In today's globalized financial landscape, accurate banking details are essential for ensuring secure fund transfers. One critical element is the correct use of SWIFT codes. For those conducting international transactions with ITAU CHILE, understanding how to properly utilize its SWIFT code— ITAUCLRMXXX —is crucial.
Understanding ITAU CHILE's SWIFT/BIC Code
The SWIFT/BIC code ITAUCLRMXXX uniquely identifies ITAU CHILE and its branch in Chile. This code is structured as follows:
- First 4 characters (ITAU) : Bank code
- Next 2 characters (CL) : Country code (Chile)
- Following 2 characters (RM) : Location/city code (Santiago)
- Last 3 characters (XXX) : Optional branch code (primary office if unspecified)
Verifying each segment ensures the funds reach the intended destination without delays or errors.
Bank Details for Verification
ITAU CHILE's headquarters are located at:
Presidente Riesco 5537, Floor 7, Edificio Nueva Las Condes, Las Condes, Santiago, Provincia de Santiago, 7561127, Chile.
When initiating a transfer, cross-checking this address alongside the SWIFT code adds an extra layer of accuracy.
Key Considerations for International Transfers
To optimize the process:
- Confirm recipient details: Ensure the beneficiary’s account number, name, and bank information match the SWIFT code.
- Compare fees: Transaction costs vary across providers. Analyze charges beforehand to avoid unexpected expenses.
- Monitor processing times: Banks typically process transfers on business days. Delays may occur during weekends or holidays.
Final Recommendations
Before submitting a transfer, double-check all entered details against the recipient’s provided information. If discrepancies arise, contact your bank’s customer service immediately to resolve issues proactively.