Faqs – Vietcombank (Vietnam) Wire Transfer
JOINT STOCK COMMERCIAL BANK FOR FOREIGN TRADE OF VIETNAM BIC / Swift code details
JOINT STOCK COMMERCIAL BANK FOR FOREIGN TRADE OF VIETNAM,VIETCOMBANK TOWER, 198 TRAN QUANG KHAI ST,HANOI,Viet Nam
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So what do these letters and numbers mean?
A SWIFT code — sometimes also called a SWIFT number — is a standard format for Business Identifier Codes (BIC). Banks and financial institutions use them to identify themselves globally. It says who and where they are — a sort of international bank code or ID.
These codes are used when transferring money between banks, particularly for international money transfers or SEPA payments. Banks also use these codes to exchange messages between each other.
BFTVVNVX |
JOINT STOCK COMMERCIAL BANK FOR FOREIGN TRADE OF VIETNAM |
VIETCOMBANK TOWER, 198 TRAN QUANG KHAI ST |
XXX |
JOINT STOCK COMMERCIAL BANK FOR FOREIGN TRADE OF VIETNAM |
HANOI |
Viet Nam |
JOINT STOCK COMMERCIAL BANK FOR FOREIGN TRADE OF VIETNAM SWIFT Code Details
A SWIFT/BIC is an 8-11 character code that identifies your country, city, bank, and branch.
Bank codeA-Z4 letters representing the bank. It usually looks like a shortened version of that bank's name.
Location code0-9A-Z2 characters made up of letters or numbers. It says where that bank's head office is.
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Branch Code0-9A-Z3 digits specifying a particular branch. 'XXX' represents the bank’s head office.
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Always confirm the details with your recipient
When sending or receiving money, always check the SWIFT code with your recipient or bank.
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If you think you”ve used the wrong SWIFT code to send money, you should get in contact with your bank right away. They may be able to cancel the transaction. If it”s too late to cancel, you might have to contact the recipient yourself and request that they return your money.