SWIFT/BIC code KOVTHUH1XXX
KOVTHUH1XXX belongs to Kormend Es Videke Takarekszovetkezet in Kormend, Hungary.
Code details
| SWIFT/BIC code | KOVTHUH1XXX |
|---|---|
| 8-character code | KOVTHUH1 |
| Branch code | XXX |
| Bank | Kormend Es Videke Takarekszovetkezet |
| Branch | Head office |
| City | Kormend |
| Country | Hungary |
The way the Kormend Es Videke Takarekszovetkezet SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- KOVT Bank code
- 4 letters that identify the bank.
- HU Country code
- 2 letters for the country (ISO 3166).
- H1 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 KOVTHUH1XXX?
KOVTHUH1XXX is the SWIFT/BIC code of the main office of Kormend Es Videke Takarekszovetkezet in Kormend, Hungary. Use it when a payment to Kormend Es Videke Takarekszovetkezet does not need a specific branch.
Are KOVTHUH1 and KOVTHUH1XXX the same SWIFT code?
Yes, they are. KOVTHUH1 is the 8-character version of KOVTHUH1XXX. XXX simply refers to the head office, so both will reach Kormend Es Videke Takarekszovetkezet in Kormend.
What do the letters in KOVTHUH1XXX mean?
KOVT is the institution code of Kormend Es Videke Takarekszovetkezet, HU is the ISO code of Hungary, H1 is the location code and XXX marks the head office.
How long does a transfer to Kormend Es Videke Takarekszovetkezet take?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
Do I need KOVTHUH1XXX for a euro transfer to Hungary?
Hungary belongs to the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you do need KOVTHUH1XXX.
What is the cheapest way to send money to Kormend Es Videke Takarekszovetkezet in Hungary?
Banks often add 1–3% to the exchange rate on top of a fee. Check the amount that arrives in Hungarian Forint with transfer services before you send – the difference can be large.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.