SWIFT Codes in ERITREA

Free directory of all 3 correspondent bank SWIFT/BIC codes registered in ERITREA. Click any bank to view its full record and track an international SWIFT payment routed through it.

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Banking & Payment System Overview

Eritrea operates one of the world's most isolated economies, with extremely limited international banking connectivity. The Commercial Bank of Eritrea and Housing and Commerce Bank maintain minimal SWIFT access, primarily for gold mining revenues (Bisha mine) and diplomatic-related payments. Most international transactions are processed through Ethiopian or Kenyan banking intermediaries for the small permitted transaction categories.

RTGS / Settlement SystemSWIFT (Bank of Eritrea — very isolated)
CurrencyERN — Eritrean Nakfa
Central BankBank of Eritrea
Typical SWIFT Timing7–15+ days (extremely limited access)
Frequently Asked Questions
How long does a SWIFT transfer to Eritrea take?

Most international SWIFT wires arrive in Eritrea within 2–5 business days. Payments cleared through correspondent banks may take longer depending on intermediary routing and local cut-off times.

What payment system is used for high-value transfers in Eritrea?

Eritrea processes large-value interbank settlements through SWIFT (isolated). Retail transfers typically use ACH or local clearing networks, while cross-border wires enter via SWIFT.

What currency do banks in Eritrea use for SWIFT payments?

The primary settlement currency is ERN — Eritrean Nakfa. 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: 3

BOERERAI
BANK OF ERITREA
CBERERAI
COMMERCIAL BANK OF ERITREA
HCBEERAI
HOUSING AND COMMERCE BANK OF ERITREA