SWIFT/BIC code VARUPHM1XXX
VARUPHM1XXX belongs to Valiant Bank, Inc. ( A Rural Bank) in Iloilo, Philippines.
Code details
| SWIFT/BIC code | VARUPHM1XXX |
|---|---|
| 8-character code | VARUPHM1 |
| Branch code | XXX |
| Bank | Valiant Bank, Inc. ( A Rural Bank) |
| Branch | Head office |
| City | Iloilo |
| Country | Philippines |
How the Valiant Bank, Inc. ( A Rural Bank) SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- VARU Bank code
- 4 letters that identify the bank.
- PH Country code
- 2 letters for the country (ISO 3166).
- M1 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/BIC code VARUPHM1XXX?
The code VARUPHM1XXX belongs to the main office of Valiant Bank, Inc. ( A Rural Bank) in Iloilo, Philippines. It is the code to use when you send money to an account at Valiant Bank, Inc. ( A Rural Bank).
What do I need to send money to an account at Valiant Bank, Inc. ( A Rural Bank)?
You need the SWIFT/BIC code VARUPHM1XXX, the IBAN or local account number of the recipientand the name of the account holder. Philippines uses international SWIFT transfers, so always include the BIC.
What does each part of VARUPHM1XXX stand for?
VARU is the bank code of Valiant Bank, Inc. ( A Rural Bank), PH is the ISO code of Philippines, M1 is the code for the city or region and XXX marks the main office.
What is the best way to send money to Valiant Bank, Inc. ( A Rural Bank)?
Many banks add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Philippine Peso with specialist providers before you send.
How long does a transfer to Valiant Bank, Inc. ( A Rural Bank) take in Philippines?
A SWIFT payment usually takes 2–5 business days, because of intermediary banks and cut-off times. Specialist transfer services are often faster and cheaper.
What happens if I enter VARUPHM1XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check VARUPHM1XXX with the recipient before you confirm.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.