When sending money internationally, selecting the correct bank code is crucial. Delays or failed transactions often occur due to incorrect SWIFT/BIC codes. For instance, BNBOBOLXCBB is the designated international transfer code for Bolivia's Banco Nacional de Bolivia . Understanding its structure ensures smooth cross-border transactions.
Decoding BNBOBOLXCBB
The SWIFT code BNBOBOLXCBB consists of distinct segments:
BNBO
– Bank code (Banco Nacional de Bolivia)
BO
– Country code (Bolivia)
LX
– Location identifier
CBB
– Branch code (or "XXX" for the head office)
Using the precise SWIFT code enhances transaction accuracy and prevents avoidable delays. For transfers to Banco Nacional de Bolivia's main office, the code ends with "XXX" .
Verification Is Critical
Before initiating a transfer—such as from China to Bolivia—double-check that the recipient's BNBOBOLXCBB SWIFT code matches their bank details. Even minor errors can result in funds being misrouted or frozen.
Mastering SWIFT codes like BNBOBOLXCBB is foundational for seamless international banking. Professional wire transfers demand meticulous attention to financial identifiers—ensuring your money reaches its destination without complications.