When sending international wire transfers, selecting the correct SWIFT/BIC code is a seemingly small detail that carries significant consequences. For those transferring funds to Brazil's BANCO GNB SUDAMERIS , using the precise SWIFT code BSUDCOBBMZ1 is essential to ensure smooth transactions.
SWIFT codes serve as universal identifiers that facilitate seamless cross-border fund transfers. These 8- or 11-character alphanumeric codes enable financial institutions to accurately identify each other in global transactions. Failure to use the correct code when transferring to BANCO GNB SUDAMERIS may result in processing delays or failed transactions.
The structure of SWIFT code BSUDCOBBMZ1 reveals important information: The first four characters ( BSUD ) represent the bank's unique identifier, followed by the two-letter country code ( CO for Brazil). The next two characters ( BB ) indicate the bank's location, while the final three digits ( MZ1 ) specify the particular branch.
Before initiating an international wire transfer, financial experts recommend verifying three critical details: confirming the exact legal name of the recipient bank, double-checking branch-specific information for the account holder, and ensuring the SWIFT code matches both the destination country and financial institution. These verification steps significantly reduce the risk of transfer errors when sending funds to BANCO GNB SUDAMERIS or any international bank.