ONTARIO TEACHERS' PENSION PLAN BOARD, TORONTO - SWIFT/BIC Code

ONTARIO TEACHERS' PENSION PLAN BOARD, TORONTO - SWIFT Code Information

SWIFT Code / BIC
OTPBCA2T
Bank / Institution
ONTARIO TEACHERS' PENSION PLAN BOARD
Address
5650 YONGE STREET
City
TORONTO
Postcode
M2M 4H5
Country
Canada
Connection
Active
OTPBCA2T - SWIFT Code Breakdown
SWIFT Code
OTPBCA2T or OTPBCA2TXXX
Bank Code
OTPB - code assigned to ONTARIO TEACHERS' PENSION PLAN BOARD
Country Code
CA - code belongs to Canada
Location & Status
2T - represents location, second digit means active code
Branch Code
XXX or not assigned, indicating this is a head office

What is a SWIFT Code OTPBCA2T?

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.

Top