SWIFT/BIC code INCDCAT1XXX
INCDCAT1XXX belongs to Instinet Canada Limited in Toronto, Canada.
Code details
| SWIFT/BIC code | INCDCAT1XXX |
|---|---|
| 8-character code | INCDCAT1 |
| Branch code | XXX |
| Bank | Instinet Canada Limited |
| Branch | Head office |
| City | Toronto |
| Country | Canada |
How the Instinet Canada Limited SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- INCD Bank code
- 4 letters that identify the bank.
- CA Country code
- 2 letters for the country (ISO 3166).
- T1 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 is behind BIC INCDCAT1XXX?
INCDCAT1XXX identifies the headquarters of Instinet Canada Limited in Toronto, Canada. It is the code to use when a payment to Instinet Canada Limited does not need a specific branch.
Is INCDCAT1 and INCDCAT1XXX the same code?
Yes. INCDCAT1 is the 8-character version of INCDCAT1XXX. XXX simply means head office, so either version routes your payment to Instinet Canada Limited in Toronto.
Does Instinet Canada Limited have a single SWIFT/BIC code?
Yes – INCDCAT1XXX is the single SWIFT/BIC code listed for Instinet Canada Limited in Canada, so you do not need to pick a branch code.
What do the letters in INCDCAT1XXX stand for?
INCD is the institution code of Instinet Canada Limited, CA is the ISO code of Canada, T1 is the code for the city or region and XXX marks the head office.
What do I need to send money to an account at Instinet Canada Limited?
Have ready the SWIFT/BIC code INCDCAT1XXX, the IBAN or local account number of the recipient, their full name and address. Canada is not part of SEPA, so the BIC is required.
How long does it take to send money to Instinet Canada Limited in Canada?
A SWIFT payment typically takes 1–5 business days, because of intermediary banks and cut-off times. Specialist transfer services are often quicker than a bank.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.