The SWIFT/BIC Code BUNAETAAXXX is issued by BUNNA INTERNATIONAL BANK S.C in Ethiopia. The issuing Bank's Bank code is XXX and The Bank Brach is XXX, located in ADDIS ABEBA
4 letters representing the bank. It usually looks like a shortened version of that bank's name.
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Country Code A-Z
2 letters representing the country the bank is in.
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Location Code 0-9 A-Z
2 characters made up of letters or numbers. It says where that bank's head office is.
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Branch Code 0-9 A-Z
3 digits specifying a particular branch. 'XXX' represents the bank’s head office.
Country Map Ethiopia
About Ethiopia
Several important finds have propelled Ethiopia and the surrounding region to the forefront of palaeontology. The oldest hominid discovered to date in Ethiopia is the 4.2 million-year-old Ardipithecus ramidus (Ardi) found by Tim D. White in 1994.[44] The most well-known hominid discovery is Australopithecus afarensis (Lucy). Known locally as Dinkinesh, the specimen was found in the Awash Valley of Afar Region in 1974 by Donald Johanson, and is one of the most complete and best-preserved adult Australopithecine fossils ever uncovered. Lucy's taxonomic name refers to the region where the discovery was made. This hominid is estimated to have lived 3.2 million years ago.[45][46][47]
Ethiopia is also considered one of the earliest sites of the emergence of anatomically modern humans, Homo sapiens. The oldest of these local fossil finds, the Omo remains, were excavated in the southwestern Omo Kibish area and have been dated to the Middle Paleolithic, around 200,000 years ago.[48] Additionally, skeletons of Homo sapiens idaltu were found at a site in the Middle Awash valley. Dated to approximately 160,000 years ago, they may represent an extinct subspecies of Homo sapiens, or the immediate ancestors of anatomically modern humans.[49] Archaic Homo sapiens fossils excavated at the Jebel Irhoud site in Morocco have since been dated to an earlier period, about 300,000 years ago,[50] while Omo-Kibish I (Omo I) from southern Ethiopia is the oldest anatomically modern Homo sapiens skeleton currently known (196 ± 5 kya).[51]
According to some anthropologists, the first Afroasiatic-speaking populations arrived in the region during the ensuing Neolithic era from the family's proposed urheimat ("original homeland") in the Nile Valley,[52] or the Near East.[53] The majority of scholars today propose that the Afroasiatic family developed in northeast Africa because of the higher diversity of lineages in that region, a telltale sign of linguistic origin.[54][55][56]
In 2019, archaeologists discovered a 30,000-year-old Middle Stone Age rock shelter at the Fincha Habera site in Bale Mountains at an elevation of 3,469 metres (11,381 feet) above sea level. At this high altitude, humans are susceptible both to hypoxia and to extreme weather. According to a study published in the journal Science, this dwelling is proof of the earliest permanent human occupation at high altitude yet discovered. Thousands of animal bones, hundreds of stone tools, and ancient fireplaces were discovered, revealing a diet that featured giant mole rats.[57][58][59][60][61][62][63]
Evidence of some of the earliest known stone-tipped projectile weapons (a characteristic tool of Homo sapiens), the stone tips of javelins or throwing spears, were discovered in 2013 at the Ethiopian site of Gademotta, which date to around 279,000 years ago.[64] In 2019, additional Middle Stone Age projectile weapons were found at Aduma, dated 100,000–80,000 years ago, in the form of points considered likely to belong to darts delivered by spear throwers.[65]
Antiquity
Main articles: Dʿmt and Kingdom of Aksum
Aksumite currency of the Aksumite king Endubis, 227–35, at the British Museum[d]
In 980 BC, Dʿmt was established in present-day Eritrea and the northern part of Ethiopia in the Tigray region, and is widely believed to be the successor state to Punt. This polity's capital was located at Yeha in what is now northern Ethiopia. Most modern historians consider this civilization to be a native Ethiopian one, although in earlier times many suggested it was Sabaean-influenced because of the latter's hegemony of the Red Sea.[66]
Other scholars regard Dʿmt as the result of a union of Afroasiatic-speaking cultures of the Cushitic and Semitic branches; namely, local Agaw peoples and Sabaeans from Southern Arabia. However, Ge'ez, the ancient Semitic language of Ethiopia, is thought to have developed independently from the Sabaean language. As early as 2000 BC, other Semitic speakers were living in Ethiopia and Eritrea where Ge'ez developed.[67][68] Sabaean influence is now thought to have been minor, limited to a few localities, and disappearing after a few decades or a century. It may have been a trading or military colony in alliance with the Ethiopian civilization of Dʿmt or some other proto-Axumite state.[66]
The Empire of Axum at its peak in the 6th century
After the fall of Dʿmt during the 4th century BC, the Ethiopian plateau came to be dominated by smaller successor kingdoms. In the 1st century AD, the Kingdom of Aksum emerged in what is now Tigray Region and Eritrea. According to the medieval Book of Axum, the kingdom's first capital, Mazaber, was built by Itiyopis, son of Cush.[35] Aksum would later at times extend its rule into Yemen on the other side of the Red Sea.[69] The Persian prophet Mani listed Axum with Rome, Persia, and China as one of the four great powers of his era, during the 3rd century.[70] It is also believed that there was a connection between Egyptian and Ethiopian churches. There is diminutive evidence that the Aksumites were associated with the Queen of Sheba, via their royal inscription.[71]
Around 316 AD, Frumentius and his brother Edesius from Tyre accompanied their uncle on a voyage to Ethiopia. When the vessel stopped at a Red Sea port, the natives killed all the travellers except the two brothers, who were taken to the court as slaves. They were given positions of trust by the monarch, and they converted members of the royal court to Christianity. Frumentius became the first bishop of Aksum.[72] A coin dated to 324 shows that Ethiopia was the second country to officially adopt Christianity (after Armenia did so in 301), although the religion may have been at first confined to court circles; it was the first major power to do so. The Aksumites were accustomed to the Greco-Roman sphere of influence, but embarked on significant cultural ties and trade connections between the Indian subcontinent and the Roman Empire via the Silk Road, primarily exporting ivory, tortoise shell, gold and emeralds, and importing silk and spices.[71][73] The country's gold production in 2015 is 9 metric tons.[74]
Middle Ages
Main article: Ethiopia in the Middle Ages
The kingdom adopted the name "Ethiopia" during the reign of Ezana in the 4th century. After the conquest of Kingdom of Kush in 330, the Aksumite territory reached its peak between the 5th and 6th centuries.[66] This period was interrupted by several incursions into the South Arabian protectorate, including Jewish Dhu Nuwas of the Himyarite Kingdom and the Aksumite–Persian wars. In 575, the Aksumites besieged and retook Sana'a following the assassination of its governor Sayf ibn Dhī Yazan. The Red Sea was left to the Rashidun Caliphate in 646, and the port city of Adulis was plundered by Arab Muslims in the 8th century; along with irrevocable land degradation, claimed climate change and sporadic rainfall precipitation from 730 to 760,[75] these factors likely caused the kingdom to decline in power as part of an important trade route.[66][76] Aksum came to an end in 960 when Queen Gudit defeated the last king of Aksum.[77] In response, the remnant of the Aksumite population to shift into the southern region and establish the Zagwe dynasty, changing its capital to Lalibela.[78] Zagwe's rule ended when an Amhara noble man Yekuno Amlak revolted against King Yetbarak and established the Ethiopian Empire (known by exonym "Abyssinia").
The SWIFT code is a unique code that identifies a specific bank in international transactions. It is also known as the BIC code.
How does a SWIFT Code work?
The SWIFT code is used to facilitate international payments by identifying the receiving bank in the global banking system.
Why is the SWIFT Code important?
The SWIFT code ensures that international payments reach the correct bank quickly and efficiently, reducing errors and delays.
How to obtain a SWIFT Code?
You can obtain your bank’s SWIFT code by looking it up on their website or contacting their customer service.
Is the SWIFT Code the same as the IBAN?
No, the SWIFT code identifies a bank for international transactions, while the IBAN identifies a specific bank account.
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