Banco Ganadero S.A. SWIFT/BIC code

Banco Ganadero S.A. SWIFT code: GNDRBO22

GNDRBO22 and GNDRBO22XXX are two ways of writing the same bank identifier, and both point to Banco Ganadero S.A. in Santa Cruz de la Sierra. A SWIFT code tells the sending bank exactly which bank is meant to get the money. In daily life you usually see it on invoices from abroad, in payment forms and in the bank details that Banco Ganadero S.A. provides.

Below you will find the practical side: money coming in from abroad, sending money abroad and how to verify a SWIFT code before you confirm a payment. The SWIFT code on its own does not identify a personal account; for that you need the account number or IBAN is for.

Getting paid from abroad into a Banco Ganadero S.A. account

For an international payment into your account at Banco Ganadero S.A., the person paying you needs more than the BIC. In practice that means: your full name exactly as it appears on the account, your IBAN or account number, the SWIFT/BIC code GNDRBO22XXX (or GNDRBO22) and sometimes your postal address.

The sender’s bank may also ask for the bank address of Banco Ganadero S.A.; the head office in Santa Cruz de la Sierra is usually fine. Check every detail before you share them.

Money from abroad will not always arrive in full. Charges on incoming payments vary from bank to bank – the price list of Banco Ganadero S.A. tells you what applies. On invoices, you can agree who bears the costs.

GNDRBO22 or GNDRBO22XXX – which one to use?

A SWIFT code is made up of a few fixed parts: the first four letters stand for the bank, characters five and six give the country and characters seven and eight indicate the location. In this case, the 8-character core is GNDRBO22.

XXX at the end of GNDRBO22XXX is not a placeholder or a mistake: it indicates the head office of Banco Ganadero S.A.. Certain payment forms ask for 11 characters, and then you simply enter XXX behind GNDRBO22.

In practice the code is typed in capitals. A single letter can send a payment to another bank, so check it twice.

Banco Ganadero S.A.: head office code versus branch codes

We have 4 SWIFT/BIC codes for Banco Ganadero S.A.. Next to the head office code GNDRBO22XXX, there are codes for regional offices and specialised units.

For the vast majority of incoming transfers, the head office code GNDRBO22XXX is what you need. Just use a branch code when your contact explicitly asks for it.

Unsure which code to use? Check with the recipient. Branch codes can change when banks reorganise, so do not rely on old paperwork.

How long does an international transfer to Banco Ganadero S.A. take?

An international transfer typically needs anywhere from one to several business days – it depends on currency, route and the banks in between. Transfers sent late in the day or on a weekend or public holiday often start a business day later. Occasionally a bank asks what the payment is for.

If the money is late, contact the sending bank about the status and the transaction reference; with that reference banks can see where the payment is. Money transfer services often provide a status in their app showing how far the payment has got.

A missing payment has to be traced by the sending bank. Ask the sender for a copy of the payment confirmation with the date and reference – it helps your own bank look for the money.

Before you send: check the Banco Ganadero S.A. code

Ask the recipient to send you their account details directly from a recent statement. Compare it with GNDRBO22 on this page; if they differ, ask before you pay.

A wrong SWIFT code can cause delays, a payment being sent back or extra fees for investigation. Do not forget the IBAN: an error there is harder to correct than a wrong BIC.

An automatic check by your bank merely confirms that the code is valid. Some banks now compare the payee name against the account before you confirm. When you pay someone new, some people send a small test amount before sending the rest.

How up to date is this code?

Our SWIFT/BIC directory is compiled from publicly available sources. Still, banks merge or change codes, so information can be out of date. Counts and locations come from our own dataset and are not confirmed by Banco Ganadero S.A..

For any payment of any size, always confirm the BIC with the recipient’s bank or with the recipient. We are a comparison service for money transfers and not affiliated with Banco Ganadero S.A.. If you notice something that is out of date, we appreciate a message.

Watch out for payment fraud

Stay alert when someone suddenly wants you to send money to a different account or a bank in another country. The fact that GNDRBO22 exists is no guarantee that the account is legitimate.

Verify new bank details through a different channel, such as a phone number you already know. Be suspicious of time pressure, odd spelling or a sender address that is slightly off. If money was sent to the wrong account, call your bank right away – speed improves the chance of getting it back.

Fraud also target the receiver: someone sends too much and asks you to refund the difference via a different route. A screenshot of a transfer proves nothing; only your own account shows what has arrived.

Paying someone abroad from your Banco Ganadero S.A. account

A bank transfer abroad costs rather more than the listed fee. There is the fee for the transfer itself, possibly charges from correspondent banks in between and, most importantly, the margin on the exchange rate.

Banks do not show the margin on the rate separately. Check the rate you are offered against the mid-market rate, the midpoint between buy and sell rates you see on financial sites.

For many routes, a specialist provider turns out to be less expensive than a traditional bank transfer – mostly thanks to the rate. GoldexPay compares these services next to each other, showing the amount the recipient gets for the same amount sent. Using a transfer service does not require closing your account at Banco Ganadero S.A. – you pay the provider from your own account.