SWIFT/BIC code VAIFECE1XXX
VAIFECE1XXX belongs to Valorfinsa S.A. Intermediaria Financiera in Quito, Ecuador.
Code details
| SWIFT/BIC code | VAIFECE1XXX |
|---|---|
| 8-character code | VAIFECE1 |
| Branch code | XXX |
| Bank | Valorfinsa S.A. Intermediaria Financiera |
| Branch | Head office |
| City | Quito |
| Country | Ecuador |
The way the Valorfinsa S.A. Intermediaria Financiera SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- VAIF Bank code
- 4 letters that identify the bank.
- EC Country code
- 2 letters for the country (ISO 3166).
- E1 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 BIC VAIFECE1XXX?
VAIFECE1XXX identifies the headquarters of Valorfinsa S.A. Intermediaria Financiera in Quito, Ecuador. Use it when you send money to an account at Valorfinsa S.A. Intermediaria Financiera.
How long does a transfer to Valorfinsa S.A. Intermediaria Financiera take in Ecuador?
A SWIFT payment usually takes 1–5 business days, because of correspondent banks and time zones. Money transfer services are often quicker and cheaper.
What does each part of VAIFECE1XXX mean?
VAIF is the bank code of Valorfinsa S.A. Intermediaria Financiera, EC stands for Ecuador, E1 is the code for the city or region and XXX marks the main office.
What do I need to send money to an account at Valorfinsa S.A. Intermediaria Financiera?
You need the SWIFT/BIC code VAIFECE1XXX, the account number or IBAN of the recipientand the name of the account holder. Ecuador uses international SWIFT transfers, so the BIC is required.
What happens if I use VAIFECE1XXX incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check VAIFECE1XXX against the details from Valorfinsa S.A. Intermediaria Financiera before sending.
What is the best way to send money to Valorfinsa S.A. Intermediaria Financiera?
Many banks add several percent to the exchange rate on top of a fee. Check the amount that arrives in US Dollar with transfer services before you send.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.