SWIFT Code SOFCVEC102V — SOCIEDAD FINANCIERA CONSOLIDADA, VALENCIA

About SWIFT Code SOFCVEC102V — SOCIEDAD FINANCIERA CONSOLIDADA, VALENCIA

SWIFT code SOFCVEC102V is the official 11-character branch-specific BIC (Bank Identifier Code) for SOCIEDAD FINANCIERA CONSOLIDADA in VALENCIA, 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 SOCIEDAD FINANCIERA CONSOLIDADA for all outward international remittances from VALENCIA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code SOFCVEC102V

The code SOFCVEC102V follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code SOFCVEC102V

Receiving International Wire Transfers

To receive money from abroad at your SOCIEDAD FINANCIERA CONSOLIDADA account in VALENCIA, share SWIFT code SOFCVEC102V 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 SOCIEDAD FINANCIERA CONSOLIDADA, VALENCIA must provide SWIFT code SOFCVEC102V. 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 SOCIEDAD FINANCIERA CONSOLIDADA in VALENCIA rely on SWIFT code SOFCVEC102V 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 SOCIEDAD FINANCIERA CONSOLIDADA →

For cheque clearing or NACH mandates, use the MICR code for SOCIEDAD FINANCIERA CONSOLIDADA →

For TDS challan deposits, find the BSR code for SOCIEDAD FINANCIERA CONSOLIDADA →

How SWIFT Code SOFCVEC102V Routes an International Transfer

1. Initiation: The sender provides SWIFT code SOFCVEC102V 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 SOCIEDAD FINANCIERA CONSOLIDADA.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: SOCIEDAD FINANCIERA CONSOLIDADA receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code SOFCVEC102V

• Spaces or lowercase letters — Always enter SOFCVEC102V uppercase with no spaces.
• Using the wrong city — This code is for VALENCIA 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 SOFCVEC102V directly with SOCIEDAD FINANCIERA CONSOLIDADA's VALENCIA branch or via the SWIFT BIC Directory.