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BOEOBO22BEC — BANCO ECONOMICO S.A.

BOEOBO22BEC is the SWIFT/BIC code for BANCO ECONOMICO S.A. in SANTA CRUZ DE LA SIERRA, Bolivia — an 11-character branch code under ISO 9362.

BIC breakdown (ISO 9362)

Bank CodeBOEOInstitution
CountryBO🇧🇴 Bolivia
Location22Location Code
BranchBECBranch

Head-office code: BOEOBO22

Facts
FieldValue
InstitutionBANCO ECONOMICO S.A.
CountryBolivia (BO)
Location Code22
BranchNone
Type11-character branch code (BIC11)

⚠️ Critical Money Transfer Warning (YMYL)

Verify the BIC with your beneficiary bank: Database records are informational only. swiftbic.org is not affiliated with SWIFT. Always verify the SWIFT/BIC code and name of the beneficiary with the receiving bank or official registration records before initiating any international wire transfer.

Common Mistakes: Do not confuse the SWIFT/BIC code (identifies the bank branch) with the IBAN (identifies the specific bank account). Using an incorrect branch suffix or a deactivated code can result in payments being returned, delayed, or subject to significant administrative return fees.

Verify BOEOBO22BEC in the live lookup → · IBAN Validator & Checker → · SWIFT Guide →

Related codes for this bank

BOEOBO22CBB · COCHABAMBABOEOBO22LPZ · LA PAZBOEOBO22 · SANTA CRUZ DE LA SIERRABOEOBO22SCZ · SANTA CRUZ DE LA SIERRA

Frequently asked questions

What bank does the SWIFT code BOEOBO22BEC belong to?

The SWIFT code BOEOBO22BEC identifies BANCO ECONOMICO S.A. in SANTA CRUZ DE LA SIERRA, Bolivia. This branch code is used for cross-border payments and SWIFT network routing.

What do the parts of the SWIFT code BOEOBO22BEC mean?

The 8 or 11 characters of BOEOBO22BEC are parsed as follows: characters 1-4 (BOEO) represent the bank code for BANCO ECONOMICO S.A.; characters 5-6 (BO) indicate the country code for Bolivia; characters 7-8 (22) specify the location code; and the final characters (BEC) designate the specific branch.

Is BOEOBO22BEC a valid SWIFT/BIC code?

BOEOBO22BEC is formatted as a valid ISO 9362 Business Identifier Code and is listed in our reference directory for BANCO ECONOMICO S.A. in SANTA CRUZ DE LA SIERRA, Bolivia. Our directory records come from an open community compilation last updated in 2024, so listing is not confirmation of current status — SWIFT does not publish a free live status feed. Always confirm the code with the beneficiary bank before sending funds.

What is the physical address of the bank registered to BOEOBO22BEC?

The physical address registered for BOEOBO22BEC is: AYACUCHO 166, SANTA CRUZ DE LA SIERRA, Bolivia. Verify this address matches your recipient's branch details before initiating a transaction.

What is the difference between an 8-character and an 11-character BIC?

An 8-character BIC (BIC8) identifies an institution's primary head office, while an 11-character BIC (BIC11) specifies a distinct branch or department. Appending 'XXX' to BOEOBO22 forms the conventional head-office branch suffix; both formats route validly on the network.

Which branch does BOEOBO22BEC identify?

BOEOBO22BEC identifies the BEC branch of BANCO ECONOMICO S.A. in SANTA CRUZ DE LA SIERRA, Bolivia. The branch code characters 'BEC' target this specific clearing node directly within BANCO ECONOMICO S.A.'s branch network.

Do I need an IBAN as well as BOEOBO22BEC?

SWIFT codes like BOEOBO22BEC identify the bank institution, while IBANs (ISO 13616) identify the individual customer account. Within SEPA (ECB SEPA), IBANs are sufficient for routing; outside SEPA, both SWIFT BIC and account number are typically required.

What happens if I use the wrong SWIFT/BIC code?

Using an incorrect code can delay transfers, cause payment returns, or route funds to an incorrect institution. Correspondent banks along the route may charge return processing fees, and currency conversion losses may occur. Always verify details with the beneficiary.

How long does a payment using BOEOBO22BEC take to arrive?

International SWIFT wires typically settle within 1 to 5 business days, depending on time zones, clearing cut-offs, correspondent hops (BIS CPMI), and compliance checks.

Why does my payment need an intermediary or correspondent bank?

When sending and receiving banks lack direct clearing accounts, transfers route through intermediary correspondent banks (BIS CPMI) that maintain shared Nostro/Vostro accounts. Each hop may deduct a handling fee.

How does BOEOBO22BEC interact with local payments in Bolivia?

BOEOBO22BEC routes international cross-border transfers. Domestic clearing arrangements vary in Bolivia; confirm with the beneficiary bank before sending funds. SWIFT/BIC codes handle international wire entry.

How current is the information on this page?

This record is sourced from an open community BIC compilation (2024 vintage). For full data provenance, see our Data Sources Register.

What should I do before sending money to this bank?

Confirm the exact BIC and account details directly with your beneficiary, verify beneficiary bank name match, and beware of invoice fraud. Reference directories are for verification support.

Sources & References

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