First Commercial Bank SWIFT/BIC code

What FCBKVNVX means for a payment to First Commercial Bank

FCBKVNVX and FCBKVNVXXXX are two ways of writing the same SWIFT/BIC code, and both point to First Commercial Bank in Ho Chi Minh City. A SWIFT code tells the banks handling a payment exactly which bank should receive the money, a bit like a postal address for banks. You will need it mostly for payments that cross a border and payments in foreign currencies.

Further down we go through the practical side: receiving money at First Commercial Bank, paying someone in another country and how to check the code before you confirm a payment. A SWIFT code identifies an institution, not a single account, which is why you always need the account number too.

About this information

We collect SWIFT/BIC codes using publicly available data and check them from time to time. Banks reorganise, close branches and retire codes – a directory can be a step behind. The number of codes on this page are based on our own data and not on information from First Commercial Bank itself.

Treat our data as a reference, not as the final word – the bank details from the recipient are leading. GoldexPay is a comparison site and not part of First Commercial Bank. Should you notice something that is out of date, we appreciate a short note via the contact page.

Getting paid from abroad into a First Commercial Bank account

If you expect a payment from another country, send the payer everything they need in one go. That means: your name exactly as it appears on the account, your account number or IBAN, the BIC FCBKVNVXXXX and, often, your address.

Their bank may also ask for the address of your bank, in which case the Ho Chi Minh City head office is the usual answer. A mistake in your account number can be more trouble than you might think, so copy the details from your online banking.

The amount you receive can be lower than what was sent. Intermediary banks may deduct a fee, and if the currency changes, an exchange rate margin comes on top. Make clear with the sender who covers the fees before the money is sent.

Watch out for payment fraud

Fraudsters often send payment requests with new bank details. A correct SWIFT code says nothing about who owns the account.

Check new bank details through a separate channel, not by replying to the message. Pressure and secrecy tend to be red flags – a real supplier can wait a day. Acted too fast? Call the bank you paid from without delay and ask them to try to recall the payment; also report it to the police.

Fraud also work the other way. Someone claims to have sent more than agreed and asks you to refund the extra via a different route. Wait until the money is actually in your account and check with First Commercial Bank if anything seems off.

Sending money abroad from First Commercial Bank

The price of a payment abroad has several parts. On top of the transfer fee, banks in between may deduct a fee, and when currencies are converted the bank usually uses a rate below the actual market rate.

The real cost is often in the rate, rather than in the fee: the bank converts at a rate that includes a margin. Compare their rate against the mid-market rate, the midpoint between buy and sell rates you see on financial sites. The difference is your real conversion cost.

Money transfer services often use rates closer to the mid-market rate. Next time you send money, it is worth to compare what arrives on GoldexPay. Using a transfer service does not mean closing your account at First Commercial Bank: you simply pay the service from your account.

When will the money arrive at First Commercial Bank?

There is no fixed answer: some arrive within a day while others need several business days. Payments made late in the day or on weekends and holidays often go out the next business day. Extra checks by one of the banks can also add some delay.

If a transfer seems late, contact your bank about the status and the transaction reference; with that reference banks can see where the payment is. Keep your transfer receipt until the recipient confirms; it contains the details a bank needs to start a trace.

If a payment has not arrived after a few business days, the sender should start with their own bank rather than First Commercial Bank. As a recipient, it helps to look at your account to see a slightly lower amount, since fees may have been deducted.

Why First Commercial Bank has an 8- and an 11-character code

The structure of a BIC is always the same: a bank code of four letters, two for the country and a two-character location code, plus an optional branch code. The result is FCBKVNVX for First Commercial Bank.

The 11-character version adds three more characters that identify a branch or department. If the last three are XXX, the code points to the head office.

As a rule the code is written in capitals, without spaces or dashes. A single letter can send a payment to a different institution, so check it twice.

Before you send: check the First Commercial Bank code

The most reliable source for the BIC is the bank details provided by the recipient. If the code you have does not match FCBKVNVX or FCBKVNVXXXX, stop and ask: check with the recipient or with First Commercial Bank directly.

A wrong SWIFT code can cause delays, a payment being sent back or additional charges along the way. An error in the account number can be a bigger problem.

A validity check by your bank merely tells you that the code exists – not that it belongs to the person you mean to pay. Where available, a name check before sending gives extra certainty. A small test payment is worth it for large sums.

First Commercial Bank: head office code versus branch codes

First Commercial Bank uses 2 separate SWIFT/BIC codes across 2 locations. Only one is the head office code; the others identify branches.

For most incoming transfers, the head office code FCBKVNVXXXX is the right choice. A branch code only makes sense when the account holder explicitly asks for it, which is more common for business accounts and trade services.

If you are not sure, ask the person you are paying which code their bank gave them. Branch codes are sometimes changed or retired when banks reorganise, so do not rely on old paperwork.