SWIFT/BIC code SATGBGS1XXX
SATGBGS1XXX belongs to Saglasie Asset Management in Sofia, Bulgaria.
Code details
| SWIFT/BIC code | SATGBGS1XXX |
|---|---|
| 8-character code | SATGBGS1 |
| Branch code | XXX |
| Bank | Saglasie Asset Management |
| Branch | Head office |
| City | Sofia |
| Country | Bulgaria |
The way the Saglasie Asset Management SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- SATG 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 SWIFT code SATGBGS1XXX?
SATGBGS1XXX is the SWIFT/BIC code of the main office of Saglasie Asset Management in Sofia, Bulgaria. Use it when you send money to an account at Saglasie Asset Management.
Are SATGBGS1 and SATGBGS1XXX the same code?
Yes, they are. SATGBGS1 is the 8-character version of SATGBGS1XXX. XXX simply means head office, so both will reach Saglasie Asset Management in Sofia.
Do I need SATGBGS1XXX for a euro transfer to Bulgaria?
Bulgaria is part of the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you still need SATGBGS1XXX.
How long does it take to send money to Saglasie Asset Management in Bulgaria?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
What do the letters in SATGBGS1XXX mean?
SATG is the institution code of Saglasie Asset Management, BG stands for Bulgaria, S1 is the location code and XXX marks the main office.
What is the best way to send money to Saglasie Asset Management in Bulgaria?
Banks often add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Bulgaria 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.