SWIFT / BIC
SWIFT/BIC code of Business Development Bank of Canada
FBDBCAM1 · Canada
- BIC, 8 characters
- FBDBCAM1
- BIC, 11 characters
- FBDBCAM1XXX
- Country
- Canada
- Address
- 800 Place Victoria Montreal, Quebec H4Z 1L4 335 Canada
Source: ISO 9362 BIC registry, head-office codes only, no branch codes. Check the code with the bank before sending a large transfer.
How FBDBCAM1 is built
| Positions | Length | Meaning |
|---|---|---|
| 1–4 | 4 | FBDB Bank code |
| 5–6 | 2 | CA Country |
| 7–8 | 2 | M1 Location |
| 9–11 | 3 | XXX Branch · XXX or omitted = head office |
Other SWIFT codes in Canada
How to use FBDBCAM1 for a transfer
Give the sender two things: the BIC FBDBCAM1 (or FBDBCAM1XXX if the form asks for 11 characters) and your account number at Business Development Bank of Canada. In Canada the account number is the local one shown on the statement. Check both on your bank statement before sending a large amount: a wrong code delays the transfer or sends it back with fees.
The BIC (Business Identifier Code), commonly called SWIFT code, identifies a bank or institution in international payments. It has 8 or 11 characters: 4 letters for the institution, 2 for the country, 2 for the location, and an optional 3 for the branch. XXX, or no branch code at all, means the head office.
Questions
What is the SWIFT code of Business Development Bank of Canada?
The SWIFT/BIC code of Business Development Bank of Canada is FBDBCAM1. In the 11-character form it is FBDBCAM1XXX, where XXX stands for the head office.
Is FBDBCAM1 a SWIFT code or a BIC?
Both: BIC is the ISO 9362 name of the code, SWIFT the network that assigns it. FBDBCAM1 is the same code under either name.
Do I also need the IBAN to receive money at Business Development Bank of Canada?
Canada does not use the IBAN: give the BIC together with the local account number as shown on the statement.
Can I receive international transfers with iSwiss Pay?
Yes. The iSwiss Pay euro, US dollar and pound accounts each come with their own coordinates, including the BIC where applicable, and receive SWIFT and local transfers.
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Accounts in euros, US dollars and pounds, each with its own coordinates, held in full reserve.
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