SWIFT/BIC codes in Andorra

Bank SWIFT codes for Andorra

In Andorra our database holds 9 SWIFT/BIC codes. You need such a code mostly when making international transfers and for payments in a foreign currency.

Select a bank below to see the head office code and any branch codes along with tips for payments to and from that bank. Below the list we explain how codes from Andorra are built, how to send money there at a fair price and what to check before you pay.

The structure of a Andorra SWIFT/BIC code

A SWIFT code is either 8 or 11 characters long and the parts always come in the same order. It starts with four letters for the bank, followed by two letters for the country and a two-character location code.

You can spot a code from Andorra from letters five and six – those always form the country code of Andorra. A code with other letters in that position belong to a bank abroad.

An 11-character code ends in a branch code – XXX stands for the head office. In most cases the head office code is what you need, unless the recipient gives you a branch code.

What a transfer to Andorra really costs

An international bank payment to Andorra often costs rather more than the fee suggests. There is the transfer fee, possibly fees from correspondent banks and, most importantly, the exchange rate markup if the money is converted.

The real cost is often in the rate, not in the fee: banks convert at a rate with a margin built in. Compare the bank’s rate with the mid-market rate.

For many routes, a transfer service turns out to be cheaper than a traditional bank transfer – mostly thanks to the exchange rate. GoldexPay compares transfer services side by side so you can see the amount that reaches the recipient for the same amount sent.

Tracking a payment to Andorra

A SWIFT payment to Andorra typically takes anywhere from one to several business days – it depends on currency, route and the banks in between. Public holidays in Andorra or in the sending country add a day or more, because banks do not process payments on those days.

Many banks use SWIFT gpi for faster and traceable payments. Every gpi transfer gets a unique transaction reference, the UETR. Money transfer services often provide tracking in their app.

Which bank in Andorra has the most codes?

Andorra Banc Agricol Reig S.A. tops our list of Andorra banks when it comes to SWIFT/BIC codes. Its head office code is BACAADADXXX.

A large number of codes usually reflects separate codes for branches, departments or services, not necessarily that the bank is the biggest in the country. Making a payment to Andorra Banc Agricol Reig S.A.? Use BACAADADXXX unless the recipient gives you a branch code.

Receiving money in Andorra from abroad

For a transfer from abroad into a Andorra account, the sender has to have more than the SWIFT code. That means: your name exactly as it appears on the account, your IBAN or account number, the BIC of your bank and, often, your address.

Look up your bank in the list above to check its code – your bank statement is the final word. It helps to add your bank’s name and city as well.

Do not be surprised if the amount credited is smaller than what the sender paid. Intermediary banks may deduct a fee, your bank may charge for incoming payments, and when currencies differ, an exchange rate margin applies. Make clear with the sender who pays which costs.

How reliable is this list?

The most reliable source for a SWIFT code is the bank details provided by the recipient. An incorrect BIC may lead to a delay, a returned payment or extra fees.

The directory on GoldexPay is based on publicly available sources that we update periodically. Still, banks merge, rename themselves or change codes, so information can be out of date. For a payment that matters, confirm the code with the recipient’s bank. We are an independent comparison service for money transfers and not part of any bank listed here.

Fraudsters regularly send payment requests carrying changed bank details. Before paying, confirm a change of bank details by phone, using a number you already had.

SEPA transfers to Andorra

Andorra belongs to the SEPA area, the zone for uniform euro payments. For a regular euro transfer within SEPA, you normally only need the IBAN.

You still need the BIC when sending non-euro payments or transfers from countries outside SEPA. SEPA transfers usually arrive by the next business day, and instant transfers in seconds where both banks support them. Costs stay low as long as everything stays in euros; the conversion is where it gets expensive.

Andorra and the Euro

Andorra pays in the Euro. Money sent in a different currency is converted into EUR before it reaches the account.

Who converts the payment makes a difference: every bank has its own margin. Check what EUR the recipient gets with different providers before choosing one. On larger amounts, even a small difference in the rate can be worth more than the fee.