In today's globalized financial landscape, ensuring the safety and efficiency of international money transfers depends not only on choosing the right financial institution but also on understanding its SWIFT code. For instance, UBS Switzerland AG uses the code UBSWCHZH10A , essential information when sending funds internationally.
The Role of UBS in Global Finance
Headquartered at Place St-François 16 in Lausanne, Switzerland, UBS Switzerland AG stands as one of the country's most prominent international banks. With a rich history and extensive global network, the institution provides comprehensive financial services to both individual and corporate clients across international markets.
Why SWIFT Codes Matter
When initiating international transfers, the accuracy of the SWIFT code proves critical. The code UBSWCHZH10A specifically identifies UBS's branch and ensures transactions are processed correctly and efficiently. For example, sending €8,492.00 to a recipient in France requires only this code to complete the transaction securely.
Financial institutions periodically update and validate SWIFT codes, making verification before each transfer essential. Maintaining accurate records of codes like UBSWCHZH10A prevents potential delays or failed transactions caused by incorrect information.
Understanding and using proper SWIFT codes enhances both the security and efficiency of international transactions. For those conducting cross-border transfers, this knowledge provides significant advantages in global financial operations.