SWIFT Code KBSOCH2246A — BALOISE BANK SOBA, OLTEN

About SWIFT Code KBSOCH2246A — BALOISE BANK SOBA, OLTEN

SWIFT code KBSOCH2246A is the official 11-character branch-specific BIC (Bank Identifier Code) for BALOISE BANK SOBA in OLTEN, Switzerland. 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 BALOISE BANK SOBA for all outward international remittances from OLTEN. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code KBSOCH2246A

The code KBSOCH2246A follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code KBSOCH2246A

Receiving International Wire Transfers

To receive money from abroad at your BALOISE BANK SOBA account in OLTEN, share SWIFT code KBSOCH2246A 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 BALOISE BANK SOBA, OLTEN must provide SWIFT code KBSOCH2246A. 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 BALOISE BANK SOBA in OLTEN rely on SWIFT code KBSOCH2246A 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 BALOISE BANK SOBA →

For cheque clearing or NACH mandates, use the MICR code for BALOISE BANK SOBA →

For TDS challan deposits, find the BSR code for BALOISE BANK SOBA →

How SWIFT Code KBSOCH2246A Routes an International Transfer

1. Initiation: The sender provides SWIFT code KBSOCH2246A 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 BALOISE BANK SOBA.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BALOISE BANK SOBA receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code KBSOCH2246A

• Spaces or lowercase letters — Always enter KBSOCH2246A uppercase with no spaces.
• Using the wrong city — This code is for OLTEN 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 Switzerland.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm KBSOCH2246A directly with BALOISE BANK SOBA's OLTEN branch or via the SWIFT BIC Directory.