Banco Union SA Simplifies SWIFT Code Use for Global Transfers

This article explains how to correctly use the SWIFT code BAUNBO22LPZ of BANCO UNION S.A., emphasizing the importance of ensuring accurate information in international bank transfers. It also provides detailed address and background information about the bank.
Banco Union SA Simplifies SWIFT Code Use for Global Transfers

When conducting international bank transfers, selecting the correct SWIFT code is crucial. For individuals and businesses engaging in financial transactions with BANCO UNION S.A., knowing the bank's SWIFT/BIC code is the first step toward successful completion of transactions. The institution's SWIFT code is BAUNBO22LPZ, which must be used accurately in every cross-border transfer to prevent delays or potential loss of funds.

BANCO UNION S.A. is headquartered in La Paz, Bolivia, at Avenida Camacho, Esquina Calle, Loayza 1416 Zona Central, La Paz, Pedro Domingo Murillo. As a bank with global operations, it participates in the SWIFT network, enabling clients to conveniently transfer funds internationally.

SWIFT codes serve not only to identify the bank but may also specify particular branches, making the precise use of BAUNBO22LPZ especially important. The bank regularly updates and verifies its SWIFT code to ensure compliance with international financial standards.

For international remittances, providing detailed recipient information—including name, account number, and the bank's full address—is necessary alongside the correct SWIFT code. These details collectively form the complete requirements for ensuring smooth cross-border transactions. When initiating international transfers, verifying all information with your bank is essential to avoid complications arising from errors.

Using BAUNBO22LPZ for international transfers significantly enhances the security and reliability of transactions. This practice benefits both individual users and businesses engaged in cross-border operations.