SWIFT Code BPAZBOL1 — BANCO DE LA PAZ, S.A., LA PAZ

About SWIFT Code BPAZBOL1 — BANCO DE LA PAZ, S.A., LA PAZ

SWIFT code BPAZBOL1 is the official 8-character head-office BIC (Bank Identifier Code) for BANCO DE LA PAZ, S.A. in LA PAZ, Bolivia. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by BANCO DE LA PAZ, S.A. for all outward international remittances from LA PAZ. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code BPAZBOL1

The code BPAZBOL1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code BPAZBOL1

Receiving International Wire Transfers

To receive money from abroad at your BANCO DE LA PAZ, S.A. account in LA PAZ, share SWIFT code BPAZBOL1 with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at BANCO DE LA PAZ, S.A., LA PAZ must provide SWIFT code BPAZBOL1. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using BANCO DE LA PAZ, S.A. in LA PAZ rely on SWIFT code BPAZBOL1 for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for BANCO DE LA PAZ, S.A. →

For cheque clearing or NACH mandates, use the MICR code for BANCO DE LA PAZ, S.A. →

For TDS challan deposits, find the BSR code for BANCO DE LA PAZ, S.A. →

How SWIFT Code BPAZBOL1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code BPAZBOL1 and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to BANCO DE LA PAZ, S.A..
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BANCO DE LA PAZ, S.A. receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code BPAZBOL1

• Spaces or lowercase letters — Always enter BPAZBOL1 uppercase with no spaces.
• Using the wrong city — This code is for LA PAZ only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within Bolivia.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm BPAZBOL1 directly with BANCO DE LA PAZ, S.A.'s LA PAZ branch or via the SWIFT BIC Directory.