Credit Agricole CIB Australia Limited SWIFT/BIC code

What BSUIAU2S means for a payment to Credit Agricole CIB Australia Limited

The short code BSUIAU2S and the full code BSUIAU2SXXX refer to one and the same institution: Credit Agricole CIB Australia Limited. Banks worldwide use BIC codes to direct international transfers to the correct bank. You will need it mainly for payments that cross a border or a currency.

This page is meant to help people who sends money to an account at Credit Agricole CIB Australia Limited without mistakes. The SWIFT code on its own does not identify a personal account; for that you need the IBAN or account number is for.

How long does an international transfer to Credit Agricole CIB Australia Limited take?

How quickly a transfer reaches Credit Agricole CIB Australia Limited depends on several factors: the currency, the number of banks in between, daily processing deadlines and time zones. Transfers sent after the cut-off time or just before weekends and holidays often start the next business day. Compliance checks on larger or unusual payments may also cause a delay.

If a transfer seems delayed, ask the sending bank about the tracking status so they can trace it along the chain. Specialist transfer services usually provide a status online so you can see where the payment is.

The bank that sent the money can request a trace; the receiving side usually has nothing to trace yet. Ask the sender for a copy of the payment confirmation with the date and reference.

Paying into Credit Agricole CIB Australia Limited in AUD

The currency in Australia is the Australian Dollar (AUD). Money sent in a different currency will be converted into AUD on its way to Credit Agricole CIB Australia Limited, and whoever converts it chooses the rate. There is rarely a separate charge for that conversion – the cost sits in the rate.

Which bank converts the payment makes a difference: every bank has its own margin. In many cases you pay less if you send AUD directly through a transfer service with a good rate, so that the receiving bank does not need to convert again.

Rates for AUD change during the day, and some providers let you lock in a rate. For recurring payments, a slightly better rate add up over a year.

Credit Agricole CIB Australia Limited: head office code versus branch codes

Credit Agricole CIB Australia Limited has 2 separate SWIFT/BIC codes across 1 cities. One of them is the head office code, BSUIAU2SXXX; the others identify branches or departments.

Unless the recipient tells you otherwise, use BSUIAU2SXXX or its short form BSUIAU2S. Only use a branch code when your contact gives you that exact code, for example on an invoice or in their bank details.

When in doubt, check with the recipient for the exact BIC in their bank details. Codes for branches are more prone to be retired than the head office code.

Sending money abroad from Credit Agricole CIB Australia Limited

A bank transfer abroad costs rather more than the fee suggests. Besides the transfer fee, correspondent or intermediary banks can take a cut, and if the money changes currency the bank usually applies a rate that is less favourable than the real market rate.

The markup on the rate tends to be the largest cost, and it is easy to miss. An easy check: set the rate you get against the mid-market rate for the same moment and work out the difference on your amount.

For many routes, a transfer service is less expensive than a bank. Before your next transfer, it is worth comparing the total cost via GoldexPay. You can always keep your account at Credit Agricole CIB Australia Limited; only the conversion and sending happen elsewhere.

Scams that use SWIFT codes

Scammers often send payment requests containing new bank details, sometimes in an email that looks completely genuine. A correct SWIFT code says nothing about who owns the account – scammers simply use real codes.

Before paying, verify a change of bank details by phone on a number you know, not one from the message. Watch out for time pressure, odd spelling or an email address that differs by one letter. Acted too fast? Call your bank straight away and have them try to recall the payment; also report it to the police.

Recipients are targeted too: a classic trick is an overpayment followed by a request to send back the difference abroad. Do not act before the money is actually in your account – ask Credit Agricole CIB Australia Limited if something looks wrong.

Getting paid from abroad into a Credit Agricole CIB Australia Limited account

Someone abroad who wants to pay you needs several details about your account. That means: your name exactly as it appears on the account, your account number or IBAN, the SWIFT/BIC code BSUIAU2SXXX and sometimes your address.

Their bank may also ask for the bank address of Credit Agricole CIB Australia Limited, in which case the Sydney head office is the usual answer. Check each detail before you share them, because the sender’s bank usually copies them as is.

What lands in your account is often lower than what was sent. Intermediary banks may deduct a fee, and if the money is converted, a markup on the rate applies. Agree with the sender who covers the fees, especially for larger amounts.

Is BSUIAU2S still correct? How to check

The best place to find the right code is paperwork issued by the bank. Compare it with BSUIAU2S here; if they differ, ask before you pay.

An incorrect BIC can cause a delay, a payment being sent back or additional charges. An error in the account number can be more serious, because the money may be credited to someone else; check it just as carefully.

Many banking apps check the structure of an IBAN, but that does not prove the account belongs to the right person. Some banks now check the payee name with the account; take any warning seriously. A small test payment is a sensible step for large sums despite the extra fee.

A note on our data

Our SWIFT/BIC directory draws on publicly available sources and is updated regularly. It can happen that a code here is out of date. The figures we show reflect what is in our directory and not on information from Credit Agricole CIB Australia Limited itself.

Treat this page as a reference, rather than as the final word – the bank details from the recipient are leading. GoldexPay has no connection to Credit Agricole CIB Australia Limited; we are a comparison site for money transfers. Spotted an error? Tell us via our contact form so we can correct it.

BSUIAU2S or BSUIAU2SXXX – which one to use?

A BIC is made up of fixed blocks: the first four letters identify the bank, the next two show the country and the two after that mark the location. That gives you BSUIAU2S for Credit Agricole CIB Australia Limited.

Many payment forms accept both lengths. If yours requires eleven characters, enter BSUIAU2SXXX; if it wants eight, use BSUIAU2S.

Do not add spaces when you type BSUIAU2S. A single letter can send the money to a different institution, so copy it carefully.