When initiating international wire transfers, confusion often arises regarding the correct SWIFT/BIC code. For those dealing with Laurentian Bank of Canada, knowing its unique identifier— BLCMCAMMXXX —ensures seamless cross-border transactions.
The Purpose of SWIFT/BIC Codes
SWIFT (Society for Worldwide Interbank Financial Telecommunication) codes, also known as BIC (Bank Identifier Codes), are standardized identifiers used to facilitate international money transfers between financial institutions. Each bank’s unique code guarantees accurate routing of funds.
When to Use Laurentian Bank’s SWIFT Code
The code BLCMCAMMXXX serves as the primary identifier for Laurentian Bank’s headquarters in Montreal. It is required in the following scenarios:
- Sending international payments to Laurentian Bank accounts.
- When the recipient does not specify a branch-specific SWIFT code.
- If transactions are processed through the bank’s central operations.
- For transactions requiring a universally recognized SWIFT code.
Accuracy is critical: alongside the SWIFT code, ensure the recipient’s account details are correct to prevent delays or failed transfers.
Laurentian Bank’s Key Details
Bank Name:
LAURENTIAN BANK OF CANADA
SWIFT Code:
BLCMCAMMXXX
Address:
FLOOR 12, 1360 BOUL. RENE-LEVESQUE OUEST
City:
MONTREAL
Country:
CANADA
Some branches or services may use alternative SWIFT codes. Recipients should verify the exact code with their branch or through the bank’s customer service.
Ensuring Smooth Transactions
International transfers demand precision. Double-checking SWIFT codes and account information minimizes errors. Laurentian Bank’s standardized code ( BLCMCAMMXXX ) streamlines this process for its clients.