|VTCBVNVX Copy Send via thư điện tử|
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|Get paid at the real exchange rate by using Wise.|
|VIETNAM TECHNOLOGICAL và COMMERCIAL JOINT STOCK BANK|
|Vietnam Technological and Commercial JSB|
|TECHCOMBANK TOWER, 191 cha TRIEU, HAI bố TRUNG|
|VTCBVNVX or VTCBVNVXXXX|
|VTCB - code assigned lớn VIETNAM TECHNOLOGICAL và COMMERCIAL JOINT STOCK bank|
|cả nước - code belongs lớn Vietnam|
|VX - represents location, second digit 'X' means active code|
|XXX or not assigned, indicating this is a head office|
What is a SWIFT Code?A SWIFT Code is a standard format of bank Identifier Code (BIC) used khổng lồ specify a particular bank or branch. These codes are used when transferring money between banks, particularly for international wire transfers. Banks also use these codes for exchanging messages between them.
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SWIFT codes comprise of 8 or 11 characters. All 11 digit codes refer to lớn specific branches, while 8 digit codes (or those ending in 'XXX') refer to the head or primary office. SWIFT codes are formatted as follows:
AAAA BB CC DDDFirst 4 characters - bank code (only letters) Next 2 characters - ISO 3166-1 alpha-2 country code (only letters) Next 2 characters - location code, passive participant will have "1" in the second character (letters and digits) Last 3 characters - branch code, optional - 'XXX' for primary office (letters và digits)
The downside of international transfers with your bank
When you send or receive money using your bank, you might thua out on a bad exchange rate và pay hidden fees as a result. That's because the banks still use an old system to exchange money. We recommend you use Wise (formerly TransferWise), which is usually much cheaper. With their smart technology:You get a great exchange rate & a low, upfront fee every time. You move your money as fast as the banks, and often faster – some currencies go through in minutes. Your money is protected with bank-level security. You join over 2 million customers who transfer in 47 currencies across 70 countries.
The registrations of SWIFT codes are handled by Society for Worldwide Interbank Financial Telecommunication (SWIFT) & their headquarters is located in La Hulpe, Belgium. SWIFT is the registered trademark of S.W.I.F.T. SCRL with a registered address at Avenue Adèle 1, B-1310 La Hulpe, Belgium.