BANCO BUSAIF S.A. DE INVERSION Y FOMENTO, AVENIDA ESPANA 505, ASUNCION, Paraguay
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| BIC Name / Bank name / Institution Name | BANCO BUSAIF S.A. DE INVERSION Y FOMENTO |
| Bank Code / Institution Code | BOUI |
| Country | PARAGUAY |
| Country Code (ISO 3166) | PY |
| City | ASUNCION |
| City Code | P1 The City Code are Institution Specific, different BIC has allotted different City Code for same city. |
| Office Type | Primary Office / Head Office / Main Office |
| Branch Code | XXX |
| Swift Code / BIC Code |
BOUIPYP1
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| Swift Code / BIC Code 11 Characters | BOUIPYP1XXX Note:If Swift Code is of 8 Characters then suffix XXX for branch code in the Swift Code. |
| Address | AVENIDA ESPANA 505 |
| Zip Code / Postal Code | |
| Note: Before Transferring payment to the Bank Branch, confirm from the payment receiver, if the Bank Branch is Active | |
| View Location on Google Map | |
| Whether Financial Institution IBAN Compliant | No, BANCO BUSAIF S.A. DE INVERSION Y FOMENTO is not IBAN Compliant. |
| Save on International Payment Transfers | |
What is a SWIFT Code / BIC code?
Business Identifier Codes (BIC) has been developed by Society for Worldwide Interbank Financial Telecommunication (SWIFT) to identify banks and financial institutions globally. That is why BIC Codes are also known as SWIFT Codes.SWIFT Codes / BIC Codes are used for transferring money between banks of different countries or SEPA payments. Banks also use these codes for exchanging financial messages.
SWIFT Code / BIC Code is formed of 8 or 11 characters in following system:
- First four characters in the SWIFT Code / BIC Code from left depicts bank code. In the case of BANCO BUSAIF S.A. DE INVERSION Y FOMENTO the first four characters from left BOUI indicates that it is BANCO BUSAIF S.A. DE INVERSION Y FOMENTO.
- Characters 5-6 from left in the SWIFT Code / BIC Code, depicts Country code of the bank. In the case of BANCO BUSAIF S.A. DE INVERSION Y FOMENTO characters 5 and 6 from left PY indicates that bank is in PARAGUAY. It means that all the banks located in PARAGUAY will have PY at 5th and 6th place from left in their Swift Codes / BIC Codes.
- Characters 7-8 from left in the SWIFT Code / BIC Code, depicts City Code of the Bank. In the case of BANCO BUSAIF S.A. DE INVERSION Y FOMENTO characters 7 and 8 from left P1 indicates that bank is in ASUNCION. It means that all the branches of BANCO BUSAIF S.A. DE INVERSION Y FOMENTO located in ASUNCION will have P1 at 7th and 8th place from left in their Swift Codes / BIC Codes.
- Characters 9-11 from left in the SWIFT Code / BIC Code, depicts Branch Code of the Bank.In the case of BANCO BUSAIF S.A. DE INVERSION Y FOMENTO the length of SWIFT Code is 8 Characters, means BANCO BUSAIF S.A. DE INVERSION Y FOMENTO Head Office of the Financial Institution.
- Many Banks has taken only one SWIFT Code per country or have one SWIFT Code per city, for processing International Payments of all the Branches of the country / city through SWIFT enabled branch. So, if your Bank Branch is not depicting in the list, contact your Bank Branch for the SWIFT Code transactions.