If you regularly make transactions from all over the world, Swift code is certainly not a strange thing. So what is Swift Code? What is Vietcombank & Vietnam bank swift code? Let’s find out with Kienthuccoin below to understand the Swift code of banks:
What is Swift Code?
Swift is an acronym for the English phrase Society for Worldwide Interbank Financial Telecommunication. This association helps connect banks by making international money transactions (transfer/receipt) easy, cost-effectively, and highly secure. Code is understood as a sequence of characters consisting of letters or numbers that make up different codes.
What is Swift Code? What is Swift/BIC code? Swift Code is also known as Business Identifier Codes – BIC is an identifier, helping users identify the location of any bank or financial institution in any country in the world. Usually, Swift Code needs to be provided when doing foreign transactions.
Swift Code usually has 08 or 11 characters, and each character has its own meaning: country name, bank name, branch code.
What is Swift Code?
Swift Code is an essential mandatory requirement when transferring/receiving money from international to Vietnam. As you know the above information, Swift Code helps to unify information globally, quickly knowing the exact name of the bank you use. In this country, it is registered, at which branch; where is the specific address?
Most banks often use the Swift Code of 8 characters in Vietnam, which is the most popular. Because the 11-character type has different branch codes, a bank has many branches covering the whole country in Vietnam. Therefore, banks often put 8-character Swift Code on their website, as shown below.
Vietcombank Swift code?
Bank name: Joint Stock Commercial
Bank for Foreign Trade of Vietnam Transaction name in English: Bank for Foreign Trade of Vietnam
Bank abbreviation: Vietcombank
SWIFT Code: BFTVVNVX
- The first four characters (BFTV) are used to identify the bank name: Bank for Foreign Trade of Vietnam (VietcomBank) – Joint Stock Commercial Bank for Foreign Trade of Vietnam.
- The following two characters (VN) are used to identify the country of Vietcombank – Vietnam.
- The following two characters (VX) are used for local identification.
This SWIFT code is also applied nationwide at all transaction offices and Vietcombank branches. So no matter what branch or region you are in, you can use this code.
List of Swift Code codes of banks in Vietnam
|abbreviation||Bank||Swift Code Code|
|Agribank||Vietnam Bank for Agriculture and Rural Development||VBAAVNVX|
|ACB||Asia Commercial Bank||ASCBVNVX|
|ANZ||Australia and New Zealand Banking Group||ANZBVNVX|
|ABBank||An Binh Commercial Joint Stock Bank||ABBKVNVX|
|Bao Viet Bank||Baoviet Bank||BBVVNVX|
|Bac A Bank||North Asia Commercial Joint Stock Bank||NASCVNVX|
|BIDV||Joint Stock Commercial Bank for Investment and Development of Vietnam||BIDVVNVX|
|Dong A Bank||East Asia Commercial Joint Stock Bank||EACBVNVX|
|Eximbank||Vietnam Export Import Commercial Joint Stock Bank||EBVIVNVX|
|HDBank||HCM City Development Joint Stock Bank||HDBCVNVX|
|HoleongBank||Hong Leong Bank Vietnam||HLBBVNVX|
|LongBank||Kien Long Commercial Joint Stock Bank||KLBKVNVX|
|LienVietPostBank||Lien Viet Post Joint Stock Commercial Bank||LVBKVNVX|
|MBBank||Military Commercial Joint Stock Bank||MSCBVNVX|
|Maritime Bank||Vietnam Maritime Commercial Joint Stock Bank||MCOBVNVX|
|WOMEN amABank||Nam A Commercial Joint Stock Bank||NAMAVNVX|
|NCB||National Citizen Commercial Bank||NVBAVNVX|
|OCB||Orient Commercial Joint Stock Bank||ORCOVNVX|
|OceanBank||Ocean Commercial One Member Limited Library Bank||OJBAVNVX|
|PVcomBank||Vietnam Public Joint Stock Commercial Bank||WBVNVNVX|
|PGBank||Petrolimex Group Commercial Joint Stock Bank||PGBLVNVX|
|SaigonBank||Saigon Bank for Industry and Trade||SBITVNVX|
|Sacombank||Saigon Thuong Tin Commercial Joint Stock Bank||SGTTVNVX|
|SCB||Saigon Commercial Bank||SACLVNVX|
|SHB||Saigon- Ha Noi Commercial Joint Stock Bank||SHBAVNVX|
|SeaBank||SouthEast Asia Commercial Joint Stock Bank||SEAVVNVX|
|Techcombank||Vietnam Technology and Commercial Joint Stock Bank||VTCBVNVX|
|TPBank||Tienphong Commercial Joint Stock Bank||TPBVVNVX|
|VIB||Vietnam International Commercial Joint Stock Bank||VNIBVNVX|
|Vietcombank||Joint Stock Commercial Bank for Foreign Trade of Vietnam||BFTVVNVX|
|Vietinbank||Vietnam Joint Stock Commercial Bank for Industry and Trade||ICBVVNVX|
|Vietcapital Bank||Vietcapital Commercial Joint Stock Bank||VCBCVNVX|
|VPBank||Vietnam Prosperity Joint Stock Commercial Bank||VPBKVNVX|
|IndovinaBank||Indovina Bank LTD.||IABBVNVX|
|HSBC||HSBC Private International Bank||HSBCVNVX|
If you can’t find the code, you can view and look up all Swift codes of Vietnamese banks at this website: https://www.theswiftcodes.com/vietnam/.
Above is information about “What is Swift Code? Vietcombank & Vietnam bank swift code”. I hope it can be helpful for readers Kienthuccoin.
Frequently asked questions about What is Swift Code?
What is the meaning of Swift code?
- Secure banking transactions in the strictest way when using the right system to perform
- Minimize transaction costs with the same system
- Process a large number of transactions at a fast speed
- Create a banking community Modern banks serve personal and customer interests well.
- Banks will operate on national standards and established international conventions.
- All use the same standard, so there is uniformity and consistency.
How to find Swift code?
- Look up at the website: https://www.theswiftcodes.com/vietnam/.
- Call the bank switchboard to know Swift code.
What is the function of Swift code?
- Unfortunately, in the process of “shipping,” there is an error, then these Swift codes will be the information you report to the bank and be supported again.
- Swift/BIC code is secure information that helps make a successful payment process when buying goods through e-commerce sites.