- BIC, 8 characters
- PRCBNIMA
- BIC, 11 characters
- PRCBNIMAXXX
- Country
- Nicaragua
- Address
- Avenida Jean Paul Genie Managua Nicaragua
Source: ISO 9362 BIC registry, head-office codes only, no branch codes. Check the code with the bank before sending a large transfer.
How PRCBNIMA is built
| Positions | Length | Meaning |
|---|---|---|
| 1–4 | 4 | PRCB Bank code |
| 5–6 | 2 | NI Country |
| 7–8 | 2 | MA Location |
| 9–11 | 3 | XXX Branch · XXX or omitted = head office |
Other SWIFT codes in Nicaragua
How to use PRCBNIMA for a transfer
Give the sender two things: the BIC PRCBNIMA (or PRCBNIMAXXX if the form asks for 11 characters) and your account number at Banco Avanz S.A. In Nicaragua the account number is the IBAN, 28 characters starting with NI. Check both on your bank statement before sending a large amount: a wrong code delays the transfer or sends it back with fees.
The BIC (Business Identifier Code), commonly called SWIFT code, identifies a bank or institution in international payments. It has 8 or 11 characters: 4 letters for the institution, 2 for the country, 2 for the location, and an optional 3 for the branch. XXX, or no branch code at all, means the head office.
Questions
What is the SWIFT code of Banco Avanz S.A.?
The SWIFT/BIC code of Banco Avanz S.A. is PRCBNIMA. In the 11-character form it is PRCBNIMAXXX, where XXX stands for the head office.
Is PRCBNIMA a SWIFT code or a BIC?
Both: BIC is the ISO 9362 name of the code, SWIFT the network that assigns it. PRCBNIMA is the same code under either name.
Do I also need the IBAN to receive money at Banco Avanz S.A.?
Nicaragua uses the IBAN: the account number to give with the BIC is the IBAN, 28 characters long and starting with NI. See the IBAN format of Nicaragua.
Can I receive international transfers with iSwiss Pay?
Yes. The iSwiss Pay euro, US dollar and pound accounts each come with their own coordinates, including the BIC where applicable, and receive SWIFT and local transfers.
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