Free directory of all 47 correspondent bank SWIFT/BIC codes registered in VENEZUELA. Click any bank to view its full record and track an international SWIFT payment routed through it.
Venezuela's SITRAF RTGS processes VES settlements, but hyperinflation has made USD the de facto commercial currency for most transactions. Banco de Venezuela (state-owned), Banesco, Mercantil Banco, and BBVA Provincial are the primary SWIFT correspondents, but US sanctions on the Venezuelan government since 2019 restrict USD correspondent banking. Most international payments into Venezuela route through financial institutions in Trinidad, Panama, or Turkey.
| RTGS / Settlement System | SITRAF (Sistema de Transferencias de Fondos — BCV RTGS) |
|---|---|
| Currency | VES — Venezuelan Bolívar Soberano (USD dominant in practice) |
| Central Bank | Banco Central de Venezuela (BCV) |
| Typical SWIFT Timing | 5–10 days (sanctions; controls apply) |
Most international SWIFT wires arrive in Venezuela within 2–5 business days. Payments cleared through correspondent banks may take longer depending on intermediary routing and local cut-off times.
Venezuela processes large-value interbank settlements through SITRAF. Retail transfers typically use ACH or local clearing networks, while cross-border wires enter via SWIFT.
The primary settlement currency is VES/USD. Foreign-currency wires are converted at the receiving bank's prevailing rate unless a specific currency account is held at the beneficiary institution.
Total correspondent banks indexed: 47