When sending money internationally, ensuring the security of funds is a top priority. One critical step in this process is verifying the correct SWIFT/BIC code for the recipient's bank. These codes act as unique identifiers, guaranteeing that funds reach the intended account without delays or errors.
For those conducting transactions with ROYAL BANK OF CANADA , one of Canada's most prominent financial institutions, the SWIFT/BIC code is ROYCCAT2 MIC . The bank is headquartered at the International Trade Centre, 1 Place Ville Marie, Montreal, Quebec, H3B 4A7, Canada.
SWIFT/BIC codes are internationally standardized and regularly updated to meet global banking requirements. Using an incorrect code may result in delayed transfers or even lost funds. To avoid such risks, always double-check the SWIFT/BIC code before initiating a transaction.
Financial experts recommend confirming the code through official bank channels or customer service representatives. This simple precaution significantly reduces the likelihood of errors, safeguarding both the sender and recipient.
In summary, accurate SWIFT/BIC information is essential for seamless international transfers. Whether conducting business or sending personal remittances, verifying these details ensures that funds arrive safely and efficiently.