SWIFT/BIC code VERBCAT1XXX
VERBCAT1XXX belongs to Versus Brokerage Services in Toronto, Canada.
Code details
| SWIFT/BIC code | VERBCAT1XXX |
|---|---|
| 8-character code | VERBCAT1 |
| Branch code | XXX |
| Bank | Versus Brokerage Services |
| Branch | Head office |
| City | Toronto |
| Country | Canada |
How the Versus Brokerage Services SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- VERB 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
Which bank uses SWIFT/BIC code VERBCAT1XXX?
VERBCAT1XXX is the SWIFT/BIC code of the main office of Versus Brokerage Services in Toronto, Canada. It is the code to use when a payment to Versus Brokerage Services does not need a specific branch.
How long does a transfer to Versus Brokerage Services take?
An international SWIFT transfer typically takes 1–5 business days, because of correspondent banks and time zones. Money transfer services are often quicker than a bank.
What do the letters in VERBCAT1XXX mean?
VERB is the bank code of Versus Brokerage Services, CA stands for Canada, T1 is the location code and XXX means the main office.
Which details do I need for a transfer to an account at Versus Brokerage Services?
You need the SWIFT/BIC code VERBCAT1XXX, the IBAN or local account number of the recipientand the name of the account holder. Canada uses international SWIFT transfers, so always include the BIC.
What happens if I use VERBCAT1XXX incorrectly?
Your transfer can bounce, get stuck or cost extra. Double-check VERBCAT1XXX against the details from Versus Brokerage Services before you confirm.
What is the best way to send money to Versus Brokerage Services?
Banks often add 1–3% to the exchange rate on top of a fee. Check what you receive in Canadian Dollar with transfer services before you send – the difference can be large.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.