SWIFT Code FIOZCZP1 — FIO, DRUZSTEVNI ZALOZNA, PRAGUE

About SWIFT Code FIOZCZP1 — FIO, DRUZSTEVNI ZALOZNA, PRAGUE

SWIFT code FIOZCZP1 is the official 8-character head-office BIC (Bank Identifier Code) for FIO, DRUZSTEVNI ZALOZNA in PRAGUE, Czech Republic. 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 FIO, DRUZSTEVNI ZALOZNA for all outward international remittances from PRAGUE. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code FIOZCZP1

The code FIOZCZP1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code FIOZCZP1

Receiving International Wire Transfers

To receive money from abroad at your FIO, DRUZSTEVNI ZALOZNA account in PRAGUE, share SWIFT code FIOZCZP1 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 FIO, DRUZSTEVNI ZALOZNA, PRAGUE must provide SWIFT code FIOZCZP1. 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 FIO, DRUZSTEVNI ZALOZNA in PRAGUE rely on SWIFT code FIOZCZP1 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 FIO, DRUZSTEVNI ZALOZNA →

For cheque clearing or NACH mandates, use the MICR code for FIO, DRUZSTEVNI ZALOZNA →

For TDS challan deposits, find the BSR code for FIO, DRUZSTEVNI ZALOZNA →

How SWIFT Code FIOZCZP1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code FIOZCZP1 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 FIO, DRUZSTEVNI ZALOZNA.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: FIO, DRUZSTEVNI ZALOZNA receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code FIOZCZP1

• Spaces or lowercase letters — Always enter FIOZCZP1 uppercase with no spaces.
• Using the wrong city — This code is for PRAGUE 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 Czech Republic.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm FIOZCZP1 directly with FIO, DRUZSTEVNI ZALOZNA's PRAGUE branch or via the SWIFT BIC Directory.