[Credit Suisse (schweiz) Ag] Swift Codes

About [Credit Suisse (schweiz) Ag] Swift Codes

This page displays 6 random SWIFT codes of Credit Suisse (schweiz) Ag, and you can specify the country to find the specific branch SWIFT codes.

The SWIFT Code is a bank identification code proposed by the SWIFT Association and approved by ISO. Each member bank of the association has its own specific SWIFT code. During wire transfers, the remitter sends a payment message according to the receiving bank's SWIFT Code to transfer the payment to the receiving bank. This number is equivalent to the ID number of each bank. Its original name was BIC (Bank Identifier Code), but the meaning of BIC was too broad, and people were worried that it might be understood as another bank identification code system. Therefore, gradually people became accustomed to calling BIC SWIFT Code. SWIFT (Society for Worldwide Interbank Financial Telecommunications) is a private joint-stock company jointly owned by financial institutions, registered under Belgian law, and managed in collaboration with member banks and other financial institutions.

The SWIFT Code is generally used for wire transfers, and each bank has it for fast processing of interbank telegraphic transactions. Almost all major banks assign Swift codes with different suffixes to their internal branches.

Each bank applying to join the SWIFT organization must first develop its SWIFT address code in accordance with the unified principles of the SWIFT organization, which will take effect after being approved by the SWIFT organization. The Bank Identifier Code (BIC) is composed of eight or eleven English letters or Arabic numerals that can be automatically read by a computer, and used to clearly distinguish different financial institutions related to financial transactions in SWIFT messages. Each member bank of the association has its own specific SWIFT code, known as the SWIFT Code. During wire transfer, the remitter sends a payment message according to the SWIFT Code of the receiving bank to transfer the payment to the receiving bank. This number is equivalent to the ID number of each bank. The BIC with eleven digits or letters can be divided into four parts: bank code, country code, region code, and branch code. Taking JPMorgan Chase Bank's swift code located in 383 MADISON AVENUE, New York as an example, the registered SWIFT code is CHASUS33FIA, where CHAS is the bank code, US is the country code, 33 is the location code, and FIA is the branch code. The SWIFT bank identification code consists of the following parts:

Bank Code: composed of four easily recognizable initials of the bank's name;

Country Code: Composed of two letters according to the regulations of the International Organization for Standardization;

Location Code: Consisting of two digits or letters, indicating the city;

Branch Code: Consisting of three digits or letters, indicating the branch office.

At the same time, SWIFT has also developed a code for banks that have not joined the SWIFT organization, in accordance with this rule, to replace the input of their full bank name in the message. All such codes are distinguished from the SWIFT address codes of official SWIFT member banks by adding the letters "BIC" to the last three digits.

How to get SWIFT code of a bank?

The recommended ways to query a bank's SWIFT Code are:

1. Use the SWIFT Code discoverer we provide, simple, fast, and convenient.
2. Go directly to the bank to inquire with the staff.
3. You can call the bank for consultation.
4. Most banks offer online consultation services through their official website or online customer service inquiries.

Precautions for using Swift Code

1. Swift Code needs to be filled in correctly

When filling out the Swift Code, it is necessary to carefully check the bank name and country information to ensure that the correct code information is entered.

2. Handling fee issues

Cross border transfer fees between different banks may vary, and users need to carefully understand the specific fee standards to avoid losses.

3. Transfer information accuracy

Although Swift Code can ensure the accuracy and security of cross-border transfers, if the transfer information and name of the recipient's account are not filled in accurately, it may also lead to payment failure.

Frequently asked questions about SWIFT/BIC code

1. Do all bank branches have the same SWIFT/BIC code?

Usually, all branches of most banks have the same SWIFT/BIC code. However, this is not always the case, as some banks have different SWIFT/BIC codes for each branch. For this reason, it is always a good idea to carefully check your SWIFT/BIC code before transferring funds. If you do not know the SWIFT/BIC code of the branch, you can use the SWIFT/BIC code of the head office of the bank, which means replacing the last three digits with xxx, such as CHASUS33XXX, to successfully transfer funds.

2. What does XXX in SWIFT/BIC code represent?

The last three digits of the SWIFT/BIC code represent a specific bank branch. However, when these numbers are XXX, it indicates that the branch is the head office of the bank. The last three digits are optional. If omitted, it is assumed to refer to the head office of the bank.

3. Which SWIFT code should I use when a bank displays multiple SWIFT codes?

You should use the SWIFT code of the branch you are using. If you are unsure, then use the swift code of the headquarters.

Due to the change in the address of the branch and the delay in updating the SWIFT official website, you can also locate the SWIFT code of the bank based on the city.