SWIFT/BIC code PAEXLV21XXX
PAEXLV21XXX belongs to Sc Parex Banka in Riga, Latvia.
Code details
| SWIFT/BIC code | PAEXLV21XXX |
|---|---|
| 8-character code | PAEXLV21 |
| Branch code | XXX |
| Bank | Sc Parex Banka |
| Branch | Head office |
| City | Riga |
| Country | Latvia |
The way the Sc Parex Banka SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- PAEX Bank code
- 4 letters that identify the bank.
- LV 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 SWIFT/BIC code PAEXLV21XXX?
PAEXLV21XXX identifies the headquarters of Sc Parex Banka in Riga, Latvia. Use it when a payment to Sc Parex Banka does not need a specific branch.
What does each part of PAEXLV21XXX mean?
PAEX is the institution code of Sc Parex Banka, LV is the ISO code of Latvia, 21 is the code for the city or region and XXX means the main office.
How long does a transfer to Sc Parex Banka take?
Euro transfers within SEPA normally arrive the next business day. Payments in other currencies can take 2–4 business days.
Do I need PAEXLV21XXX to send euros to Latvia?
Latvia is part of the SEPA area. For euro transfers the IBAN normally suffices. If you send another currency you still need PAEXLV21XXX.
Is PAEXLV21 and PAEXLV21XXX the same SWIFT code?
Yes. PAEXLV21 is the 8-character version of PAEXLV21XXX. XXX simply refers to the head office, so either version will reach Sc Parex Banka in Riga.
Does Sc Parex Banka have only one SWIFT/BIC code?
Yes – PAEXLV21XXX is the single SWIFT/BIC code listed for Sc Parex Banka in Latvia, so there is no branch code to choose.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.