When planning an international money transfer, ensuring your funds reach the correct destination bank is paramount. A crucial step in this process is selecting the right SWIFT/BIC code. For instance, if your recipient's bank is BANCO GNB SUDAMERIS in Cali, Colombia, you must use the bank's unique SWIFT code: BSUDCOBBCL1 .
Why SWIFT Codes Matter
As a reputable financial institution in Colombia, BANCO GNB SUDAMERIS relies on its SWIFT code— BSUDCOBBCL1 —to accurately route transactions. This code, comprising 8 to 11 characters, acts as a global identifier: the first 8 characters are fixed for the bank, while the optional last 3 specify a particular branch. Using the correct SWIFT code safeguards against transfer errors and delays.
The Importance of Bank Details
Located in Cali—a key Colombian financial hub— BANCO GNB SUDAMERIS is recognized for its robust client services and diverse financial solutions for individuals and businesses alike. Verifying the bank's full address (Cali, Valle del Cauca, Colombia) alongside the SWIFT code further minimizes processing hiccups.
Final Precautions
Before initiating any cross-border transfer, double-check that the SWIFT code matches the beneficiary bank exactly. An incorrect code may divert funds or cause prolonged delays. Mastering this aspect of international banking ensures smoother transactions and peace of mind.