CIDEL BANK CANADA, TORONTO - SWIFT/BIC Code

CIDEL BANK CANADA, TORONTO - SWIFT Code Information

SWIFT Code / BIC

CTBLCAT3

Bank / Institution

CIDEL BANK CANADA

Address

60 BLOOR ST. W., FLOOR 9

City

TORONTO

Postcode

M4W 3B8

Country

Canada

Connection

Active

CTBLCAT3 - SWIFT Code Breakdown

SWIFT Code

CTBLCAT3 or CTBLCAT3XXX

Bank Code

CTBL - code assigned to CIDEL BANK CANADA

Country Code

CA - code belongs to Canada

Location & Status

T3 - represents location, second digit means active code

Branch Code

XXX or not assigned, indicating this is a head office

What is a SWIFT Code CTBLCAT3?

A SWIFT Code is a standard format of Bank Identifier Code (BIC) used to specify a particular bank or branch. These codes are used when transferring money between banks, particularly for international wire transfers. Banks also use these codes for exchanging messages between them.

SWIFT codes comprise of 8 or 11 characters. All 11 digit codes refer to specific branches, while 8 digit codes (or those ending in 'XXX') refer to the head or primary office. SWIFT codes are formatted as follows:

AAAA BB CC DDD

First 4 characters - bank code (only letters)
Next 2 characters - ISO 3166-1 alpha-2 country code (only letters)
Next 2 characters - location code, passive participant will have "1" in the second character (letters and digits)
Last 3 characters - branch code, optional - 'XXX' for primary office (letters and digits)

The registrations of SWIFT Codes are handled by Society for Worldwide Interbank Financial Telecommunication (“SWIFT”) and their headquarters is located in La Hulpe, Belgium. SWIFT is the registered trademark of S.W.I.F.T. SCRL with a registered address at Avenue Adèle 1, B-1310 La Hulpe, Belgium.