SWIFT/BIC code CDSLCAT2XXX
CDSLCAT2XXX belongs to Cds Clearing and Depository in Toronto, Canada.
Code details
| SWIFT/BIC code | CDSLCAT2XXX |
|---|---|
| 8-character code | CDSLCAT2 |
| Branch code | XXX |
| Bank | Cds Clearing and Depository |
| Branch | Head office |
| City | Toronto |
| Country | Canada |
The way the Cds Clearing and Depository SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- CDSL Bank code
- 4 letters that identify the bank.
- CA Country code
- 2 letters for the country (ISO 3166).
- T2 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 CDSLCAT2XXX?
CDSLCAT2XXX identifies the headquarters of Cds Clearing and Depository in Toronto, Canada. Use it when you send money to an account at Cds Clearing and Depository.
Does Cds Clearing and Depository have a single SWIFT/BIC code?
Yes, CDSLCAT2XXX is the only SWIFT/BIC code we have for Cds Clearing and Depository in Canada, so there is no branch code to choose.
What is the best way to send money to Cds Clearing and Depository?
Many banks add 1–3% to the exchange rate on top of a fee. Check the amount that arrives in Canadian Dollar with transfer services before you send.
How long does it take to send money to Cds Clearing and Depository?
A SWIFT payment usually takes 1–5 business days, depending on intermediary banks and cut-off times. Money transfer services are often quicker and cheaper.
What do the letters in CDSLCAT2XXX mean?
CDSL is the institution code of Cds Clearing and Depository, CA stands for Canada, T2 is the code for the city or region and XXX means the main office.
What happens if I use CDSLCAT2XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check CDSLCAT2XXX against the details from Cds Clearing and Depository before you confirm.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.