What's the difference between SWIFT codes and BIC codes?
SWIFT and BIC codes are essentially the same. Both identify banks for secure international transactions. While "SWIFT code" is widely used, "BIC" is the official term financial institutions use. Both ensure your money reaches the correct destination safely. -
Do I need a SWIFT code to send money internationally?
Yes, you'll typically need a SWIFT code to send money internationally. The SWIFT code directs your transfer to the correct bank and branch, helping to ensure your funds reach the proper destination securely and without delay. When you use Remitly, you don't need to worry about SWIFT codes, and our network includes a wide range of banks and cash pickup options. -
Do all bank branches use the same SWIFT code?
No, SWIFT codes aren’t the same for all bank branches. Each branch usually has its own unique code to make sure your money gets to the right place. Using the correct SWIFT code for the specific branch you’re sending money to is important. -
Is it safe to send money online with Remitly?
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The ways you can receive money include cash pickup(opens in new window), mobile money(opens in new window), home delivery(opens in new window), debit card deposit(opens in new window), or directly to a bank account(opens in new window), depending on the recipient's location. It's important to let the sender know your preferred method. Your recipient doesn't need to sign up with Remitly to receive money. However, the sender must create a Remitly account(opens in new window) to send money.