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Home » Salaam Microfinance Bank SWIFT code: SLMIKENA explained (step-by-step)

Salaam Microfinance Bank SWIFT code: SLMIKENA explained (step-by-step)

NyongesaSande News Desk by NyongesaSande News Desk
10 months ago
in SWIFT/BIC
Reading Time: 3 mins read
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Salaam Microfinance Bank SWIFT code: SLMIKENA explained (step-by-step)

Salaam Microfinance Bank SWIFT code is the official international identifier for Salaam Microfinance Bank Limited in Kenya. The 8-character version is SLMIKENA, while the full 11-character version is SLMIKENAXXX. Sometimes it is shown as SLMIKENA XXX, but the correct format is always SLMIKENAXXX without spaces.

The registered head-office address for this SWIFT code is:
Salaam Microfinance Bank Limited, I&M Building, Floor 12, Kenyatta Avenue, Nairobi, Kenya.

A SWIFT/BIC code is structured into four parts:

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  • SLMI → bank code (Salaam Microfinance Bank)
  • KE → country code (Kenya)
  • NA → location code (Nairobi)
  • XXX → branch code (head office)

From this structure, SLMIKENA identifies Salaam Microfinance Bank in Nairobi, Kenya. Adding XXX makes it the complete 11-character head-office SWIFT code: SLMIKENAXXX.

Quick reference (copy-ready):

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  • 8-character SWIFT/BIC: SLMIKENA
  • 11-character SWIFT/BIC: SLMIKENAXXX
  • Bank: Salaam Microfinance Bank Limited
  • Address: I&M Building, Floor 12, Kenyatta Avenue, Nairobi, Kenya
  • Usage: International transfers to or from Salaam Microfinance Bank accounts

When to use it
Use the Salaam Microfinance Bank SWIFT code whenever you are receiving funds from abroad into a Salaam Microfinance Bank account or sending money internationally through Salaam.

Common mistakes to avoid

  • Writing the SWIFT code with spaces (always use SLMIKENAXXX, not “SLMIKENA XXX”).
  • Confusing Salaam Microfinance Bank with other microfinance institutions or Islamic banks in Kenya.
  • Using only the 8-character version when the transfer form specifically requires the 11-character format.

Step-by-step guide to making a transfer with Salaam Microfinance Bank SWIFT code

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  1. Confirm the recipient’s account name and Salaam Microfinance account number.
  2. Enter the SWIFT code: SLMIKENA (8-character) or SLMIKENAXXX (11-character).
  3. Provide the registered bank address: I&M Building, Floor 12, Kenyatta Avenue, Nairobi, Kenya.
  4. Choose your transfer currency (USD, EUR, GBP, or KES are common).
  5. Agree on transfer fee responsibility (sender, recipient, or shared).
  6. State the payment purpose (e.g., tuition, remittance, business).
  7. Double-check all details before confirming the transfer.
  8. Save the confirmation slip and provide the reference to the recipient.

Final checklist
✔ Recipient’s account details correct
✔ SWIFT code properly entered (SLMIKENA or SLMIKENAXXX)
✔ Bank address included if required
✔ Purpose of payment clearly stated
✔ Fees arrangement agreed

By using the Salaam Microfinance Bank SWIFT code correctly, you ensure international transfers are smooth, secure, and free from unnecessary delays.

Tags: bank transfersSalaam Bank KenyaSalaam Microfinance Bank SWIFT codeSLMIKENASWIFT code Kenya
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