Banco de Credito de Bolivia S.A. SWIFT/BIC code

What BCPLBOLX means for a payment to Banco de Credito de Bolivia S.A.

The 8-character code BCPLBOLX and the 11-character code BCPLBOLXXXX identify the same bank: Banco de Credito de Bolivia S.A. in La Paz, Bolivia. A BIC has a single purpose: it makes sure that a cross-border transfer ends up at the right bank. In practice you usually come across the code on international invoices, in your banking app and on the account details of Banco de Credito de Bolivia S.A. customers.

Further down you will find the practical side: receiving money at Banco de Credito de Bolivia S.A., sending money abroad and how to verify the code before you hit send. Keep in mind that the SWIFT code just identifies the bank, not the person: the account number or IBAN does that part.

Receiving money from abroad at Banco de Credito de Bolivia S.A.

Someone abroad who wants to pay you needs a few details from you. The basics are: the account holder’s name, account number or IBAN, BCPLBOLXXXX or BCPLBOLX and in many cases your home address.

Some sending banks want the bank’s address. A typo in the IBAN can be harder to fix than you might think; copy them from your banking app rather than typing.

What lands in your account is often lower than what was sent. Correspondent banks can take a fee, Banco de Credito de Bolivia S.A. may charge for incoming payments, and if the currency changes, a markup on the rate comes on top. On invoices, it is common to state how the fees are split.

When will the money arrive at Banco de Credito de Bolivia S.A.?

There is no fixed answer: many arrive the same day or the next. Payments made after the cut-off time or on a weekend or public holiday usually start the next business day. Sometimes a bank wants to know what the payment is for before releasing it.

If a transfer is delayed, ask your bank for the status and the transaction reference so they can trace it along the chain. Save the payment confirmation until the money has arrived.

The bank that sent the money is able to request a trace. As a recipient, it helps to check your account to see a slightly lower amount because fees can reduce the amount.

Choosing between the 3 SWIFT codes of Banco de Credito de Bolivia S.A.

Banco de Credito de Bolivia S.A. has 3 different SWIFT/BIC codes across 3 cities. Only one is the head office code, BCPLBOLXXXX; the others identify branches or departments.

Unless the recipient tells you otherwise, go with BCPLBOLXXXX. Branch codes are only needed when the recipient’s bank explicitly mentions it.

The best way is to take the code straight from the recipient’s bank details. Branch codes can change over time, so do not rely on old paperwork.

International transfers from Banco de Credito de Bolivia S.A.: the real cost

If you transfer money to another country through Banco de Credito de Bolivia S.A., the fee you see is only part of the cost. On top of the transfer fee, correspondent or intermediary banks can deduct a fee, and if the money changes currency, the bank usually applies a rate that is less favourable than the real market rate.

Most of the cost usually sits in the exchange rate, not in the fee: the bank converts using an exchange rate with a margin built in. Compare their rate against the mid-market rate; the gap is what conversion costs you.

For a lot of currency pairs, a specialist provider is cheaper than a bank – mostly thanks to the rate. GoldexPay compares the amount that arrives with different providers, which makes the cheapest option easy to spot. Using a transfer service does not mean closing your account at Banco de Credito de Bolivia S.A..

8 or 11 characters: BCPLBOLX versus BCPLBOLXXXX

A BIC is built from fixed blocks: characters one to four identify the bank, the next two give the country and characters seven and eight indicate the location. That gives you BCPLBOLX, the short form of the code.

The full version has three more characters that identify a branch or department. If the last three are XXX, the code points to the head office, which is why BCPLBOLXXXX and BCPLBOLX lead to the same place.

Type the code in one piece, in upper case and without spaces, exactly as shown here. A single character can send the money to a different institution, so copy it carefully.

A note on our data

We gather bank codes from public sources and check our list from time to time. It can happen that information here is out of date after a merger or reorganisation. The figures we show reflect our own data.

Use our data as a starting point, rather than as the last word. We are an independent comparison site and not affiliated with Banco de Credito de Bolivia S.A.. Found an error? Tell us via our contact form.

How to check BCPLBOLX before you pay

The best place to find the correct BIC is a document from the bank itself, such as a statement or the account details in online banking. If the code you have does not match BCPLBOLX or BCPLBOLXXXX, do not guess: check with the recipient or with Banco de Credito de Bolivia S.A. directly.

With a wrong code, the payment might be delayed, be returned or end up costing more. An error in the IBAN or account number can be a bigger problem, because the money may be credited to someone else; check it just as carefully.

Most online banking apps check the format of IBANs – that confirms the format, not the owner. More and more banks check the name against the account before you confirm; take any warning seriously. For a first payment, some people start with a small test amount and wait for confirmation.

Protect yourself against fake payment requests

One of the most common tricks works like this: you receive a message saying that a supplier now has new bank details and asking you to pay there from now on. That BCPLBOLX is a real code is no guarantee that the account is legitimate – fraudsters use real bank codes as well.

Verify new payment details via a different channel, such as a phone number you already know. Pressure and requests to keep it quiet tend to be red flags – a real supplier can wait a day. When money has already gone to a fraudster, call your bank right away.

Scams also work the other way. Someone claims to have sent more than agreed and asks you to refund the difference. Wait until the money is actually in your account.