SWIFT Code for SAVINGS AND INVESTMENT TRUST, Main Branch, MONTREAL is SAVICAM1XXX

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SAVICAM1XXX SAVINGS AND INVESTMENT TRUST, Main Branch 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 SAVINGS AND INVESTMENT TRUST Main Branch is SAVICAM1XXX.

The first 4 characters SAVI signify the bank code for SAVINGS AND INVESTMENT TRUST. The next 2 characters CA indicate country. Next 2 characters M1 indicate location of the bank and the last 3 characters (optional) XXX is branch code for the Main Branch branch.
XXX indicates main branch of the bank.

Find the swift code for SAVINGS AND INVESTMENT TRUST below.

Full Swift CodeSAVICAM1XXX
Bank BICSAVICAM1
Branch CodeXXX
Bank NameSAVINGS AND INVESTMENT TRUST
Bank BranchMain Branch
CityMONTREAL
Full Address225 ST. JAMES STREET
LocationMONTREAL H24 1M6
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 SAVINGS AND INVESTMENT TRUST

Swift CodeBranch Name
SAVICAM1XXXMain Branch

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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.