SWIFT Code SFTAVE22 — BANCO SOFITASA, SAN CRISTOBAL

About SWIFT Code SFTAVE22 — BANCO SOFITASA, SAN CRISTOBAL

SWIFT code SFTAVE22 is the official 8-character head-office BIC (Bank Identifier Code) for BANCO SOFITASA in SAN CRISTOBAL, 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 SOFITASA for all outward international remittances from SAN CRISTOBAL. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code SFTAVE22

The code SFTAVE22 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code SFTAVE22

Receiving International Wire Transfers

To receive money from abroad at your BANCO SOFITASA account in SAN CRISTOBAL, share SWIFT code SFTAVE22 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 SOFITASA, SAN CRISTOBAL must provide SWIFT code SFTAVE22. 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 SOFITASA in SAN CRISTOBAL rely on SWIFT code SFTAVE22 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 SOFITASA →

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

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

How SWIFT Code SFTAVE22 Routes an International Transfer

1. Initiation: The sender provides SWIFT code SFTAVE22 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 SOFITASA.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BANCO SOFITASA receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code SFTAVE22

• Spaces or lowercase letters — Always enter SFTAVE22 uppercase with no spaces.
• Using the wrong city — This code is for SAN CRISTOBAL 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 SFTAVE22 directly with BANCO SOFITASA's SAN CRISTOBAL branch or via the SWIFT BIC Directory.