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 ROYAL BANK OF CANADA is ROYCCAT2CIC.
The first 4 characters ROYC signify the bank code for ROYAL BANK OF CANADA. The next 2 characters CA indicate country. Next 2 characters T2 indicate location of the bank and the last 3 characters (optional) CIC is branch code for the branch.
Find the swift code for ROYAL BANK OF CANADA below.
INTERNATIONAL TRADE CENTRE 335 8TH AVENUE SOUTHWEST
Location
CALGARY T2P 2N5
Country
Canada
Phone
-
Avoid Hefty Wire Transfer Fees
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.