What is a SWIFT code? A SWIFT code or BIC code is a unique code that identifies financial and non-financial institutions and is mainly used for international wire transfers between banks. SWIFT codes are used to identify banks and financial institutions worldwide. They are used by the swift network to transmit wire transfers money transactions and messages between them.

SWIFT Codes and BIC Codes for all Banks in Vietnam |

For international wire transfers, swift codes are always required in order to make transactions secure and fast. Most people think B. The acronym SWIFT stands for the Society for Worldwide Interbank Financial Telecommunication.

Swift codes are broken down into sections, in the same way telephone numbers are broken into sections, and every section reveals some information about the institution that was assigned this code. They consist of eight or eleven characters. Whenever an eight-character code is used, then it is referring to the headquarters main office of the institution.

Here is how an character code is broken down and what each section of characters represents.

Branches for Joint Stock Commercial Bank For Foreign Trade Of Vietnam in Viet Nam - TransferWise

Let's take this imaginary character swift code: These characters represent a location code e. If this section is omitted, then we have an 8-character swift code that is assumed to refer to the HEAD OFFICE of the institution. Bank of America swift code: Bank of America BOFAUS3NXXX or simply: BOFAUS3N Chase swift code: JP Morgan Chase CHASUS33XXX or simply: CHASUS33 HSBC swift code: HSBC Bank PLC MIDLGB22XXX or simply MIDLGB Our primary focus is to provide you with the most accurate and up to date database of financial institutions all over the world.

You can also browse for swift codes by clicking on the list of countries and then choosing the institution's name from the alphabetical list.

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joint stock commercial bank for foreign trade of vietnam swift code

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BFTVVNVX, SWIFT Code for JOINT STOCK COMMERCIAL BANK FOR FOREIGN TRADE OF VIETNAM, HANOI

SCRL and we are not the official source of SWIFT codes also known as BIC codes. This site is focused on financial institutions around the world and information related to money transfers.

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SWIFT code 8 characters. BFTVVNVX Click to copy it. XXX Institution's 4-letter code:

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