SWIFT/BIC code SSCSBRR1XXX
SSCSBRR1XXX belongs to Special Settlement and Custody System (Selic) in Rio de Janeiro, Brazil.
Code details
| SWIFT/BIC code | SSCSBRR1XXX |
|---|---|
| 8-character code | SSCSBRR1 |
| Branch code | XXX |
| Bank | Special Settlement and Custody System (Selic) |
| Branch | Head office |
| City | Rio de Janeiro |
| Country | Brazil |
How the Special Settlement and Custody System (Selic) SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- SSCS 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
What bank uses BIC SSCSBRR1XXX?
The code SSCSBRR1XXX belongs to the main office of Special Settlement and Custody System (Selic) in Rio de Janeiro, Brazil. It is the code to use when a payment to Special Settlement and Custody System (Selic) does not need a specific branch.
Are SSCSBRR1 and SSCSBRR1XXX the same code?
Yes, they are. SSCSBRR1 is the 8-character version of SSCSBRR1XXX. The XXX at the end only refers to the head office, so both will reach Special Settlement and Custody System (Selic) in Rio de Janeiro.
What is the cheapest way to send money to Special Settlement and Custody System (Selic) in Brazil?
Many banks add several percent to the exchange rate on top of a fee. Check the amount that arrives in Brazilian Real with specialist providers before you send.
What happens if I use SSCSBRR1XXX with a typo?
The payment may be delayed, returned or charged extra fees. Always check SSCSBRR1XXX against the details from Special Settlement and Custody System (Selic) before you confirm.
Does Special Settlement and Custody System (Selic) have a single SWIFT/BIC code?
Yes, SSCSBRR1XXX is the only SWIFT/BIC code listed for Special Settlement and Custody System (Selic) in Brazil, so there is no branch code to choose.
Which details do I need to send money to an account at Special Settlement and Custody System (Selic)?
You need the SWIFT/BIC code SSCSBRR1XXX, the IBAN or local account number of the recipient, their full name and address. Brazil uses international SWIFT transfers, so always include the BIC.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.