RBC Explains SWIFTBIC Codes for Global Payments

RBC Explains SWIFTBIC Codes for Global Payments

The SWIFT code for the ROYAL BANK OF CANADA is ROYCCAT2, located in Montreal. Confirming relevant information is crucial when making international remittances to ensure each transaction is efficient and secure. By transferring $10,000 through this bank to France, the recipient is expected to receive €8,409.

Key Role of SWIFTBIC Codes in Global Remittances

Key Role of SWIFTBIC Codes in Global Remittances

Understanding the EABRKZKAXXX SWIFT/BIC code is crucial for cross-border remittances. This code identifies the EURASIAN DEVELOPMENT BANK in international transactions, ensuring that funds reach their destination accurately. When using the code, confirm its correctness with bank information to avoid transaction risks and enhance remittance efficiency.