When conducting international wire transfers, knowing the recipient bank's SWIFT/BIC code is essential. This alphanumeric identifier not only ensures smooth fund delivery but also serves as a critical safeguard against potential risks. Recent data confirms that ROYAL BANK OF CANADA uses the SWIFT code ROYCCAT2 , with its financial services spanning globally and particularly excelling in European and North American markets.
Headquartered at Montreal's International Trade Center (1 Place Ville Marie, Montreal, Quebec, H3B 4A7), Royal Bank of Canada has built a reputation for delivering reliable and efficient cross-border payment solutions tailored to diverse client needs.
For instance, a $10,000 transfer from Canada to France through this institution would currently yield approximately €8,409 for the recipient. This conversion reflects real-time currency fluctuations and accounts for applicable banking fees.
To facilitate seamless transactions, clients should verify these key details before initiating transfers:
- The recipient bank's full legal name
- Valid SWIFT/BIC code
- Beneficiary account number
- Country-specific banking requirements
As global financial services evolve, maintaining transaction security and efficiency remains paramount. Customers can verify SWIFT code accuracy through online banking platforms or direct consultation with their financial institution. Royal Bank of Canada's dedicated service team provides ongoing support to ensure transaction completion.