Banco Santander Rio S.A. SWIFT/BIC code

Banco Santander Rio S.A. SWIFT code: BSCHARBA

The short code BSCHARBA and the full code BSCHARBAXXX refer to one and the same institution: Banco Santander Rio S.A.. Every bank on the SWIFT network uses these codes to direct payments between countries to the right bank. In daily life you mostly see it on international invoices, in payment forms and on the account details of Banco Santander Rio S.A. customers.

We wrote this page to help people who sends money to an account at Banco Santander Rio S.A. without mistakes. The BIC names a bank or branch, never a single account.

Which of the 2 codes of Banco Santander Rio S.A. do you need?

We have 2 SWIFT/BIC codes for Banco Santander Rio S.A.. Besides the head office code BSCHARBAXXX, you will find codes for individual branches and departments.

In most cases you do not need to pick a branch: transfers addressed to BSCHARBAXXX reach Banco Santander Rio S.A. without problems. Just use a branch code when your contact gives you that exact code.

The safest route is to take the code straight from the recipient’s bank details. Codes can change when banks reorganise, so do not rely on old paperwork.

Sending money abroad from Banco Santander Rio S.A.

If you send money abroad via Banco Santander Rio S.A., the fee you see is rarely all of what you pay. On top of the transfer fee, banks in between may take a cut, and if currencies are converted, the bank often applies a rate below the real market rate.

That exchange rate margin tends to be the largest cost, and it is easy to miss. Check the rate you are offered with the mid-market rate, the midpoint between buy and sell rates you see on financial sites; the gap is what conversion costs you.

For a lot of currency pairs, a transfer service is cheaper than a bank, mainly because of the exchange rate. GoldexPay compares transfer providers side by side, showing what actually arrives before you commit. You can always use your account at Banco Santander Rio S.A. as the source of the money, while a cheaper service handles the conversion.

Transfer times and tracking a payment to Banco Santander Rio S.A.

An international transfer usually takes anywhere from one to several business days. Transfers sent after the cut-off time or on weekends and holidays often go out the next business day. Extra checks on larger or unusual payments can also add some delay.

Many banks are connected to SWIFT gpi. Every payment gets a unique reference, the UETR. Keep the payment confirmation until the money has arrived – you will need it for any trace request.

A missing payment is investigated from the sending side. Ask the sender for a copy of the payment confirmation – it helps your own bank look for the money.

Where our SWIFT data comes from

We collect bank codes using publicly available data and check our list regularly. Still, banks merge or change codes, so information can be out of date. The number of codes we show are based on what is in our directory, not official figures from Banco Santander Rio S.A..

Before any payment of any size, always check the code with the recipient’s bank or with the recipient. We are an independent comparison site for money transfers and not part of Banco Santander Rio S.A.. Should you notice a mistake, we appreciate a short note.

Scams that use SWIFT codes

Stay wary if someone suddenly asks you to send money to a different account or a bank in another country. That BSCHARBA is a real code does not mean that the account is legitimate.

Always verify changed bank details through a phone call, using a number you already had. Be suspicious of urgent requests, odd spelling or a sender address that is slightly off. Already paid? Contact your bank without delay and have them start a recall; also report it to the police.

Recipients can be targeted as well: one known trick is an overpayment followed by a request to refund the difference to another account. Wait until the money has really arrived and check with Banco Santander Rio S.A. if anything seems off.

Getting paid from abroad into a Banco Santander Rio S.A. account

If you expect a payment from another country, send the payer everything they need in one go. In practice that means: your name exactly as it appears on the account, your account number or IBAN, the BIC BSCHARBAXXX (or BSCHARBA) and sometimes your postal address.

The sender’s bank might request the address of your bank, in which case the Buenos Aires head office is the usual answer. Double-check each detail before you send them, because the sender’s bank usually copies them as is.

Do not be surprised if the incoming amount is below what the sender paid. Charges on incoming payments differ per bank – the price list of Banco Santander Rio S.A. tells you what applies. On invoices, you can state how the fees are split to avoid a shortfall.

BSCHARBA or BSCHARBAXXX – which one to use?

A SWIFT code is built from a few fixed parts: the first four letters stand for the bank, characters five and six give the country and the two after that mark the location. That gives you BSCHARBA.

XXX at the end of BSCHARBAXXX does not stand for a missing value or a mistake: it indicates the head office of Banco Santander Rio S.A.. Some banking apps insist on 11 characters, in which case you simply enter XXX behind BSCHARBA.

Do not add spaces or dashes when you enter BSCHARBA; the code is always written in one block. A wrong character may route a payment to another bank, so copy it carefully.

Verifying the SWIFT code of Banco Santander Rio S.A.

The best place to find the correct BIC is paperwork issued by the bank like a bank statement or the account page in online banking. When the code you were given differs from BSCHARBA or BSCHARBAXXX, do not guess.

A wrong SWIFT code may lead to delays, a returned payment or additional charges. A mistake in the account number is more serious, because the money may be credited to someone else; check it just as carefully.

Many banking apps validate the format of IBANs – that confirms the format, not the owner. Some banks now compare the payee name against the account. A small test payment can be worth it for large sums, even if it costs an extra fee.