JOINT STOCK COMMERCIAL BANK FOR FOREIGN TRADE OF VIETNAM Branches' Swift Codes

A Swift Code is the standard format for Business Identifier Codes BIC and it's a unique identificationcode for banks and financial institutions globally. These codes are used when transferring money between banks,in particular for international wire transfers or SEPA payments.

It is a unique identification code for both financial and non-financial institutions. The acronym SWIFT stands for the Society for Worldwide Interbank Financial Telecommunication.

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When assigned to a non-financial institution, the code may also be known as a Business Entity Identifier or BEI. The codes can sometimes be found on account statements.

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The TARGET-directory lists all the BICs of the banks that are attached to the TARGET2-network being a subset of the SWIFT-directory of BICs. Swift codes also known as BIC Codes is a unique bank identifier used to verify financial transactions such as a Bank Wire Transfer.

The bank swift code provides information about the bank and branch where the money should be transferred.

Being able to check information about the Swift Code will provide you with the proper information necessary to make or receive payments. Some of the banks and their associated branches benefit from an address listing which provides you with the means to match swift codes with financial institution office address.

This unique swift code directory provides businesses and individuals with an easy way to avoid bank transfer and money transfer mistakes.

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