The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has been around since the 1970s. SWIFT is basically a messaging system for banks. It works by linking up banks using standardized codes for payments. A SWIFT transfer also called an international money transfer, is a secure and standardized method of sending or receiving money from banks anywhere in the world.
SWIFT is owned by its member financial institutions and it consists of a network of over 11,000 financial institutions located in over 200 countries. As a member of SWIFT, FMFB-A is facilitating the following transfers:
Inward Telegraphic Transfers
Through FMFB-A’s extensive correspondent banks, you are able to receive funds from most parts of the world using SWIFT. You are entitled to receive the funds in various currencies (USD, EUR).
Information you may need:
To receive money from outside the country using SWIFT, you need to provide the overseas party with the following information:
- Your full name with a permeant address as per the record of FMFB-A
- Your FMFB-A Bank Account Number
- Name of Beneficiary Bank: The First MicroFinance Bank-Afghanistan
- SWIFT Address/Code: FMFBAFKAXXX
- Address of the Beneficiary Bank: FMFB-A Head Office, Lane 8, Kolola Pushta Road, District 4, Kabul- Afghanistan
- SWIFT Address/Code: FMFBAFKAXXX
- Country: Afghanistan
Outward Telegraphic Transfers
Transfer money overseas to most parts of the world with FMFB-A’s Outward Telegraphic Transfer using SWIFT
Information you may need:
To send money abroad using SWIFT, you need to avail of the following information:
- Name of the person receiving the money.
- Recipient’s address.
- Name and address of the bank receiving the money.
- SWIFT code of the bank (also known as a BIC “Bank Identifier Code”).
- Recipient’s account number or IBAN (International Bank Account Number).
For further information, please visit one of FMFB-A Branches or call 599.