SWIFT/BIC code CTIPBRR1XXX
CTIPBRR1XXX belongs to Cetip S.A. Balcao Organizado de Ativos e Derivativos in Rio de Janeiro, Brazil.
Code details
| SWIFT/BIC code | CTIPBRR1XXX |
|---|---|
| 8-character code | CTIPBRR1 |
| Branch code | XXX |
| Bank | Cetip S.A. Balcao Organizado de Ativos e Derivativos |
| Branch | Head office |
| City | Rio de Janeiro |
| Country | Brazil |
The way the Cetip S.A. Balcao Organizado de Ativos e Derivativos SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- CTIP Bank code
- 4 letters that identify the bank.
- BR Country code
- 2 letters for the country (ISO 3166).
- R1 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
Which institution is behind SWIFT/BIC code CTIPBRR1XXX?
CTIPBRR1XXX is the SWIFT/BIC code of the main office of Cetip S.A. Balcao Organizado de Ativos e Derivativos in Rio de Janeiro, Brazil. Use it when a payment to Cetip S.A. Balcao Organizado de Ativos e Derivativos does not need a specific branch.
Are CTIPBRR1 and CTIPBRR1XXX the same code?
Yes, they are. CTIPBRR1 is the 8-character version of CTIPBRR1XXX. The XXX at the end only means head office, so either version will reach Cetip S.A. Balcao Organizado de Ativos e Derivativos in Rio de Janeiro.
How long does it take to send money to Cetip S.A. Balcao Organizado de Ativos e Derivativos in Brazil?
An international SWIFT transfer usually takes 1–5 business days, depending on intermediary banks and cut-off times. Money transfer services are often faster and cheaper.
What do the letters in CTIPBRR1XXX stand for?
CTIP is the institution code of Cetip S.A. Balcao Organizado de Ativos e Derivativos, BR stands for Brazil, R1 is the location code and XXX means the head office.
What do I need to send money to an account at Cetip S.A. Balcao Organizado de Ativos e Derivativos?
Have ready the SWIFT/BIC code CTIPBRR1XXX, the IBAN or local account number of the recipientand the name of the account holder. Brazil is not part of SEPA, so always include the BIC.
What happens if I use CTIPBRR1XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check CTIPBRR1XXX against the details from Cetip S.A. Balcao Organizado de Ativos e Derivativos before you confirm.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.