SWIFT/BIC code VALKVEC1XXX
VALKVEC1XXX belongs to Valinbank in Caracas, Venezuela.
Code details
| SWIFT/BIC code | VALKVEC1XXX |
|---|---|
| 8-character code | VALKVEC1 |
| Branch code | XXX |
| Bank | Valinbank |
| Branch | Head office |
| City | Caracas |
| Country | Venezuela |
The way the Valinbank SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- VALK Bank code
- 4 letters that identify the bank.
- VE Country code
- 2 letters for the country (ISO 3166).
- C1 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/BIC code VALKVEC1XXX?
VALKVEC1XXX identifies the head office of Valinbank in Caracas, Venezuela. Use it when you send money to an account at Valinbank.
What do I need to send money to an account at Valinbank?
You need the SWIFT/BIC code VALKVEC1XXX, the account number or IBAN of the recipientand the name of the account holder. Venezuela is not part of SEPA, so the BIC is required.
What do the letters in VALKVEC1XXX mean?
VALK is the bank code of Valinbank, VE is the ISO code of Venezuela, C1 is the code for the city or region and XXX marks the main office.
How long does it take to send money to Valinbank?
A SWIFT payment usually takes 1–5 business days, because of correspondent banks and time zones. Specialist transfer services are often quicker and cheaper.
What is the cheapest way to send money to Valinbank?
Many banks add several percent to the exchange rate on top of a fee. Compare what you receive in Venezuela with specialist providers before you send.
Does Valinbank use a single SWIFT/BIC code?
Yes, VALKVEC1XXX is the single SWIFT/BIC code we have for Valinbank in Venezuela, so there is no branch code to choose.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.