SWIFT/BIC code IVEMCY21XXX
IVEMCY21XXX belongs to Sib (Cyprus) Limited in Nicosia (Lefkosia), Cyprus.
Code details
| SWIFT/BIC code | IVEMCY21XXX |
|---|---|
| 8-character code | IVEMCY21 |
| Branch code | XXX |
| Bank | Sib (Cyprus) Limited |
| Branch | Head office |
| City | Nicosia (Lefkosia) |
| Country | Cyprus |
How the Sib (Cyprus) Limited SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- IVEM Bank code
- 4 letters that identify the bank.
- CY Country code
- 2 letters for the country (ISO 3166).
- 21 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 BIC IVEMCY21XXX?
The code IVEMCY21XXX belongs to the main office of Sib (Cyprus) Limited in Nicosia (Lefkosia), Cyprus. It is the code to use when a payment to Sib (Cyprus) Limited does not need a specific branch.
What is the best way to send money to Sib (Cyprus) Limited in Cyprus?
Many banks add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with specialist providers before you send – the difference can be large.
What happens if I enter IVEMCY21XXX with a typo?
Your transfer can bounce, get stuck or cost extra. Always check IVEMCY21XXX with the recipient before you confirm.
What does each part of IVEMCY21XXX mean?
IVEM is the institution code of Sib (Cyprus) Limited, CY is the ISO code of Cyprus, 21 is the location code and XXX marks the head office.
Is IVEMCY21 and IVEMCY21XXX the same SWIFT code?
Yes. IVEMCY21 is the short version of IVEMCY21XXX. XXX simply refers to the head office, so both will reach Sib (Cyprus) Limited in Nicosia (Lefkosia).
How long does it take to send money to Sib (Cyprus) Limited?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.