In modern financial activities, international money transfers have become an essential component of daily transactions. Whether you're a business professional or an individual consumer, ensuring your funds reach their intended destination accurately is crucial. Among various transfer tools, the SWIFT code (or BIC code) plays a particularly important role.
The Importance of SWIFT Codes in International Transfers
When transferring money between countries, SWIFT codes ensure your funds reach the correct financial institution. For transactions involving Royal Bank of Canada (formerly HSBC Bank Canada), the valid SWIFT code is HKBCCATTINV . This unique identifier contains specific information about the bank and country to guarantee transaction security and accuracy.
Royal Bank of Canada Banking Details
The complete banking information for international transfers is as follows:
- Bank Name: Royal Bank of Canada (formerly HSBC Bank Canada)
- SWIFT Code: HKBCCATTINV
- City: Vancouver
- Address: 300-885 West Georgia Street, Vancouver, British Columbia, V6C 3E9
- Country: Canada
Ensuring Successful International Transfers
Selecting the correct SWIFT code is critical for international money transfers. The code HKBCCATTINV is specifically designed for transactions involving Royal Bank of Canada. Before initiating any transfer, double-check that you're using the accurate SWIFT code to prevent delays or failed transactions.
Using HKBCCATTINV helps safeguard your funds during international transfers. Whether processing transactions through online banking or at a physical branch, providing complete and correct information remains the sender's responsibility.
Financial experts recommend verifying all banking details—including the bank name, SWIFT code, address, and city—before each transaction. This additional verification step provides an extra layer of security for your funds.
Conclusion
The SWIFT code HKBCCATTINV serves as a reliable tool for international transfers involving Royal Bank of Canada. Accuracy in providing all required details remains the most important factor in ensuring smooth transactions. Proper understanding and careful attention to transfer details can help individuals and businesses navigate cross-border payments with confidence and security.