Question 1

What is the SWIFT code for VakifBank International AG?

Accepted Answer

The SWIFT/BIC code for VakifBank International AG is TVBAATWW. This 8-character code identifies the bank in international wire transfers and is registered with SWIFT (Society for Worldwide Interbank Financial Telecommunication).

Question 2

How do I send an international wire transfer to VakifBank International AG?

Accepted Answer

To send money internationally to VakifBank International AG, provide your bank with the SWIFT/BIC code TVBAATWW (VIENNA, Austria) along with the recipient's full IBAN. Your bank will route the transfer via the SWIFT network.

Question 3

Is VakifBank International AG a SEPA member?

Accepted Answer

Yes, VakifBank International AG is a SEPA (Single Euro Payments Area) member. Euro transfers within the SEPA zone can be processed as fast, low-cost SEPA Credit Transfers using the recipient's IBAN, with no SWIFT fees required for intra-SEPA payments.

Question 4

What does the BIC code TVBAATWW mean?

Accepted Answer

In the BIC code TVBAATWW: "TVBA" is the institution code identifying VakifBank International AG, "AT" is the ISO 3166-1 country code for Austria, and "WW" is the location code indicating the bank's city or timezone zone.

Question 5

Who owns VakifBank International AG?

Accepted Answer

VakifBank International AG is owned by Türkiye Vakıflar Bankası T.A.O., a banking group based in Türkiye. VakifBank International AG is registered in Austria as a local entity, while its ultimate ownership sits with the parent group in Türkiye.

TVBAATWW

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