SAIGON BANK FOR INDUSTRY AND TRADE, THE, HO CHI MINH CITY - SWIFT/BIC Code

SAIGON BANK FOR INDUSTRY AND TRADE, THE, HO CHI MINH CITY - SWIFT Code Information

SWIFT Code / BIC
SBITVNVX0V2
Bank / Institution
SAIGON BANK FOR INDUSTRY AND TRADE, THE
Address
118 DINH TIEN HOANG STREET, BINH THANH
City
HO CHI MINH CITY
Postcode
Country
Vietnam
Connection
Active
SBITVNVX0V2 - SWIFT Code Breakdown
SWIFT Code
SBITVNVX or SBITVNVX0V2
Bank Code
SBIT - code assigned to SAIGON BANK FOR INDUSTRY AND TRADE, THE
Country Code
VN - code belongs to Vietnam
Location & Status
VX - represents location, second digit means active code
Branch Code
0V2 or not assigned, indicating this is a head office
Head Office
SBITVNVX - primary office of SAIGON BANK FOR INDUSTRY AND TRADE, THE, Vietnam

What is a SWIFT Code SBITVNVX0V2?

SWIFT Code is a standard format of Bank Identifier Code (BIC) used to specify a particular bank or branch. These codes are used when transferring money between banks, particularly for international wire transfers. Banks also use these codes for exchanging messages between them.

SWIFT codes comprise of 8 or 11 characters. All 11 digit codes refer to specific branches, while 8 digit codes (or those ending in 'XXX') refer to the head or primary office. SWIFT codes are formatted as follows:

AAAA BB CC DDD

  • First 4 characters - bank code (only letters)
  • Next 2 characters - ISO 3166-1 alpha-2 country code (only letters)
  • Next 2 characters - location code, passive participant will have "1" in the second character (letters and digits)
  • Last 3 characters - branch code, optional - 'XXX' for primary office (letters and digits)

The registrations of SWIFT Codes are handled by Society for Worldwide Interbank Financial Telecommunication (“SWIFT”) and their headquarters is located in La Hulpe, Belgium. SWIFT is the registered trademark of S.W.I.F.T. SCRL with a registered address at Avenue Adèle 1, B-1310 La Hulpe, Belgium.

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