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.

SWIFT codeBFTVVNVXXXXSwift code (8 characters)

Branch name

Branch address

Branch code

Bank name

City

Country

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.

Banks and other transfer services have a dirty little secret. They add hidden markups to their exchange rates – charging you more without your knowledge. And if they have a fee, they charge you twice.

phunutiepthi.vn never hides fees in the exchange rate. We give you the real rate, independently provided by Reuters. Compare our rate and fee with Western Union, ICICI Bank, WorldRemit and more, and see the difference for yourself.

Sending 1000.00 USD withRecipient gets(Total after fees)Transfer feeExchange rate(1 USD → VND)
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Cheapest

22529780 VNDSave up to 51601 VND 12.22 USD 22808.5Mid-market rate
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22478179 VND- 51601 VND 1.99 USD 22523.0

We’re on a mission to bring transparency to finance, for people without borders. We charge as little as possible, and we always show you upfront. No hidden fees. No bad exchange rates. No surprises. How do we collect this data?

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.

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