ARAB BANK PLC, BIC/SWIFT Code Details
Address: 119 GRAND HAMAD AVENUE DOHA, 172 QATAR
General instructions for international payments to banks in QATAR:
Information required by the Beneficiary: Remitter should obtain all required bank information from the Beneficiary (e.g., SWIFT BIC, IBAN, and beneficiary bank address).
Payment Formatting Rules for QAR:
Beneficiary Bank (SWIFT MT103 F57): Include SWIFT BIC with branch identifier (where required), full name, and address of the beneficiary bank. SWIFT BIC is key to routing payments to the beneficiary bank (SWIFT BIC is 8 or 11 alphanumeric characters: xxxxQAxx or xxxxQAxxxxx).
Reason for Payment (SWIFT MT103 F70): Purpose of payment is recommended.
Additional Information: The local market is closed on Fridays.
IBAN: In Qatar, the IBAN consists of 29 characters. The structure is QA2!n4!a21!c, which includes the country code 'QA', followed by a two-digit check number, four alphanumeric bank code characters, and a 21-character account number. Example of electronic format: QA98ABCD12345678912345ABCDEFG. Print Format Example: QA98 ABCD 1234 5678 9123 45AB CDEF G.
Standard Settlement Instructions (SSI) contain the list of correspondent banks of ARAB BANK PLC for each currency.
To track a SWIFT cross-border payment to or from ARAB BANK PLC, you need a UETR code, reference number, amount, payment date, and currency. This information is typically found in an MT103 form.
We are doing our best to demystify cross-border payments, however TrackMySwift is not responsible for any delays or losses related to usage of the information and services from our web site. Please contact your banks to receive a safe advise. Country-specific payment instructions have been prepared based on Global Wires Payments Formatting Requirements Guide from J.P.Morgan.