SWIFT/BIC code FBDBCAM1XXX
FBDBCAM1XXX belongs to Business Development Bank of Canada in Montreal, Canada.
Code details
| SWIFT/BIC code | FBDBCAM1XXX |
|---|---|
| 8-character code | FBDBCAM1 |
| Branch code | XXX |
| Bank | Business Development Bank of Canada |
| Branch | Head office |
| City | Montreal |
| Country | Canada |
The way the Business Development Bank of Canada SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- FBDB Bank code
- 4 letters that identify the bank.
- CA Country code
- 2 letters for the country (ISO 3166).
- M1 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 uses BIC FBDBCAM1XXX?
FBDBCAM1XXX is the SWIFT/BIC code of the head office of Business Development Bank of Canada in Montreal, Canada. Use it when you send money to an account at Business Development Bank of Canada.
How long does a transfer to Business Development Bank of Canada take?
A SWIFT payment typically takes 1–5 business days, because of correspondent banks and time zones. Money transfer services are often quicker than a bank.
Which details do I need for a transfer to an account at Business Development Bank of Canada?
Have ready the SWIFT/BIC code FBDBCAM1XXX, the account number or IBAN of the recipient, their full name and address. Canada uses international SWIFT transfers, so always include the BIC.
What do the letters in FBDBCAM1XXX mean?
FBDB is the institution code of Business Development Bank of Canada, CA stands for Canada, M1 is the code for the city or region and XXX means the main office.
Is FBDBCAM1 and FBDBCAM1XXX the same code?
Yes. FBDBCAM1 is the 8-character version of FBDBCAM1XXX. XXX simply refers to the head office, so both will reach Business Development Bank of Canada in Montreal.
Does Business Development Bank of Canada use only one SWIFT/BIC code?
Yes, FBDBCAM1XXX is the single SWIFT/BIC code we have for Business Development Bank of Canada in Canada, so there is no branch code to choose.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.