When conducting international wire transfers, the SWIFT/BIC code serves as a critical identifier to ensure funds reach the intended financial institution. An incorrect code may result in significant delays or even loss of funds. For transfers to BANCO GNB SUDAMERIS in Colombia, the correct SWIFT/BIC code is BSUDCOBBCL1 .
Bank Profile: BANCO GNB SUDAMERIS
Headquartered in Cali, Valle del Cauca, BANCO GNB SUDAMERIS operates as a well-established financial institution offering comprehensive banking services throughout Colombia. The bank provides retail banking solutions alongside specialized services including wealth management and commercial lending.
Understanding the SWIFT/BIC Structure
The code BSUDCOBBCL1 follows standard SWIFT/BIC conventions: BSUD represents the bank's abbreviated name, while CO designates Colombia as the country code. The remaining characters identify specific branches and departments.
Practical Applications
This identifier proves essential for various international transactions including personal remittances, business payments, and investment transfers. Whether processing wire transfers or international checks, using the correct SWIFT/BIC code significantly reduces processing times and minimizes potential errors.
Security Considerations
Financial institutions strongly recommend verifying SWIFT/BIC codes through official banking channels before initiating transfers. Customers should confirm transaction details including transfer purpose, amount, and associated fees to ensure compliance with international banking regulations.
By utilizing the official BSUDCOBBCL1 code, senders can ensure their cross-border transfers to BANCO GNB SUDAMERIS are processed efficiently and securely.