In an increasingly globalized world, international money transfers have become commonplace. However, before initiating a wire transfer to Argentina's Banco de la Nación Argentina, understanding the correct SWIFT/BIC codes and transfer procedures is crucial for ensuring swift and secure fund delivery.
The SWIFT code for Banco de la Nación Argentina is NACNARBA COR . This unique identifier serves as the critical routing information for international transfers to this institution.
Bank Details for International Transfers
- Bank Name: Banco de la Nación Argentina
- Location: Córdoba
- Address: San Jeronimo 30, Córdoba, Córdoba, X5000AGB
- Country: Argentina
Understanding Exchange Rates and Fees
When planning an international transfer, being aware of the exchange rate and potential fees is essential. For instance, a transfer of $10,000.00 USD might yield approximately €8,464.00 for the recipient, based on an exchange rate of 0.8464. It's important to note that exchange rates fluctuate and may vary between financial institutions.
While some transactions may appear fee-free at first glance, many international transfers involve hidden charges. In this example, both the sending fee and transfer fee are listed as $0.00, but fees can vary significantly depending on the financial institutions involved and the transfer method selected.
Transfer Timeline Considerations
Most international wire transfers require approximately three business days for completion. However, processing times can vary based on multiple factors, including the recipient bank's processing speed and the efficiency of Argentina's banking system.
Pre-Transfer Verification Checklist
Before initiating any international money transfer, senders should:
- Double-check all bank details against official records
- Verify the SWIFT/BIC code corresponds to the correct branch
- Confirm the recipient's full legal name and account number
- Understand all applicable fees and exchange rates
By thoroughly verifying these details before transferring funds, individuals can ensure their international transactions proceed smoothly and reach their intended destination securely.