SWIFT/BIC code TESMBGS1XXX
TESMBGS1XXX belongs to Texim Asset Management in Sofia, Bulgaria.
Code details
| SWIFT/BIC code | TESMBGS1XXX |
|---|---|
| 8-character code | TESMBGS1 |
| Branch code | XXX |
| Bank | Texim Asset Management |
| Branch | Head office |
| City | Sofia |
| Country | Bulgaria |
How the Texim Asset Management SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- TESM 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
What bank uses SWIFT code TESMBGS1XXX?
The code TESMBGS1XXX belongs to the headquarters of Texim Asset Management in Sofia, Bulgaria. Use it when you send money to an account at Texim Asset Management.
Are TESMBGS1 and TESMBGS1XXX the same SWIFT code?
Yes, they are. TESMBGS1 is the 8-character version of TESMBGS1XXX. XXX simply refers to the head office, so either version routes your payment to Texim Asset Management in Sofia.
How long does a transfer to Texim Asset Management take?
SEPA payments in euros usually arrive within one business day. Payments in other currencies can take 2–4 business days.
Do I need TESMBGS1XXX to send euros to Bulgaria?
Bulgaria is part of the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you still need TESMBGS1XXX.
What is the best way to send money to Texim Asset Management?
Many banks add several percent 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.
What does each part of TESMBGS1XXX mean?
TESM is the bank code of Texim Asset Management, BG is the ISO code of Bulgaria, S1 is the code for the city or region and XXX marks the main office.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.