Banco Union S.A. SWIFT/BIC code

Banco Union S.A. SWIFT code: BAUNBO22

Whether a recipient gives you BAUNBO22 or BAUNBO22XXX, you are looking at the identical identifier for Banco Union S.A. in Bolivia. A SWIFT code tells every bank in the chain which institution is meant to get the money. In practice you mostly come across the code on international invoices, in payment forms and in the bank details that Banco Union S.A. provides.

This page is meant to help anyone who sends money to an account at Banco Union S.A. without mistakes. A SWIFT code names an institution, not a single account.

BAUNBO22 or BAUNBO22XXX – which one to use?

The layout of every SWIFT code never changes: a bank code of four letters, two for the country and two for the location, plus an optional branch code. Combined, those parts make up BAUNBO22 – the version you usually see online.

Most payment forms accept both lengths. If a form asks for eleven characters, enter BAUNBO22XXX.

Type the code as one block, in capitals and without spaces. A wrong letter may route a payment to a different institution.

How to check BAUNBO22 before you pay

The most reliable place for the right code is a document from the bank itself like a bank statement or the account page in online banking. Compare it with BAUNBO22 here; if they differ, ask before you pay.

With a wrong code, the transfer might be delayed, bounce back or end up costing more – sometimes after weeks of searching. Remember the account number: an error there can be more difficult to undo than a wrong code.

Most online banking apps validate the structure of an IBAN and sometimes look up the BIC automatically – that confirms the format, not the owner. If your bank offers it, a name check before sending gives extra certainty. Sending a small amount first can be worth it for a large first payment.

What a transfer from Banco Union S.A. abroad really costs

An international bank payment can cost rather more than the fee suggests. You pay the transfer fee, possibly charges from correspondent banks along the way and, most importantly, the exchange rate markup.

The real cost is often in the rate, rather than in the fee: the bank converts using an exchange rate that includes a margin. A simple test: put the rate you get next to the mid-market rate and look at the difference.

For many currency pairs, a specialist provider is less expensive than a traditional bank transfer. GoldexPay compares the amount that arrives across services, which makes the cheapest option easy to spot. Choosing a specialist does not mean closing your account at Banco Union S.A. – you pay the provider from your own account.

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

If you expect a payment from another country, give the sender everything they need in one go. What they need is: your name, account number or IBAN, BAUNBO22XXX and, for some countries, your home address.

Certain banks also ask for the name and address of Banco Union S.A. in La Paz, so keep it at hand. A mistake in your account number can be more trouble than you might think; copy them from your banking app rather than typing.

Money from abroad does not always arrive in full. Charges on incoming payments vary per bank. Make clear with the sender who covers the fees, especially for larger amounts.

Where our SWIFT data comes from

We gather bank codes using public sources and check our list from time to time. Still, banks merge or change codes, so information can be out of date. The figures on this page reflect our own data, not official figures from Banco Union S.A..

See the information here as a helpful check and rely on the recipient or Banco Union S.A. for the final confirmation. GoldexPay is not affiliated with Banco Union S.A., we only compare transfer services. Found outdated information? Tell us via our contact form.

Protect yourself against fake payment requests

One of the most common tricks works like this: you receive a message claiming that a contact has a new bank account. A valid SWIFT code tells you nothing about who owns the account – scammers simply use real codes.

Before paying, verify changed bank details through a phone call on a number you know, not one from the message. Urgency or secrecy are red flags. Acted too fast? Contact your bank without delay and ask them to start a recall; also report it to the police.

Scams also work the other way: someone sends more than agreed and asks you to refund the difference to a new account. A screenshot of a transfer is no proof – check your own account.

Choosing between the 4 SWIFT codes of Banco Union S.A.

Having 4 codes in 3 locations, Banco Union S.A. belongs to the banks that register separate codes for parts of the organisation. The head office code is BAUNBO22XXX.

Usually there is no need to look up a branch: payments addressed to BAUNBO22XXX are routed within Banco Union S.A. correctly. Branch codes are only needed when the account holder specifically mentions it, which is more common for business accounts and specialised services.

The best way is to copy the code straight from the account holder’s invoice. Branch codes are sometimes changed or retired over time.

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

How fast a payment reaches Banco Union S.A. depends on several factors: which currency you send, the number of banks in between, daily processing deadlines and differences in time zone. Transfers sent after the cut-off time or on a weekend or public holiday usually go out the next business day. Occasionally a bank asks what the payment is for before releasing it.

Many banks use SWIFT gpi, which lets them follow a payment from bank to bank. Each payment gets a unique reference, the UETR that banks can use to trace it. Specialist transfer services usually provide tracking online so you can see how far the money is.

A missing payment is traced from the sending side on the basis of the transfer details. Ask the sender for the payment receipt with the date and reference.