SWIFT/BIC code CDCCCAMMXXX
CDCCCAMMXXX belongs to Canadian Derivatives Clearing Corp in Montreal, Canada.
Code details
| SWIFT/BIC code | CDCCCAMMXXX |
|---|---|
| 8-character code | CDCCCAMM |
| Branch code | XXX |
| Bank | Canadian Derivatives Clearing Corp |
| Branch | Head office |
| City | Montreal |
| Country | Canada |
The way the Canadian Derivatives Clearing Corp SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- CDCC Bank code
- 4 letters that identify the bank.
- CA Country code
- 2 letters for the country (ISO 3166).
- MM Location code
- 2 characters for the city or region of the head office.
- XXX Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
What bank uses SWIFT code CDCCCAMMXXX?
The code CDCCCAMMXXX belongs to the main office of Canadian Derivatives Clearing Corp in Montreal, Canada. It is the code to use when you send money to an account at Canadian Derivatives Clearing Corp.
How long does it take to send money to Canadian Derivatives Clearing Corp?
A SWIFT payment typically takes 1–5 business days, depending on correspondent banks and time zones. Money transfer services are often faster and cheaper.
What is the cheapest way to send money to Canadian Derivatives Clearing Corp?
Banks often add 1–3% to the exchange rate on top of a fee. Compare what you receive in Canadian Dollar with specialist providers before you send.
What does each part of CDCCCAMMXXX stand for?
CDCC is the institution code of Canadian Derivatives Clearing Corp, CA stands for Canada, MM is the location code and XXX marks the head office.
Which details do I need to send money to an account at Canadian Derivatives Clearing Corp?
Have ready the SWIFT/BIC code CDCCCAMMXXX, the IBAN or local account number of the recipientand the name of the account holder. Canada uses international SWIFT transfers, so always include the BIC.
What happens if I use CDCCCAMMXXX incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check CDCCCAMMXXX against the details from Canadian Derivatives Clearing Corp before you confirm.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.