SWIFT Code ABVOSEGG — AB VOLVO, GOTHENBURG

About SWIFT Code ABVOSEGG — AB VOLVO, GOTHENBURG

SWIFT code ABVOSEGG is the official 8-character head-office BIC (Bank Identifier Code) for AB VOLVO in GOTHENBURG, Sweden. 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 AB VOLVO for all outward international remittances from GOTHENBURG. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code ABVOSEGG

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

When to Use SWIFT Code ABVOSEGG

Receiving International Wire Transfers

To receive money from abroad at your AB VOLVO account in GOTHENBURG, share SWIFT code ABVOSEGG 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 AB VOLVO, GOTHENBURG must provide SWIFT code ABVOSEGG. 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 AB VOLVO in GOTHENBURG rely on SWIFT code ABVOSEGG 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 AB VOLVO →

For cheque clearing or NACH mandates, use the MICR code for AB VOLVO →

For TDS challan deposits, find the BSR code for AB VOLVO →

How SWIFT Code ABVOSEGG Routes an International Transfer

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

Common Mistakes When Using SWIFT Code ABVOSEGG

• Spaces or lowercase letters — Always enter ABVOSEGG uppercase with no spaces.
• Using the wrong city — This code is for GOTHENBURG 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 Sweden.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm ABVOSEGG directly with AB VOLVO's GOTHENBURG branch or via the SWIFT BIC Directory.