SWIFT/BIC code XTOECAT1XXX
XTOECAT1XXX belongs to Toronto Options Exchange in Toronto, Canada.
Code details
| SWIFT/BIC code | XTOECAT1XXX |
|---|---|
| 8-character code | XTOECAT1 |
| Branch code | XXX |
| Bank | Toronto Options Exchange |
| Branch | Head office |
| City | Toronto |
| Country | Canada |
The way the Toronto Options Exchange SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- XTOE 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 XTOECAT1XXX?
The code XTOECAT1XXX belongs to the headquarters of Toronto Options Exchange in Toronto, Canada. Use it when a payment to Toronto Options Exchange does not need a specific branch.
What happens if I use XTOECAT1XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check XTOECAT1XXX against the details from Toronto Options Exchange before sending.
What is the cheapest way to send money to Toronto Options Exchange?
Banks often add 1–3% to the exchange rate on top of a fee. Compare what you receive in Canadian Dollar with specialist providers before you send – the difference can be large.
Are XTOECAT1 and XTOECAT1XXX the same code?
Yes, they are. XTOECAT1 is the 8-character version of XTOECAT1XXX. The XXX at the end only refers to the head office, so either version will reach Toronto Options Exchange in Toronto.
How long does a transfer to Toronto Options Exchange take in Canada?
A SWIFT payment usually takes 1–5 business days, because of intermediary banks and cut-off times. Money transfer services are often quicker and cheaper.
Does Toronto Options Exchange have only one SWIFT/BIC code?
Yes, XTOECAT1XXX is the only SWIFT/BIC code we have for Toronto Options Exchange in Canada, so there is no branch code to choose.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.