When sending international wire transfers, ensuring the secure and timely arrival of funds to the recipient’s bank account is a fundamental priority. For those transferring money to BANCO FORTALEZA SA in Bolivia, understanding the bank’s SWIFT/BIC code is critical. This code not only facilitates smooth transactions but also safeguards the accuracy and speed of the transfer.
The SWIFT/BIC code for BANCO FORTALEZA SA is BFORBOLPXXX . This alphanumeric identifier serves as the bank’s unique marker in the global financial network and is a mandatory requirement for cross-border transactions. Providing the correct code minimizes the risk of delays or misdirected funds, offering an additional layer of security.
BANCO FORTALEZA SA is headquartered in La Paz, Bolivia, with its address at AVENIDA ARCE ESQUINA CORDERO 2799. Both senders and recipients should verify this information to ensure seamless processing.
For international transfers, confirming the recipient bank’s details—including the SWIFT code BFORBOLPXXX —is strongly recommended. Accurate use of this code enhances transaction efficiency and reduces potential errors, particularly for high-value or time-sensitive payments.
Understanding the structure of SWIFT/BIC codes can further aid in their proper application. A valid code typically consists of 8 to 11 characters: the first four letters identify the bank, the next two denote the country (e.g., BO for Bolivia), and the remaining characters specify the branch. The prefix BFORBOLP confirms the bank’s identity within Bolivia’s financial system.
Whether for personal or corporate transactions, verifying the SWIFT/BIC code’s validity before initiating a transfer is essential. Like a postal address, even minor discrepancies can result in failed deliveries. Users are advised to double-check the code with the bank prior to each transaction to ensure the information remains current.
By meticulously adhering to these guidelines, senders can confidently execute international wire transfers, ensuring funds reach their intended destination securely and without delay. Attention to detail at every step guarantees a smooth transfer process.