SWIFT/BIC code TESTBGS1XXX
TESTBGS1XXX belongs to Trend Asset Management in Sofia, Bulgaria.
Code details
| SWIFT/BIC code | TESTBGS1XXX |
|---|---|
| 8-character code | TESTBGS1 |
| Branch code | XXX |
| Bank | Trend Asset Management |
| Branch | Head office |
| City | Sofia |
| Country | Bulgaria |
The way the Trend Asset Management SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- TEST 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 institution uses SWIFT/BIC code TESTBGS1XXX?
TESTBGS1XXX is the SWIFT/BIC code of the main office of Trend Asset Management in Sofia, Bulgaria. Use it when a payment to Trend Asset Management does not need a specific branch.
How long does a transfer to Trend Asset Management take in Bulgaria?
SEPA payments in euros usually arrive within one business day. Transfers in other currencies can take 1–3 business days.
Do I need TESTBGS1XXX to send euros to Bulgaria?
Bulgaria belongs to the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you still need TESTBGS1XXX.
Is TESTBGS1 and TESTBGS1XXX the same SWIFT code?
Yes. TESTBGS1 is the 8-character version of TESTBGS1XXX. XXX simply refers to the head office, so both routes your payment to Trend Asset Management in Sofia.
What does each part of TESTBGS1XXX mean?
TEST is the institution code of Trend Asset Management, BG is the ISO code of Bulgaria, S1 is the code for the city or region and XXX marks the head office.
What is the cheapest way to send money to Trend 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 specialist providers 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.