GNB Sudameris SWIFT Code Aids Global Transfers

Published: 08/22/2025
SWIFT code international remittance BANCO GNB SUDAMERIS
This article explains the structure and significance of the SWIFT/BIC code BSUDCOBBCTG for BANCO GNB SUDAMERIS. It helps readers understand the importance of bank identification in international remittances, enhancing the efficiency and security of transactions.
GNB Sudameris SWIFT Code Aids Global Transfers

In global financial transactions, SWIFT/BIC codes play a pivotal role in ensuring the secure and efficient transfer of funds across borders. These standardized identifiers not only facilitate seamless international payments but also minimize errors that could delay transactions. For instance, Banco GNB Sudameris, a prominent financial institution, uses the SWIFT/BIC code BSUDCOBBCTG —a sequence that holds critical information about the bank and its location.

Decoding the Structure of SWIFT/BIC Codes

A SWIFT/BIC code consists of 8 to 11 alphanumeric characters, each segment revealing specific details about the bank:

  • Bank Code (BSUD) : The first four characters uniquely identify Banco GNB Sudameris, enabling senders to pinpoint the exact institution involved in the transaction.
  • Country Code (CO) : The next two letters denote the bank’s home country—in this case, Colombia—ensuring geographic accuracy for cross-border transfers.
  • Location Code (BB) : These two characters specify the bank’s city or primary operational base, adding another layer of transparency.
  • Branch Code (CTG) : The final three digits (optional) identify a specific branch. A generic "XXX" suffix typically refers to the bank’s headquarters.

By understanding this structure, individuals and businesses can verify banking details before initiating transfers, reducing the risk of misdirected payments or processing delays.

Why Accuracy Matters

Incorrect or incomplete SWIFT/BIC codes may result in failed transactions, additional fees, or prolonged processing times. For example, when sending funds to Banco GNB Sudameris, using the precise code BSUDCOBBCTG ensures the payment reaches the intended destination without unnecessary complications.

Financial institutions and corporate entities alike rely on these codes to streamline international operations, underscoring their importance in today’s interconnected economy. Whether for personal remittances or large-scale business transactions, mastering the basics of SWIFT/BIC codes empowers users to navigate global finance with confidence.

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