Free directory of all 24 correspondent bank SWIFT/BIC codes registered in ALGERIA. Click any bank to view its full record and track an international SWIFT payment routed through it.
Algeria's ARTS RTGS processes DZD settlements and the state dominates the banking sector through BNA (Banque Nationale d'Algérie), CPA (Crédit Populaire d'Algérie), BEA (Banque Extérieure d'Algérie), and BADR. Hydrocarbons represent over 95% of export revenue, routing substantial USD and EUR oil and gas payments through Algiers banking. Strict foreign exchange controls mean importers must obtain prior authorisation from the Banque d'Algérie before any international wire transfer.
| RTGS / Settlement System | ARTS (Algeria Real-Time Settlement) |
|---|---|
| Currency | DZD — Algerian Dinar |
| Central Bank | Banque d'Algérie |
| Typical SWIFT Timing | 3–5 days (international SWIFT) |
Most international SWIFT wires arrive in Algeria within 2–5 business days. Payments cleared through correspondent banks may take longer depending on intermediary routing and local cut-off times.
Algeria processes large-value interbank settlements through ARTS. Retail transfers typically use ACH or local clearing networks, while cross-border wires enter via SWIFT.
The primary settlement currency is DZD — Algerian Dinar. Foreign-currency wires are converted at the receiving bank's prevailing rate unless a specific currency account is held at the beneficiary institution.
Total correspondent banks indexed: 24