In today’s globalized financial landscape, cross-border remittances have become an integral part of daily life. But when sending money internationally, do you know how to ensure funds reach the intended account safely? The accuracy of SWIFT/BIC codes is paramount.
Take Ecuador’s BANCO PICHINCHA C.A. as an example. The bank’s SWIFT code, PICHECEQ104 , is essential for seamless transactions. Whether you’re transferring funds from the United States to France or any other country, verifying the correct SWIFT code minimizes delays and avoids misrouting risks.
Key Details for International Transfers via BANCO PICHINCHA C.A.
Bank Information:
- Bank Name: BANCO PICHINCHA C.A.
- SWIFT Code: PICHECEQ104
- City: Guayaquil
- Address: Guayaquil, Guayas
- Country: Ecuador
Example Transaction
For instance, if you send $10,000.00 from the U.S., the recipient may receive €8,447.00, depending on exchange rates and fees. Direct debit options may apply for such transfers.
Critical Considerations
Incorrect SWIFT codes can lead to payment delays, misrouting, or outright rejection by the recipient’s bank. In some cases, funds may be returned to the sender, often with additional charges. Always confirm that the SWIFT code matches the specific branch or headquarters of the bank. If uncertain, contact BANCO PICHINCHA C.A. directly before initiating the transfer.
To guarantee successful transactions, understanding SWIFT/BIC codes is non-negotiable. Their precision directly impacts the security and efficiency of your cross-border payments.