SWIFT/BIC code SATMCAM1XXX
SATMCAM1XXX belongs to Sectoral Asset Management in Montreal, Canada.
Code details
| SWIFT/BIC code | SATMCAM1XXX |
|---|---|
| 8-character code | SATMCAM1 |
| Branch code | XXX |
| Bank | Sectoral Asset Management |
| Branch | Head office |
| City | Montreal |
| Country | Canada |
How the Sectoral Asset Management SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- SATM 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 bank uses BIC SATMCAM1XXX?
SATMCAM1XXX identifies the headquarters of Sectoral Asset Management in Montreal, Canada. It is the code to use when a payment to Sectoral Asset Management does not need a specific branch.
How long does a transfer to Sectoral Asset Management take?
An international SWIFT transfer usually takes 1–5 business days, depending on intermediary banks and cut-off times. Specialist transfer services are often quicker and cheaper.
What does each part of SATMCAM1XXX stand for?
SATM is the institution code of Sectoral Asset Management, CA stands for Canada, M1 is the code for the city or region and XXX marks the head office.
Which details do I need for a transfer to an account at Sectoral Asset Management?
You need the SWIFT/BIC code SATMCAM1XXX, the account number or IBAN of the recipient, their full name and address. Canada is not part of SEPA, so always include the BIC.
What happens if I enter SATMCAM1XXX with a typo?
The payment may be delayed, returned or charged extra fees. Double-check SATMCAM1XXX with the recipient before you confirm.
Does Sectoral Asset Management use a single SWIFT/BIC code?
Yes – SATMCAM1XXX is the only SWIFT/BIC code we have for Sectoral Asset Management in Canada, so you do not need to pick a branch code.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.