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The SWIFT code for BANQUE EXTERIEURE D'ALGERIE is BEXADZAL002

While the main BANQUE EXTERIEURE D'ALGERIE SWIFT code (ending in XXX) can be used for general transfers, using the branch-specific code BEXADZAL002 ensures your funds are routed directly to the EL MADANIA clearing system. This reduces manual processing at the head office and can speed up your transfer by up to 24 hours.

Bank Information
BEXADZAL002
Bank Name BANQUE EXTERIEURE D'ALGERIE
Bank Address CENTRE DES ARTS, 108, EL MADANIA, ALGIERS, 16015
City EL MADANIA
Postcode 16015
Country
🇩🇿 Algeria
Bank Code BEXA
Country Code DZ
Location Code AL
Branch Code 002
Data Verified: April 2026

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Sending Money to BANQUE EXTERIEURE D'ALGERIE in EL MADANIA

Follow these three steps to ensure your international wire transfer reaches the correct account at the EL MADANIA branch without delays or hidden intermediary fees.

  1. Step 1: Collect Recipient Details. You will need the full legal name of the account holder and their IBAN (International Bank Account Number). For Algeria, IBANs typically start with the prefix DZ.
  2. Step 2: Enter the SWIFT/BIC Code. When prompted by your banking app or wire service, enter BEXADZAL002. This unique 11-character identifier ensures the funds are routed specifically to the BANQUE EXTERIEURE D'ALGERIE systems in EL MADANIA.
  3. Step 3: Confirm the Transfer Method. If you are sending from within Europe, select SEPA for lower fees and faster delivery. For transfers from outside the EU (e.g., USA, India, or Australia), ensure you select SWIFT/International Wire and double-check if your bank requires an intermediary bank for Algeria transactions.

Where can I find my SWIFT/BIC code?

You can find your SWIFT/BIC code in several easy-to-locate places:

  • On your bank statements, either printed or online.
  • Inside your online banking portal, under account information.
  • On your bank’s official website, usually in their international banking or FAQ section.
  • By directly contacting your bank’s customer service.

Online resources like SWIFT Codes Finder can be really helpful.

Example of transaction information

  1. Beneficiary Name: [Recipient Name]
  2. Bank: [Bank Name]
  3. SWIFT/BIC Code: [SWIFT Code]
  4. Bank Address: [Street, City, Country]
  5. Account Number/IBAN: [Account Number or IBAN]

Frequently Asked Questions

Should I use this specific code or the BANQUE EXTERIEURE D'ALGERIE head office code?

While the BANQUE EXTERIEURE D'ALGERIE head office code (ending in XXX) is often accepted, using BEXADZAL002 is the best way to ensure your money reaches the EL MADANIA branch directly. By using the branch-specific code, you bypass the central sorting queue at the head office, which can often speed up the processing of your international transfer by a full business day.

Can I receive international payments at the branch in EL MADANIA?

Yes, the office in EL MADANIA is fully equipped to receive international wire transfers via the SWIFT network. To ensure the funds are credited correctly, you must provide the sender with the SWIFT/BIC code BEXADZAL002 and your full IBAN associated with your account at this location.

What is the correct address for a wire transfer to EL MADANIA?

When you are asked for the "Beneficiary Bank Address" on a wire transfer form, you should provide the specific physical location in EL MADANIA to ensure a smooth verification process:

BANQUE EXTERIEURE D'ALGERIE
CENTRE DES ARTS, 108, EL MADANIA, ALGIERS, 16015, 16015, EL MADANIA, Algeria

How long does it take for money to arrive at this Algeria location?

Typically, an international transfer to the branch in EL MADANIA takes between 1 and 3 business days. To avoid delays, ensure the sender uses the specific code BEXADZAL002. Transfers initiated on weekends or during local public holidays in Algeria may take slightly longer to reflect in your account.

What happens if I use the SWIFT code for the wrong branch?

If you accidentally use a code for a different BANQUE EXTERIEURE D'ALGERIE location instead of the one in EL MADANIA, your money is rarely lost. Instead, the bank will usually perform a "manual repair" to route the funds to the correct account based on your IBAN. However, this manual intervention often incurs a small additional fee and can delay the deposit by 24 to 48 hours.

Is this the same as the IBAN for my account in EL MADANIA?

No. The SWIFT code BEXADZAL002 identifies the BANQUE EXTERIEURE D'ALGERIE branch in EL MADANIA, whereas your IBAN identifies your specific, individual bank account. For a successful international transfer, you must provide both pieces of information to the sender.