SWIFT/BIC code FIVVVECAXXX
FIVVVECAXXX belongs to Banco de Desarrollo Economico y Social de Venezuela in Caracas, Venezuela.
Code details
| SWIFT/BIC code | FIVVVECAXXX |
|---|---|
| 8-character code | FIVVVECA |
| Branch code | XXX |
| Bank | Banco de Desarrollo Economico y Social de Venezuela |
| Branch | Head office |
| City | Caracas |
| Country | Venezuela |
How the Banco de Desarrollo Economico y Social de Venezuela SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- FIVV Bank code
- 4 letters that identify the bank.
- VE Country code
- 2 letters for the country (ISO 3166).
- CA 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
Which institution uses SWIFT code FIVVVECAXXX?
FIVVVECAXXX identifies the main office of Banco de Desarrollo Economico y Social de Venezuela in Caracas, Venezuela. Use it when a payment to Banco de Desarrollo Economico y Social de Venezuela does not need a specific branch.
Does Banco de Desarrollo Economico y Social de Venezuela use only one SWIFT/BIC code?
Yes, FIVVVECAXXX is the single SWIFT/BIC code we have for Banco de Desarrollo Economico y Social de Venezuela in Venezuela, so there is no branch code to choose.
What happens if I use FIVVVECAXXX incorrectly?
Your transfer can bounce, get stuck or cost extra. Double-check FIVVVECAXXX with the recipient before sending.
Is FIVVVECA and FIVVVECAXXX the same SWIFT code?
Yes, they are. FIVVVECA is the 8-character version of FIVVVECAXXX. XXX simply means head office, so both will reach Banco de Desarrollo Economico y Social de Venezuela in Caracas.
What is the best way to send money to Banco de Desarrollo Economico y Social de Venezuela in Venezuela?
Many banks add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Venezuela with transfer services before you send – the difference can be large.
What does each part of FIVVVECAXXX stand for?
FIVV is the institution code of Banco de Desarrollo Economico y Social de Venezuela, VE stands for Venezuela, CA is the code for the city or region and XXX means the head office.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.