SWIFT/BIC code SATTBGS1XXX
SATTBGS1XXX belongs to Select Asset Managment in Sofia, Bulgaria.
Code details
| SWIFT/BIC code | SATTBGS1XXX |
|---|---|
| 8-character code | SATTBGS1 |
| Branch code | XXX |
| Bank | Select Asset Managment |
| Branch | Head office |
| City | Sofia |
| Country | Bulgaria |
How the Select Asset Managment SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- SATT 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 is behind SWIFT code SATTBGS1XXX?
SATTBGS1XXX is the SWIFT/BIC code of the headquarters of Select Asset Managment in Sofia, Bulgaria. Use it when a payment to Select Asset Managment does not need a specific branch.
What does each part of SATTBGS1XXX mean?
SATT is the institution code of Select Asset Managment, BG stands for Bulgaria, S1 is the location code and XXX means the main office.
What is the cheapest way to send money to Select Asset Managment in Bulgaria?
Many banks add several percent to the exchange rate on top of a fee. Check the amount that arrives in Bulgaria with specialist providers before you send – the difference can be large.
How long does it take to send money to Select Asset Managment in Bulgaria?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 2–4 business days.
Do I need SATTBGS1XXX to send euros to Bulgaria?
Bulgaria belongs to the SEPA area. When you send euros the IBAN normally suffices. If you send another currency you do need SATTBGS1XXX.
Is SATTBGS1 and SATTBGS1XXX the same SWIFT code?
Yes. SATTBGS1 is the 8-character version of SATTBGS1XXX. XXX simply means head office, so both will reach Select Asset Managment in Sofia.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.