If you are sending funds to the Albanian Securities Register ALREG in Albania, it is essential to use the correct SWIFT code. International transfers depend on accurate banking identifiers, and incorrect details can result in delays or rejected transactions.
This guide provides the official SWIFT code for Albanian Securities Register ALREG and explains how to use it when making international transfers.
SWIFT Code of Albanian Securities Register ALREG
The official SWIFT code for Albanian Securities Register ALREG is:
RSTAALTTXXX
Breakdown of the SWIFT code:
- RSTA – Institution code for Albanian Securities Register ALREG
- AL – Country code for Albania
- TT – Location code (Tirana)
- XXX – Main branch indicator
Branch Details:
Institution Name: Albanian Securities Register ALREG
Branch Address: Njesia Bashkiake 5, Kati 1, Floor
City: Tirana
Postal Code: 1001
SWIFT Code: RSTAALTTXXX
The XXX at the end typically indicates the main office in Tirana.
What Is a SWIFT Code
A SWIFT code, also known as a BIC (Bank Identifier Code), is a globally recognized identifier used in international financial transactions. It enables secure communication between financial institutions when processing cross-border payments.
A SWIFT code contains either 8 or 11 characters:
- First 4 characters identify the institution
- Next 2 characters identify the country
- Next 2 characters identify the location
- Last 3 characters identify the branch
Using the correct SWIFT code ensures that funds are routed properly to the receiving institution.
How to Send Money Using the SWIFT Code
Step 1: Gather Required Recipient Information
You will need:
- Recipient’s full legal name
- Recipient’s account number or reference number
- Institution name: Albanian Securities Register ALREG
- SWIFT code: RSTAALTTXXX
- Address: Njesia Bashkiake 5, Kati 1, Floor, Tirana 1001, Albania
Step 2: Initiate the Transfer
At a Bank Branch
Visit your bank and request an international wire transfer form. Provide all recipient details including the SWIFT code RSTAALTTXXX. Review fees before confirming the transfer.
Online Banking
Log into your bank’s online portal. Select International Wire Transfer, enter the required details including the SWIFT code, confirm the currency and amount, then submit.
Mobile Banking
If supported, use your bank’s mobile app to initiate the transfer. Carefully verify all details before authorizing the payment.
Step 3: Keep the Transaction Reference
After completing the transfer, your bank will provide a transaction reference number. Keep this for tracking purposes.
Processing Time and Fees
International SWIFT transfers typically take between one and five business days. Processing time depends on intermediary banks, compliance procedures, and currency conversion requirements.
Possible charges include:
- Sending bank fee
- Receiving institution fee
- Intermediary bank deductions
- Currency exchange margins
Always confirm total charges with your bank before sending funds.
Important Tips
Always verify the SWIFT code RSTAALTTXXX before submitting the transfer.
Ensure the recipient’s name matches official records exactly.
Confirm the correct currency to avoid unnecessary conversion costs.
Retain proof of payment until the recipient confirms receipt.
Errors in banking details can result in delays or returned payments.
Conclusion
The SWIFT code of Albanian Securities Register ALREG in Tirana, Albania is RSTAALTTXXX. This code identifies the main office located at Njesia Bashkiake 5, Kati 1, Floor, Tirana 1001.
Using accurate banking information and understanding the SWIFT transfer process will help ensure your international transaction is completed smoothly and securely.
