Swift Code / BIC (Bank Identifier Code) Details for ARABPS22COT

ARABPS22COT is the swift code for (CENTRALIZED OUTWARD TRANSFERS DEPT.) Branch of ARAB BANK PLC Bank in RAMALLAH Palestine. The Branch Code for this swift code is COT. This swift code belongs to a financial institution.

Swift Code is also known as SWIFT-BIC, BIC (Bank Identifier Code), or SWIFT ID. Bank Identifier Code or BIC for ARAB BANK PLC (CENTRALIZED OUTWARD TRANSFERS DEPT.) is also ARABPS22COT .

Swift Code / BIC (Bank Identifier Code)
Bank ARAB BANK PLC
Branch (CENTRALIZED OUTWARD TRANSFERS DEPT.)
City RAMALLAH
Country Palestine Palestine
Branch Code COT
Address Al Masyoon ARAB BANK Regional Management 1476 RAMALLAH PALESTINE, STATE OF
Postal Code 1476
Type of institution Financial Institution

What is a SWIFT Code / BIC (Bank Identifier Code)

Swift Code is a unique identification code for a particular bank. It is a standard format for Business Identifier Codes (BICs, previously known as Bank Identifier Codes). It is technically used to identify banks and financial institutions globally distinctively - it says who and where they are. People use these codes to transfer money within banks for international wire transfers (the reason you're probably here looking up for info). SWIFT codes and BIC codes are same and the terms are interchangeable.


Parts of Swift Code ARABPS22COT

Swift codes are usually formed of 8 (or) 11 characters. You can understand that a swift code or BIC refers to a primary office when it's formatted in an 8-digit code. The codes are arranged in the following manner:

ARAB PS 22 COT
  • Bank Code (A-Z) - 4 letter code. The first four letters indicate the shortened version of a bank's name. The Bank Code for this is ARAB.
  • Country Code (A-Z) - 2 letter code. The second two letters say the name of the country in which the bank is located. The Country Code for this is PS. The country corresponding to this country code is Palestine.
  • Location Code (0-9) (A-Z) - A 2 digit code that could be either two letters or numbers. It says where the bank's head office is located. The Location Code for this is 22.
  • Branch Code - This is an optional 3-digit code. It states a particular branch instead of the bank's head office. The Branch Code for this is COT.

4 Letter Bank Code 2 Letter Country Code 2 Letter Location Code 3 Letter Branch Code
ARAB PS 22 COT