Bhn Multibanco S.A. SWIFT/BIC code

BHNMBOL1 – the SWIFT/BIC code of Bhn Multibanco S.A.

BHNMBOL1 and BHNMBOL1XXX are two spellings of the same bank identifier, and both lead to Bhn Multibanco S.A. in La Paz. A BIC has a single purpose: it ensures that an international payment ends up at the right bank. It comes up mainly for transfers between countries and payments in foreign currencies.

On this page you will find what the code is put together, when it matters and what else you need for a transfer to or from Bhn Multibanco S.A.. Remember that the SWIFT code just identifies the bank, not the account: the IBAN or account number does that part.

Bhn Multibanco S.A.: head office code versus branch codes

Our directory lists 3 SWIFT/BIC codes for Bhn Multibanco S.A. in 3 cities. Besides the head office code BHNMBOL1XXX, you will find codes for individual branches and departments.

Usually you do not need to look up a branch: transfers addressed to BHNMBOL1XXX reach Bhn Multibanco S.A. without problems. If you have been given a branch code, use it as it is rather than replacing it for the head office code.

The best way is to copy the code straight from the recipient’s statement. Codes are sometimes changed or retired over time.

Transfer times and tracking a payment to Bhn Multibanco S.A.

There is no single delivery time for international payments: many land within a day. Weekends and public holidays in the sending or receiving country add a day or more, since banks do not process on those days. Extra checks on larger or unusual payments can also add a delay, regardless of the details.

When a payment takes longer than expected, contact the sending bank about the tracking status. Money transfer services usually provide a status in their app so you can see how far the money has got.

A delayed transfer has to be investigated by the sending bank, using the payment confirmation. As a recipient, you can check your account for a partial amount because fees can reduce the amount.

Verifying the SWIFT code of Bhn Multibanco S.A.

Have the recipient copy their bank details directly from their banking app. If the code you have does not match BHNMBOL1 or BHNMBOL1XXX, do not guess: check with the recipient or with Bhn Multibanco S.A. directly.

If the code is wrong, the payment may get stuck, bounce back or cost extra. Remember the IBAN: a mistake there can be harder to undo than a wrong BIC.

Many banking apps validate the structure of an IBAN – that confirms the format, not the owner. Where available, a payee name check on the recipient gives an extra layer of safety. A small test payment is a sensible step for a large first payment.

What a transfer from Bhn Multibanco S.A. abroad really costs

The price of a payment abroad is made up of more than one component, and the transfer fee is only the most visible one. There is the fee for the transfer itself, possibly fees charged by intermediary banks in between and, above all, the exchange rate markup.

The real cost is often in the rate, not in the fee: the bank converts using an exchange rate with a margin built in. An easy check: put the rate you get against the mid-market rate and look at the difference.

For many currency pairs, a transfer service turns out to be cheaper than a bank. On GoldexPay we compare what recipients receive with different providers, which makes the cheapest option easy to spot. Choosing a specialist does not mean closing your account at Bhn Multibanco S.A. – you pay the provider from your own account.

Receiving money from abroad at Bhn Multibanco S.A.

If you expect a payment from another country, give the sender all details at once. Give them the account holder’s name, the IBAN or account number, SWIFT code BHNMBOL1XXX and your address.

Their bank might also ask for the bank address of Bhn Multibanco S.A., in which case the La Paz head office is the usual answer. A typo in your account number is harder to fix than it looks.

Expect that the amount credited is below what the sender paid. Correspondent banks can take a fee, and if the money is converted, a markup on the rate comes on top. Agree with the sender who pays which costs before the money is sent.

Scams that use SWIFT codes

Be alert if a contact unexpectedly asks you to send money to a different account abroad. A valid SWIFT code says nothing about who owns the account: scammers use real codes of real banks.

Verify new payment details via a separate channel, such as a phone number you already know, never via the email that asked for the change. Pressure and secrecy are warning signs. Already paid? Call your bank without delay and have them try to recall the payment.

Fraud also target the receiver: someone sends too much and asks you to refund the extra via a different route. Wait until the money is actually in your account and check with Bhn Multibanco S.A. if anything seems off.

What the XXX in BHNMBOL1XXX means

Every SWIFT/BIC code has an 8-character core: a four-letter bank code, a two-letter country code and a two-character location code. For Bhn Multibanco S.A., that core is BHNMBOL1.

The long version adds a three-character extension that identify a branch or department. When those three characters are XXX, they simply mean the head office, so BHNMBOL1XXX and BHNMBOL1 are interchangeable.

As a rule the code is typed in capitals, without spaces or dashes. Watch for the letter O and the digit 0 or I versus 1.

A note on our data

We collect SWIFT/BIC codes from public sources and check them regularly. Still, banks merge, rename themselves or retire codes and our data may lag behind. The number of codes we show reflect what is in our directory.

Treat our directory on this page as a handy check, and let the details from the recipient or Bhn Multibanco S.A. have the final say. GoldexPay has no connection to Bhn Multibanco S.A.; we are a comparison site for money transfers. Found an error? Let us know through the contact page.