SWIFT Code for CDS CLEARING AND DEPOSITORY SERVICES INC., , MONTREAL is CDSLCAT10MM

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CDSLCAT10MM CDS CLEARING AND DEPOSITORY SERVICES INC., Swift BIC Code
A SWIFT code is an 8 or 11 alphanumeric characters code which is also called BIC Code (Bank Identification Code) and is used to identify banks uniquely throughout the world. A SWIFT code is generally used in facilitating international wire transfers. The swift code for CDS CLEARING AND DEPOSITORY SERVICES INC. is CDSLCAT10MM.

The first 4 characters CDSL signify the bank code for CDS CLEARING AND DEPOSITORY SERVICES INC.. The next 2 characters CA indicate country. Next 2 characters T1 indicate location of the bank and the last 3 characters (optional) 0MM is branch code for the branch.

Find the swift code for CDS CLEARING AND DEPOSITORY SERVICES INC. below.

Full Swift CodeCDSLCAT10MM
Bank BICCDSLCAT1
Branch Code0MM
Bank NameCDS CLEARING AND DEPOSITORY SERVICES INC.
Bank Branch
CityMONTREAL
Full AddressLA MAISON DES COOPERANTS 600 BOULEVARD DE MAISONNEUVE OUEST
LocationMONTREAL H3A 3J2
CountryCanada
Phone-

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International wire transfer usually involve a fees at both sending and receiving end - which is okay. However, if currency conversion is involved in the transfer you may end up paying a very hefty fees due to poor currency conversion rate provided by banks - this fee may be as large as 3-5% of the total transfer amount. We recommend using service like transferwise for best conversion rates and lower wire transfer fees.

All Swift Codes for CDS CLEARING AND DEPOSITORY SERVICES INC.

Swift CodeBranch Name
CDSLCATTXXXMain Branch
CDSLCATTSMD
CDSLCAT10MM
CDSLCAT108V
CDSLCAT106C

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Swift BIC Code: SWIFT Code stands for 'Society for Worldwide Interbank Financial Telecommunication' code. A SWIFT code is also called BIC Code 'Bank Identification Code' which is used to identify banks uniquely throughout the world. A SWIFT code is recognized and approved by the International Standards Organization, or ISO, and represents a particular bank or bank branch. It is especially useful in facilitating international wire transfers.

Format of Swift Code: The SWIFT code is an 8 or 11 alphanumeric characters code that uniquely identifies financial institution. If a SWIFT code is eleven characters, this means that the bank has added a three-digit code to denote a specific branch of a bank.

First 4 characters - Bank Code - Identifies financial institution uniquely (only letters)
Next 2 characters - Country Code (only letters)
Next 2 characters - Location Code (Letters and Digits)
Optional Last 3 characters - Branch Code of a bank ('XXX' for main office) (Letters and Digits)

The above mentioned format of Bank Identifier Codes (BIC) or Swift Code is approved by the International Standard Organization (ISO) and represents a particular bank or bank branch.