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Laos — SWIFT/BIC Codes & Payment Info
Browse banks, EMIs, PSPs and other organizations in Laos that hold a SWIFT/BIC code. See correspondent banking data and review the country's payment requirements.
Moneda
LAK — Lao Kip
Payment requirements for Laos:
Information provided by the Beneficiary: Remitter should obtain all required bank information from the Beneficiary, such as SWIFT BIC, account number, and beneficiary bank address.
Central Bank: For additional information, refer to www.bol.gov.la.
Payment Restrictions: All foreign exchange earnings must be deposited in a local account.
Account Restrictions: Residents can maintain foreign exchange accounts. Accounts can’t be opened abroad except where deemed necessary.
Payment Formatting Rules for LAK:
Ordering Customer (SWIFT MT103 F50): Include account number, full name (no initials), and address of the ordering customer. Use of initials can delay receipt of funds by the beneficiary.
Beneficiary Customer (SWIFT MT103 F59): Include account number, full name (no initials), and full address of the beneficiary customer. Use of initials may delay receipt of funds by the beneficiary.
Beneficiary Bank (SWIFT MT103 F57): Include SWIFT BIC with branch identifier (where required), full name, and address of the beneficiary bank. SWIFT BIC is 8 or 11 alphanumeric characters: 'xxxxLAxx' or 'xxxxLAxxxxx'.
Reason for Payment (SWIFT MT103 F70): Purpose of payment is recommended.
Additional Information: This is a zero decimal currency and therefore does not have cents.
SWIFT/BIC code holders in Laos (31)
Banks, EMIs, PSPs and other organizations with an assigned BIC. Click any entry for SWIFT/BIC details, correspondent banking data and supported currencies.