ARAB PETROLEUM INVESTMENTS CORP., (APICORP)

APIASAR1

ARAB PETROLEUM INVESTMENTS CORP., (APICORP) is identified on the SWIFT network by the BIC code APIASAR1, registered in SAUDI ARABIA, settling primarily in SAR. International wire transfers routed through this institution can be tracked free of charge by pasting your UETR or payment reference on the Ohmyfin homepage.

BIC structure (ISO 9362)

InstitutionCountryLocation
APIASA — Saudi ArabiaR1 (live BIC)
SWIFT/BICAPIASAR1 (head office, 8-char)
BankARAB PETROLEUM INVESTMENTS CORP., (APICORP)
CountrySAUDI ARABIA (ISO SA)
Primary currencySAR (inferred from country)
SAR (Saudi Riyal) settlement: clears via SARIE. 1-2 business days.
Corridor timing to SAUDI ARABIA: 1-2 business days. Settlement system: SARIE. SAMA clearing.
Track a payment through ARAB PETROLEUM INVESTMENTS CORP., (APICORP) — free

About this SWIFT/BIC code

The SWIFT/BIC (Business Identifier Code) is the international standard ISO 9362 for identifying financial institutions in cross-border payments. APIASAR1 uniquely identifies ARAB PETROLEUM INVESTMENTS CORP., (APICORP) in SAUDI ARABIA on the SWIFT network and is used as the routing identifier in field 57A of an MT103 message (or the equivalent BICFI element in an ISO 20022 pacs.008).

Because APIASAR1 is an 8-character BIC, it addresses the head office. Branch-level BICs append three additional characters (for example, APIASAR1XXX for the primary office) and are used when a specific branch must be addressed.

Payments routed through ARAB PETROLEUM INVESTMENTS CORP., (APICORP) can be tracked end-to-end via SWIFT GPI when both the sender and receiver are GPI-enabled. Ohmyfin provides free public lookup of any UETR — paste yours on the homepage to see the latest available status, including which correspondent banks the payment has passed through.

Other banks in SAUDI ARABIA

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Frequently asked questions

What does SWIFT/BIC code APIASAR1 stand for?

APIASAR1 is the unique SWIFT/BIC code identifying ARAB PETROLEUM INVESTMENTS CORP., (APICORP) in SAUDI ARABIA. The first four characters (APIA) are the institution code; the next two (SA) are the ISO 3166-1 country code for Saudi Arabia; the next two (R1) are the location code; no branch code is present, so this BIC addresses the head office.

How do I track a payment sent to ARAB PETROLEUM INVESTMENTS CORP., (APICORP)?

Use the Ohmyfin SWIFT tracker on the homepage. Paste the UETR (field 121) or the payment reference (field 20) and Ohmyfin returns the latest available SWIFT GPI status, including each correspondent bank the payment passed through on the way to ARAB PETROLEUM INVESTMENTS CORP., (APICORP).

Is APIASAR1 an 8-character or 11-character BIC?

APIASAR1 is 8 characters long — head-office BIC (8-char). An 8-character BIC identifies the bank's head office; an 11-character BIC identifies a specific branch. Both are valid in MT103 field 57A.

What currency does ARAB PETROLEUM INVESTMENTS CORP., (APICORP) settle in?

ARAB PETROLEUM INVESTMENTS CORP., (APICORP)'s primary settlement currency is SAR (Saudi Riyal). SAR clears via SARIE. 1-2 business days.

How long does a SWIFT payment to SAUDI ARABIA take?

1-2 business days. Settlement system: SARIE. SAMA clearing.

Why might a payment to ARAB PETROLEUM INVESTMENTS CORP., (APICORP) be delayed?

Most delays at the beneficiary bank come from sanctions/AML screening on the ordering customer, missing remittance information in field 70, or arrival after the local RTGS cut-off. Use Ohmyfin to see which hop is holding the payment so you can chase the right party.

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