In today's globalized financial landscape, international wire transfers may appear straightforward but conceal significant risks. Imagine preparing to send funds to UBS SWITZERLAND AG in Switzerland, only to encounter uncertainty about the correct SWIFT/BIC code. Inaccurate transfer information can lead to delayed transactions or even lost funds. This makes verifying UBS SWITZERLAND AG's SWIFT code an essential step for seamless transactions.
UBS SWITZERLAND AG's SWIFT Code: UBSWCHZH10A
Bank Name: UBS SWITZERLAND AG
City: LAUSANNE
Address: PLACE ST-FRANCOIS 16, LAUSANNE, VAUD, 1002
Country: SWITZERLAND
Key Verification Steps Before Transferring Funds
To ensure your international transfer proceeds without complications, consider these critical verification points:
- Bank Name Confirmation: Verify that the recipient bank name matches exactly with the official bank name.
- Branch-Specific Details: When using a branch-specific SWIFT code, confirm the branch information aligns with the recipient's records.
- Country Verification: As global banks operate across multiple countries, ensure the SWIFT code corresponds to the correct destination country.
The Impact of Accurate Information
Consider a scenario where you transfer $10,000.00 to France. With proper SWIFT code verification, the recipient would receive €8,489.00 without complications. Most direct debit transactions complete within the same business day. In financial transactions, time efficiency is paramount, and accurate SWIFT information ensures smooth processing while preventing unnecessary delays.
In modern financial services, ensuring the security and accuracy of every transaction represents both a personal responsibility and professional obligation. By thoroughly verifying SWIFT codes, individuals not only safeguard their funds but also enhance transaction efficiency and security. This attention to detail contributes to more reliable international financial operations and smoother cross-border money movement.