Imagine being in a foreign country and needing to send money to Intesa Sanpaolo Bank in Bosnia and Herzegovina, only to find yourself confused by the complexities of SWIFT codes. Worry not—this article provides a detailed breakdown of Intesa Sanpaolo Bosnia’s SWIFT code to help you complete cross-border transactions with ease.
Intesa Sanpaolo Bosnia SWIFT Code: UPBKBA22XXX
The primary SWIFT/BIC code for Intesa Sanpaolo Banka D.D. Bosna i Hercegovina (Intesa Sanpaolo Bosnia) is UPBKBA22XXX . This code identifies the bank globally, ensuring international funds reach the correct financial institution.
- Bank Name: INTESA SANPAOLO BANKA D.D. BOSNA I HERCEGOVINA
- SWIFT Code: UPBKBA22XXX
- Bank Address: OBALA KULINA BANA 9A
- City: SARAJEVO
- Country: BOSNIA AND HERZEGOVINA
When to Use UPBKBA22XXX?
You should use Intesa Sanpaolo Bosnia’s primary SWIFT code UPBKBA22XXX in the following scenarios:
- When sending an international transfer to Intesa Sanpaolo Bosnia.
- If the recipient has not provided a specific branch SWIFT/BIC code.
- When Intesa Sanpaolo Bosnia processes payments through its headquarters.
- When you prefer using a widely recognized default SWIFT/BIC code.
Branch SWIFT Codes: Important Note
While UPBKBA22XXX is the primary code, Intesa Sanpaolo Bosnia may use different SWIFT/BIC codes for specific branches or services. If you are unsure which code to use, verify with the recipient or contact the bank directly.
Cross-Border Transfer Tips: Avoiding Delays and Errors
Before initiating a SWIFT transfer, double-check that the SWIFT code matches the recipient bank’s details. Ensure the account number and recipient name are accurate, as even minor errors can cause delays or failed transactions. If you’ve already sent funds with incorrect details, contact your bank immediately.
How to Receive International Transfers?
To receive funds from abroad into your Intesa Sanpaolo Bosnia account, provide the sender with the correct SWIFT/BIC code, account number, and other necessary banking details. Accurate information helps prevent unnecessary delays.
The Importance of SWIFT Codes
SWIFT (Society for Worldwide Interbank Financial Telecommunication) codes, also known as BICs (Bank Identifier Codes), are essential for secure and reliable international banking communication. They serve as a bank’s unique identifier, ensuring funds reach the correct destination safely and efficiently.
Frequently Asked Questions
What happens if I use the wrong SWIFT code?
Using an incorrect SWIFT code may result in delayed, returned, or lost transfers. Always verify the code before sending money.
Where can I find branch-specific SWIFT codes for Intesa Sanpaolo Bosnia?
Ask the recipient or contact the bank directly. The bank’s official website may also provide this information.
What’s the difference between SWIFT and IBAN codes?
A SWIFT code identifies the bank, while an IBAN (International Bank Account Number) identifies a specific account. Both are typically required for international transfers.
Is SWIFT safe for international transfers?
The SWIFT network is a secure global banking communication system. However, always use trusted channels and verify all details to ensure transaction safety.
Conclusion
Understanding Intesa Sanpaolo Bosnia’s SWIFT code is crucial for seamless international transfers. By carefully verifying banking details, you can ensure your funds arrive securely and on time. For further clarification, consult banking professionals.