State Bank of Vietnam SWIFT/BIC code

State Bank of Vietnam SWIFT code: NABVVNV1

If an invoice shows NABVVNV1 or NABVVNV1XXX, it is the same identifier for State Bank of Vietnam in Vietnam. A SWIFT code shows the sending bank which institution should receive the money, a bit like a postal address for banks. In practice you mostly come across it on invoices from abroad, in your banking app and on the account details of State Bank of Vietnam customers.

We wrote this page to help people who sends money to an account at State Bank of Vietnam and wants to get the details right. The BIC names an institution, never a specific account.

Choosing between the 2 SWIFT codes of State Bank of Vietnam

Our directory lists 2 SWIFT/BIC codes for State Bank of Vietnam in 1 places. Next to the head office code NABVVNV1XXX, there are codes for branches, departments or specific services.

If nobody asks you for a branch code, go with NABVVNV1XXX. If you have been given a branch code, use it as it is rather than replacing it for the head office code.

If you are not sure, ask the person you are paying for the exact BIC in their bank details. Codes for branches are more likely to be retired than NABVVNV1XXX when a bank merges or closes offices.

Why State Bank of Vietnam has an 8- and an 11-character code

The layout of a BIC never changes: a bank code of four letters, two for the country and a two-character location code, sometimes followed by a branch code. In this case, that core is NABVVNV1.

Many payment forms accept either length. If yours requires eleven characters, use NABVVNV1XXX.

Do not add spaces, dots when you enter NABVVNV1 or NABVVNV1XXX. Pasting the code beats typing it by hand.

Transfer times and tracking a payment to State Bank of Vietnam

A SWIFT payment typically takes anywhere from one to several business days. Transfers sent late in the day or on a weekend or public holiday often go out a business day later. Occasionally a bank wants to know about the purpose of a payment.

When a payment takes longer than expected, contact your bank about the tracking status; with that reference banks can see where the payment is. Specialist transfer services often provide a status in their app so you can see how far the money is.

If the money does not arrive within the expected time, the sender should start with the bank that sent it. Ask the sender for a copy of the payment confirmation – it helps your own bank look for the money.

Receiving money from abroad at State Bank of Vietnam

To receive a transfer from abroad into your account at State Bank of Vietnam, the sender needs more than the BIC. That means: your name exactly as it appears on the account, your account number or IBAN, the BIC NABVVNV1XXX and, often, your postal address.

The sender’s bank might request the bank address of State Bank of Vietnam, in which case the Hanoi head office is the usual answer. Check each detail before you send them.

Expect that the incoming amount is below what the sender paid. Fees for incoming transfers differ from bank to bank; check the price list of State Bank of Vietnam. On invoices, you can agree how the fees are split.

International transfers from State Bank of Vietnam: the real cost

If you send money abroad through State Bank of Vietnam, the visible fee is only part of what you pay. There is the fee for the transfer itself, possibly charges from correspondent banks in between and, most importantly, the exchange rate markup when the money is converted.

That exchange rate margin tends to be the biggest item. An easy check: set the bank’s rate next to the mid-market rate for the same moment and look at the difference.

Money transfer services often offer a rate near the mid-market rate. Next time you send money, take a minute to compare what arrives on GoldexPay rather than accepting the bank’s rate by default. Using a transfer service does not mean leaving State Bank of Vietnam – you pay the provider from your own account.

Verifying the SWIFT code of State Bank of Vietnam

The most reliable source for a SWIFT code is the bank details provided by the recipient: an invoice, a bank statement or their online banking. If the code you have differs from NABVVNV1 or NABVVNV1XXX, stop and ask – contact the recipient or State Bank of Vietnam.

With a wrong code, the payment might get stuck, be returned or end up costing more, and tracing it can take weeks. Do not forget the account number: a mistake there can be harder to undo than a wrong BIC.

An automatic check in your banking app only confirms that the IBAN exists, not that it is the right account. If your bank offers it, a name check on the recipient adds an extra layer of safety. Sending a small amount first is worth it for a large first payment, even if it costs an extra fee.

Protect yourself against fake payment requests

Be wary if someone unexpectedly wants you to send money to another account. A valid SWIFT code tells you nothing about whether the request is genuine.

Always confirm changed bank details through a phone call on a number you know, not one from the message. Urgency and secrecy are red flags – a real supplier can wait a day. Acted too fast? Call your bank straight away and have them start a recall; also report it to the police.

Scams can also work the other way: someone claims to have sent too much and wants you to return the extra via a different route. Do not act before the money has really arrived and check with State Bank of Vietnam if anything seems off.

A note on our data

We collect SWIFT/BIC codes from public sources and update them regularly. Banks merge, change names and change codes – a directory can be a step behind. The figures we show are based on our own data and not on information from State Bank of Vietnam itself.

See the information here as a handy check and rely on the recipient or State Bank of Vietnam for the final confirmation. GoldexPay has no connection to State Bank of Vietnam; we are a comparison site for money transfers. Should you notice a mistake, we welcome a short note via the contact page.