SWIFT Code BANFVEC102C — BANCO FINANCIERO, PUERTO LA CRUZ

About SWIFT Code BANFVEC102C — BANCO FINANCIERO, PUERTO LA CRUZ

SWIFT code BANFVEC102C is the official 11-character branch-specific BIC (Bank Identifier Code) for BANCO FINANCIERO in PUERTO LA CRUZ, Venezuela. 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 BANCO FINANCIERO for all outward international remittances from PUERTO LA CRUZ. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code BANFVEC102C

The code BANFVEC102C follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code BANFVEC102C

Receiving International Wire Transfers

To receive money from abroad at your BANCO FINANCIERO account in PUERTO LA CRUZ, share SWIFT code BANFVEC102C 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 BANCO FINANCIERO, PUERTO LA CRUZ must provide SWIFT code BANFVEC102C. 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 BANCO FINANCIERO in PUERTO LA CRUZ rely on SWIFT code BANFVEC102C 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 BANCO FINANCIERO →

For cheque clearing or NACH mandates, use the MICR code for BANCO FINANCIERO →

For TDS challan deposits, find the BSR code for BANCO FINANCIERO →

How SWIFT Code BANFVEC102C Routes an International Transfer

1. Initiation: The sender provides SWIFT code BANFVEC102C 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 BANCO FINANCIERO.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BANCO FINANCIERO receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code BANFVEC102C

• Spaces or lowercase letters — Always enter BANFVEC102C uppercase with no spaces.
• Using the wrong city — This code is for PUERTO LA CRUZ 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 Venezuela.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm BANFVEC102C directly with BANCO FINANCIERO's PUERTO LA CRUZ branch or via the SWIFT BIC Directory.