SWIFT/BIC code LOOMCHG1XXX
LOOMCHG1XXX belongs to Global Equity AG in Baar, Switzerland.
Code details
| SWIFT/BIC code | LOOMCHG1XXX |
|---|---|
| 8-character code | LOOMCHG1 |
| Branch code | XXX |
| Bank | Global Equity AG |
| Branch | Head office |
| City | Baar |
| Country | Switzerland |
How the Global Equity AG SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- LOOM Bank code
- 4 letters that identify the bank.
- CH Country code
- 2 letters for the country (ISO 3166).
- G1 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 bank is behind SWIFT code LOOMCHG1XXX?
LOOMCHG1XXX identifies the main office of Global Equity AG in Baar, Switzerland. It is the code to use when a payment to Global Equity AG does not need a specific branch.
What is the cheapest way to send money to Global Equity AG?
Banks often add 1–3% to the exchange rate on top of a fee. Compare what you receive in Swiss Franc with transfer services before you send.
Do I need LOOMCHG1XXX to send euros to Switzerland?
Switzerland is part of the SEPA area. When you send euros the IBAN is usually enough. If you send another currency you do need LOOMCHG1XXX.
How long does it take to send money to Global Equity AG?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
Does Global Equity AG use only one SWIFT/BIC code?
Yes, LOOMCHG1XXX is the single SWIFT/BIC code listed for Global Equity AG in Switzerland, so there is no branch code to choose.
What do the letters in LOOMCHG1XXX mean?
LOOM is the bank code of Global Equity AG, CH stands for Switzerland, G1 is the code for the city or region and XXX marks the main office.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.