When sending money to Argentina, navigating the maze of banking codes can be daunting. The SWIFT code, that seemingly cryptic string of characters, serves as a universal passport for international bank transfers. This article focuses on BBVA Argentina's SWIFT code, explaining its crucial role in cross-border payments and providing practical guidance for seamless international transactions.
1. BBVA Argentina's Primary SWIFT/BIC Code: BFRPARBAXXX
The universal SWIFT/BIC code for Banco BBVA Argentina S.A. is BFRPARBAXXX . This alphanumeric sequence functions as the bank's international identifier, similar to a financial passport. The complete details are as follows:
- Bank Name: BANCO BBVA ARGENTINA S.A.
- SWIFT Code: BFRPARBAXXX
- Bank Address: AV. CORDOBA 111
- City: BUENOS AIRES
- Country: ARGENTINA
2. The Role of SWIFT Codes in International Transfers
SWIFT (Society for Worldwide Interbank Financial Telecommunication) codes, also known as BIC (Bank Identifier Codes), serve as unique identifiers for financial institutions worldwide. In cross-border transactions, SWIFT codes perform three essential functions:
- Recipient Bank Identification: Ensures funds reach the correct financial institution
- Transaction Routing: Directs payment instructions through the secure SWIFT network
- Security Verification: Authenticates banking institutions to mitigate fraud risks
3. Branch-Specific SWIFT Codes at BBVA Argentina
While BFRPARBAXXX serves as the primary SWIFT code, BBVA Argentina may use different codes for specific branches or services. Before initiating a transfer, it's advisable to verify the exact SWIFT code with the recipient or directly with BBVA Argentina to ensure proper routing of funds.
4. When to Use BBVA Argentina's Primary SWIFT Code
The primary SWIFT code BFRPARBAXXX is typically appropriate in these scenarios:
- Inbound international transfers to BBVA Argentina accounts
- When recipients provide only basic account details without branch-specific codes
- For transactions processed through BBVA Argentina's centralized payment system
- When using a widely recognized default identifier is preferred
5. Key Considerations for International Transfers
To ensure successful cross-border transactions, observe these critical precautions:
- Double-check the SWIFT code against official bank records
- Verify recipient account details, including exact name spellings
- Promptly notify your bank of any errors in submitted information
- Provide complete banking details to the sender when receiving funds
6. Receiving International Payments at BBVA Argentina
To receive international transfers into a BBVA Argentina account, provide senders with these details:
- SWIFT/BIC: BFRPARBAXXX (or specific branch code if applicable)
- Account Number: Your complete BBVA Argentina account number
- Bank Name: BANCO BBVA ARGENTINA S.A.
- Account Holder Name: Must match official bank records exactly
- Registered Address: As maintained in bank files
7. Summary
Understanding BBVA Argentina's SWIFT code system is fundamental for successful international money transfers. This guide has outlined the code's purpose, appropriate usage scenarios, and essential verification steps to facilitate secure and efficient cross-border transactions.