SWIFT Purpose Codes

In line with the Central Bank of Bahrain's directives with the aim of enhancing oversight of cross-border payments, SICO has introduced a mandatory “Purpose Code” field for all cross-border SWIFT transfers.

The codes to be used, which are available in the link below, include all descriptions and details required to complete a cross-border SWIFT transaction.

The “Purpose Code” will be mandatory for all cross-border SWIFT payments effective 31 May 2021. We regret that we will not be able to process any payment instruction not containing the desired code after the date of effect.

Title File
SWIFT Codes Download