SWIFT/BIC code ARAFVEC1XXX
ARAFVEC1XXX belongs to Araven Finance LTD. in Caracas, Venezuela.
Code details
| SWIFT/BIC code | ARAFVEC1XXX |
|---|---|
| 8-character code | ARAFVEC1 |
| Branch code | XXX |
| Bank | Araven Finance LTD. |
| Branch | Head office |
| City | Caracas |
| Country | Venezuela |
The way the Araven Finance LTD. SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- ARAF Bank code
- 4 letters that identify the bank.
- VE Country code
- 2 letters for the country (ISO 3166).
- C1 Location code
- 2 characters for the city or region of the head office.
- XXX Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
What bank uses SWIFT/BIC code ARAFVEC1XXX?
ARAFVEC1XXX is the SWIFT/BIC code of the head office of Araven Finance LTD. in Caracas, Venezuela. Use it when you send money to an account at Araven Finance LTD..
What happens if I enter ARAFVEC1XXX incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check ARAFVEC1XXX against the details from Araven Finance LTD. before you confirm.
What is the cheapest way to send money to Araven Finance LTD. in Venezuela?
Many banks add several percent to the exchange rate on top of a fee. Compare what you receive in Venezuela with specialist providers before you send – the difference can be large.
Is ARAFVEC1 and ARAFVEC1XXX the same code?
Yes. ARAFVEC1 is the short version of ARAFVEC1XXX. The XXX at the end only refers to the head office, so either version routes your payment to Araven Finance LTD. in Caracas.
How long does a transfer to Araven Finance LTD. take?
An international SWIFT transfer typically takes 1–5 business days, because of correspondent banks and time zones. Money transfer services are often quicker than a bank.
What do I need for a transfer to an account at Araven Finance LTD.?
You need the SWIFT/BIC code ARAFVEC1XXX, the account number or IBAN of the recipientand the name of the account holder. Venezuela uses international SWIFT transfers, so always include the BIC.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.