SWIFT/BIC code IVFMBGS1XXX

IVFMBGS1XXX belongs to Invest Fund Management in Sofia, Bulgaria.

IVFMBGS1XXX

Code details

SWIFT/BIC codeIVFMBGS1XXX
8-character codeIVFMBGS1
Branch codeXXX
BankInvest Fund Management
BranchHead office
CitySofia
CountryBulgaria

The way the Invest Fund Management SWIFT/BIC is built up

A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:

IVFM Bank code
4 letters that identify the bank.
BG Country code
2 letters for the country (ISO 3166).
S1 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 bank uses BIC IVFMBGS1XXX?

The code IVFMBGS1XXX belongs to the head office of Invest Fund Management in Sofia, Bulgaria. It is the code to use when you send money to an account at Invest Fund Management.

Does Invest Fund Management have only one SWIFT/BIC code?

Yes – IVFMBGS1XXX is the single SWIFT/BIC code listed for Invest Fund Management in Bulgaria, so there is no branch code to choose.

What do the letters in IVFMBGS1XXX mean?

IVFM is the institution code of Invest Fund Management, BG is the ISO code of Bulgaria, S1 is the code for the city or region and XXX means the head office.

What is the cheapest way to send money to Invest Fund Management in Bulgaria?

Many banks add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Bulgaria with specialist providers before you send – the difference can be large.

Do I need IVFMBGS1XXX for a euro transfer to Bulgaria?

Bulgaria is part of the SEPA area. For euro transfers the IBAN normally suffices. If you send another currency you do need IVFMBGS1XXX.

How long does a transfer to Invest Fund Management take?

SEPA payments in euros usually arrive within one business day. Payments in other currencies can take 1–3 business days.

Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.