SWIFT/BIC code BFTVVNVX055
BFTVVNVX055 belongs to Joint Stock Commercial Bank For Foreign Trade of Vietnam in Mong Cai, Vietnam.
Code details
| SWIFT/BIC code | BFTVVNVX055 |
|---|---|
| 8-character code | BFTVVNVX |
| Branch code | 055 |
| Bank | Joint Stock Commercial Bank For Foreign Trade of Vietnam |
| Branch | Mong Cai Branch |
| City | Mong Cai |
| Country | Vietnam |
The way the Joint Stock Commercial Bank For Foreign Trade of Vietnam SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- BFTV Bank code
- 4 letters that identify the bank.
- VN Country code
- 2 letters for the country (ISO 3166).
- VX Location code
- 2 characters for the city or region of the head office.
- 055 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 is behind SWIFT/BIC code BFTVVNVX055?
BFTVVNVX055 identifies Mong Cai Branch, a unit of Joint Stock Commercial Bank For Foreign Trade of Vietnam in Mong Cai, Vietnam. Use this branch code only when the account is held at this specific branch.
What does each part of BFTVVNVX055 mean?
BFTV is the institution code of Joint Stock Commercial Bank For Foreign Trade of Vietnam, VN is the ISO code of Vietnam, VX is the location code and 055 is the code of the department Mong Cai Branch.
Can I use BFTVVNVX instead of BFTVVNVX055?
BFTVVNVX points to the head office of Joint Stock Commercial Bank For Foreign Trade of Vietnam, while BFTVVNVX055 is Mong Cai Branch. Most international transfers work with the head office code, yet use BFTVVNVX055 if the recipient asks for it.
What is the best way to send money to Joint Stock Commercial Bank For Foreign Trade of Vietnam in Vietnam?
Banks often add 1–3% to the exchange rate on top of a fee. Check the amount that arrives in Vietnam with transfer services before you send – the difference can be large.
How long does it take to send money to Joint Stock Commercial Bank For Foreign Trade of Vietnam in Vietnam?
An international SWIFT transfer typically takes 2–5 business days, because of intermediary banks and cut-off times. Specialist transfer services are often quicker and cheaper.
What do I need for a transfer to an account at Joint Stock Commercial Bank For Foreign Trade of Vietnam?
You need the SWIFT/BIC code BFTVVNVX055, the account number or IBAN of the recipientand the name of the account holder. Vietnam 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.