BANESCO-S.A. Bank SWIFT codes for Panama
The SWIFT codes for BANESCO-S.A. Bank are listed below. Please bear in mind that BANESCO-S.A. Bank uses different SWIFT codes for different branches or services. Be sure to check with the recipient - or with the bank directly - to find out which one to use.
What’s the SWIFT code for BANESCO-S.A. Bank?
SWIFT Code / BIC | BANS PA PA Send Via Email |
---|---|
Money Transfer | Save on international fees by using Wise, which is 5x cheaper than banks. |
Receive Money | Get paid at the real exchange rate by using Wise (formerly TransferWise). |
Bank / Institution | BANESCO S.A. |
Branch Name | |
Address | BANESCO BUILDING, FLOOR 27, AV. AQUILINO DE LA GUARDIA, Y C. 47 |
City | PANAMA |
Postcode | 0823-05879 |
Country | Panama |
Connection | active |
Using the SWIFT and BIC codes
For international money transfers, the SWIFT code and the BIC code are part of the ISO9362 standard. SWIFT stands for Society for Worldwide Interbank Financial Telecommunication and BIC for Bank Identifier Code. The SWIFT stands for Society for Worldwide Interbank Financial Telecommunication and the BIC stands for Bank Identifier Code.
SWIFT codes and BIC codes are used all over the world to identify bank branches for international payments, ensuring that your money ends up in the right place. To find your SWIFT code, select the country, bank and city in the form above. You can also search for all SWIFT codes for a particular country.
SWIFT code example
AAAA
BB
CC
DDD
The downside of international transfers with your bank
When you send or receive money using your bank, you might lose out on a bad exchange rate and pay hidden fees as a result. That’s because the banks still use an old system to exchange money. We recommend you use Wise (formerly TransferWise), which is usually much cheaper. With their smart technology:
- You get a great exchange rate and a low, upfront fee every time.
- You move your money as fast as the banks, and often faster – some currencies go through in minutes.
- Your money is protected with bank-level security.
- You join over 2 million customers who transfer in 47 currencies across 70 countries.
SWIFT Codes - FAQs
What is a SWIFT code?
SWIFT stands for Society for Worldwide Interbank Financial Telecommunication, and a SWIFT code is a Business Identifier Code (BIC) used by banks and payment service providers for international money transfers. A SWIFT/BIC code (also known as a SWIFT number) is an eight or eleven digit number used to identify different organisations or bank branches when making international payments. When you send money to someone abroad via the SWIFT network, you need a SWIFT code. The SWIFT code is needed to send money abroad via the SWIFT network.
What is a BIC?
BIC stands for Business Identifier Code. These codes are standard reference numbers issued by SWIFT to banks and many other financial and non-financial institutions. When you send or receive an international payment, you may be asked for a BIC code. This is an 8 or 11 digit sequence that indicates which bank the account you are sending to belongs to. BIC codes may also be called SWIFT/BIC codes or simply SWIFT codes.
What is the difference between SWIFT and BIC codes?
SWIFT is the issuing organization that controls the use of BICs. However, the terms SWIFT codes and BIC codes - and also SWIFT/BIC codes - are used interchangeably.
How do I find my SWIFT code?
If you need to find your SWIFT/BIC code to inform the person sending you money, you can use your bank's SWIFT code finder above. If you want to check that the SWIFT number you have for a friend is correct, you can use the SWIFT verification tool. You can also find the SWIFT number by logging into online banking, calling your branch or checking your correspondence with your bank. The necessary information can often be found in account statements and customer information letters.
How can I check a SWIFT code?
Make sure your SWIFT code is correct when sending money internationally. Errors can result in payments being delayed, returned or sent to the wrong account. Check the SWIFT code you have with the recipient, Google the bank/branch code, or use this handy SWIFT verification tool.
Do I need an IBAN or a SWIFT code?
Depending on the international destination of your payment, you may need an IBAN code, a SWIFT code or both - IBAN stands for International Bank Account Number. If your transaction requires an IBAN, you can use an online IBAN calculator or checker to generate and verify the code. For example, IBANs are often required for payments to Europe and the Middle East but are not used in North America or Australia. Check the requirements of the country you are sending to and make sure you have all the information you need to process your payment safely.
Records of SWIFT codes are held by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), based in La Hulpe, Belgium. SWIFT is a registered trademark of S.W.I.F.T. SCRL. SWIFT is a registered trademark of S.W.I.F.T. SCRL and its headquarters is located at Avenue Adèle 1, B-1310 La Hulpe, Belgium.
The registrations of SWIFT codes are handled by Society for Worldwide Interbank Financial Telecommunication
(SWIFT) and their headquarters is located in La Hulpe, Belgium. SWIFT is the registered trademark of S.W.I.F.T.
SCRL with a registered address at Avenue Adèle 1, B-1310 La Hulpe, Belgium.