BJAZSAJE002

BANK AL-JAZIRA
Key information for BANK AL-JAZIRA
  • SWIFT Code BJAZSAJE002
  • Bank BANK AL-JAZIRA
  • Address
  • Money Transfer Use Wise for cheaper SWIFT payments.

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Detailed information about SWIFT code BJAZSAJE002
SWIFT Code BJAZSAJE002
Bank Name BANK AL-JAZIRA
Address
City JEDDAH
Branch HEAD OFFICE
Postcode
Country Saudi Arabia
Connection Active
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BJAZSAJE002 - SWIFT Code Breakdown

SWIFT Code
BJAZSAJE002
Bank Code
BJAZ - code assigned to BANK AL-JAZIRA
Country Code
SA - code belongs to Saudi Arabia
Location & Status
JE - represents location, second digit 'E' means active code
Branch Code
002 - indicates this is a branch office

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What is a SWIFT Code?

A SWIFT Code is a standard format of Bank Identifier Code (BIC) used to specify a particular bank or branch. These codes are used when transferring money between banks, particularly for international wire transfers. Banks also use these codes for exchanging messages between them.

SWIFT codes comprise of 8 or 11 characters. All 11 digit codes refer to specific branches, while 8 digit codes (or those ending in 'XXX') refer to the head or primary office. SWIFT codes are formatted as follows:

AAAA BB CC DDD

  • First 4 characters - bank code (only letters)
  • Next 2 characters - ISO 3166-1 alpha-2 country code (only letters)
  • Next 2 characters - location code, passive participant will have "1" in the second character (letters and digits)
  • Last 3 characters - branch code, optional - 'XXX' for primary office (letters and digits)
The registrations of SWIFT codes are handled by Society for Worldwide Interbank Financial Telecommunication (SWIFT) and their headquarters is located in La Hulpe, Belgium. SWIFT is the registered trademark of S.W.I.F.T. SCRL with a registered address at Avenue Adèle 1, B-1310 La Hulpe, Belgium.

The downside of international transfers with your bank

When you send or receive money using your bank, you might lose out on a bad exchange rate and pay hidden fees as a result. That's because the banks still use an old system to exchange money. We recommend you use Wise (formerly TransferWise), which is usually much cheaper. With their smart technology:

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Frequently Asked Questions

What is a SWIFT code?

A SWIFT code is a unique identifier for a bank or financial institution. SWIFT codes are also known as BIC codes, which stands for "Business Identifier Code".

SWIFT codes are used to move money around the world via international bank transfers. For instance, if you want to send money to BANK AL-JAZIRA, you would need the SWIFT code BJAZSAJE002, plus the recipient's IBAN number.

Are there other SWIFT codes for BANK AL-JAZIRA?

Often one financial institution will have several SWIFT codes representing different branches. Always double-check with the recipient before sending money that you have the right SWIFT code, as financial institutions may have several different SWIFT codes that differ by just a few letters or numbers.

How do I save money on international bank transfers?

With Wise, you can save up to 6x on international money transfers. Send money internationally at the real exchange rate with no hidden fees. Over 15 million people use Wise to move money around the world.