SWIFT/BIC code BESCAOLUXXX
BESCAOLUXXX belongs to Banco Economico, S.A. in Luanda, Angola.
Code details
| SWIFT/BIC code | BESCAOLUXXX |
|---|---|
| 8-character code | BESCAOLU |
| Branch code | XXX |
| Bank | Banco Economico, S.A. |
| Branch | Head office |
| City | Luanda |
| Country | Angola |
How the Banco Economico, S.A. SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- BESC Bank code
- 4 letters that identify the bank.
- AO Country code
- 2 letters for the country (ISO 3166).
- LU 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 BIC BESCAOLUXXX?
BESCAOLUXXX identifies the main office of Banco Economico, S.A. in Luanda, Angola. Use it when a payment to Banco Economico, S.A. does not need a specific branch.
What is the cheapest way to send money to Banco Economico, S.A. in Angola?
Banks often add several percent to the exchange rate on top of a fee. Check the amount that arrives in Angola with specialist providers before you send – the difference can be large.
Is BESCAOLU and BESCAOLUXXX the same code?
Yes, they are. BESCAOLU is the 8-character version of BESCAOLUXXX. XXX simply means head office, so either version routes your payment to Banco Economico, S.A. in Luanda.
What does each part of BESCAOLUXXX stand for?
BESC is the institution code of Banco Economico, S.A., AO stands for Angola, LU is the code for the city or region and XXX means the head office.
Which details do I need for a transfer to an account at Banco Economico, S.A.?
You need the SWIFT/BIC code BESCAOLUXXX, the IBAN or local account number of the recipient, their full name and address. Angola is not part of SEPA, so the BIC is required.
What happens if I enter BESCAOLUXXX with a typo?
The payment may be delayed, returned or charged extra fees. Always check BESCAOLUXXX with the recipient before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.