SWIFT Code VASFECE1 — VAZCORP SOCIEDAD FINANCIERA S.A., CUENCA

About SWIFT Code VASFECE1 — VAZCORP SOCIEDAD FINANCIERA S.A., CUENCA

SWIFT code VASFECE1 is the official 8-character head-office BIC (Bank Identifier Code) for VAZCORP SOCIEDAD FINANCIERA S.A. in CUENCA, Ecuador. 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 VAZCORP SOCIEDAD FINANCIERA S.A. for all outward international remittances from CUENCA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code VASFECE1

The code VASFECE1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code VASFECE1

Receiving International Wire Transfers

To receive money from abroad at your VAZCORP SOCIEDAD FINANCIERA S.A. account in CUENCA, share SWIFT code VASFECE1 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 VAZCORP SOCIEDAD FINANCIERA S.A., CUENCA must provide SWIFT code VASFECE1. 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 VAZCORP SOCIEDAD FINANCIERA S.A. in CUENCA rely on SWIFT code VASFECE1 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 VAZCORP SOCIEDAD FINANCIERA S.A. →

For cheque clearing or NACH mandates, use the MICR code for VAZCORP SOCIEDAD FINANCIERA S.A. →

For TDS challan deposits, find the BSR code for VAZCORP SOCIEDAD FINANCIERA S.A. →

How SWIFT Code VASFECE1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code VASFECE1 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 VAZCORP SOCIEDAD FINANCIERA S.A..
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: VAZCORP SOCIEDAD FINANCIERA S.A. receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code VASFECE1

• Spaces or lowercase letters — Always enter VASFECE1 uppercase with no spaces.
• Using the wrong city — This code is for CUENCA 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 Ecuador.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm VASFECE1 directly with VAZCORP SOCIEDAD FINANCIERA S.A.'s CUENCA branch or via the SWIFT BIC Directory.