SWIFT Code SFOCVE21 — SOCIEDAD FINANCIERA DE OCCIDENTE, MARACAIBO

About SWIFT Code SFOCVE21 — SOCIEDAD FINANCIERA DE OCCIDENTE, MARACAIBO

SWIFT code SFOCVE21 is the official 8-character head-office BIC (Bank Identifier Code) for SOCIEDAD FINANCIERA DE OCCIDENTE in MARACAIBO, 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 DE OCCIDENTE for all outward international remittances from MARACAIBO. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code SFOCVE21

The code SFOCVE21 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code SFOCVE21

Receiving International Wire Transfers

To receive money from abroad at your SOCIEDAD FINANCIERA DE OCCIDENTE account in MARACAIBO, share SWIFT code SFOCVE21 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 DE OCCIDENTE, MARACAIBO must provide SWIFT code SFOCVE21. 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 DE OCCIDENTE in MARACAIBO rely on SWIFT code SFOCVE21 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 DE OCCIDENTE →

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

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

How SWIFT Code SFOCVE21 Routes an International Transfer

1. Initiation: The sender provides SWIFT code SFOCVE21 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 DE OCCIDENTE.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: SOCIEDAD FINANCIERA DE OCCIDENTE receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code SFOCVE21

• Spaces or lowercase letters — Always enter SFOCVE21 uppercase with no spaces.
• Using the wrong city — This code is for MARACAIBO 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 SFOCVE21 directly with SOCIEDAD FINANCIERA DE OCCIDENTE's MARACAIBO branch or via the SWIFT BIC Directory.