SWIFT Code DEMIBGSF — D COMMERCE BANK AD, SOFIA

About SWIFT Code DEMIBGSF — D COMMERCE BANK AD, SOFIA

SWIFT code DEMIBGSF is the official 8-character head-office BIC (Bank Identifier Code) for D COMMERCE BANK AD in SOFIA, Bulgaria. 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 D COMMERCE BANK AD for all outward international remittances from SOFIA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code DEMIBGSF

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

When to Use SWIFT Code DEMIBGSF

Receiving International Wire Transfers

To receive money from abroad at your D COMMERCE BANK AD account in SOFIA, share SWIFT code DEMIBGSF 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 D COMMERCE BANK AD, SOFIA must provide SWIFT code DEMIBGSF. 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 D COMMERCE BANK AD in SOFIA rely on SWIFT code DEMIBGSF 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 D COMMERCE BANK AD →

For cheque clearing or NACH mandates, use the MICR code for D COMMERCE BANK AD →

For TDS challan deposits, find the BSR code for D COMMERCE BANK AD →

How SWIFT Code DEMIBGSF Routes an International Transfer

1. Initiation: The sender provides SWIFT code DEMIBGSF 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 D COMMERCE BANK AD.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: D COMMERCE BANK AD receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code DEMIBGSF

• Spaces or lowercase letters — Always enter DEMIBGSF uppercase with no spaces.
• Using the wrong city — This code is for SOFIA 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 Bulgaria.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm DEMIBGSF directly with D COMMERCE BANK AD's SOFIA branch or via the SWIFT BIC Directory.