In today's globalized economy, cross-border fund transfers have become routine for both businesses and individuals. When dealing with financial transactions to Bolivia's banking hub, using the correct SWIFT code is crucial for secure and efficient international payments.
Key Information for International Transfers
For clients needing to send funds to BANCO FIE S.A., the following details will ensure successful transactions:
- SWIFT Code: BFIFBOLP XXX
- Bank Name: BANCO FIE S.A.
- City: La Paz
- Address: Av. 6 de Agosto Esq. Gozalvez 2652, Zona Sopocachi, La Paz, Pedro Domingo Murillo
- Country: Bolivia (Plurinational State of)
Why SWIFT Codes Matter
The BFIFBOLP XXX identifier serves as BANCO FIE S.A.'s unique international banking code, recognized worldwide for facilitating secure transactions. Using the correct SWIFT code prevents processing delays and ensures funds reach the intended recipient without complications.
International transfers typically require additional information beyond the SWIFT code, including the beneficiary's account number and complete contact details. Verifying all required information with both sending and receiving banks before initiating transfers helps avoid common issues.
Best Practices for Cross-Border Payments
Financial institutions recommend double-checking all banking details, especially when making first-time transfers to Bolivia. The SWIFT network provides a reliable infrastructure for international money movement, but accuracy in providing transaction details remains the sender's responsibility.
Whether conducting business transactions or personal remittances, proper use of banking identifiers like BFIFBOLP XXX contributes to smoother cross-border financial operations. The digitalization of global finance has made understanding these financial tools increasingly important for efficient international commerce.