SWIFT/BIC code BANFVEC102M
BANFVEC102M belongs to Banco Financiero in Maracaibo, Venezuela.
Code details
| SWIFT/BIC code | BANFVEC102M |
|---|---|
| 8-character code | BANFVEC1 |
| Branch code | 02M |
| Bank | Banco Financiero |
| Branch | — |
| City | Maracaibo |
| Country | Venezuela |
How the Banco Financiero SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- BANF 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.
- 02M 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
Which bank uses BIC BANFVEC102M?
BANFVEC102M identifies Banco Financiero, a branch or department of Banco Financiero in Maracaibo, Venezuela. Only use it if the recipient or their bank explicitly asks for it.
Which details do I need to send money to an account at Banco Financiero?
Have ready the SWIFT/BIC code BANFVEC102M, the IBAN or local account number of the recipient, their full name and address. Venezuela is not part of SEPA, so always include the BIC.
What do the letters in BANFVEC102M stand for?
BANF is the institution code of Banco Financiero, VE stands for Venezuela, C1 is the location code and 02M identifies the branch Banco Financiero.
Has Banco Financiero got other SWIFT/BIC codes?
Yes – we list 5 SWIFT/BIC codes for Banco Financiero in Venezuela. You can see them all on the bank page.
How long does it take to send money to Banco Financiero in Venezuela?
A SWIFT payment usually takes 2–5 business days, because of correspondent banks and time zones. Money transfer services are often faster than a bank.
What is the best way to send money to Banco Financiero in Venezuela?
Many banks add 1–3% to the exchange rate on top of a fee. Check the amount that arrives in Venezuela with transfer services before you send – the difference can be large.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.