Lombard Odier and Cie (Bahamas) Limited SWIFT/BIC code

What LOCYBSNS means for a payment to Lombard Odier and Cie (Bahamas) Limited

The 8-character code LOCYBSNS and the full code LOCYBSNSXXX identify one and the same institution: Lombard Odier and Cie (Bahamas) Limited. A BIC has a single purpose: it makes sure that an international payment ends up at the right bank. You will need it mostly when dealing with transfers between countries or a currency.

This page is meant to help anyone who sends money to an account at Lombard Odier and Cie (Bahamas) Limited and wants to get the details right. The BIC names a bank or branch, never a specific account; the IBAN or account number does that.

About this information

The codes on this page come from publicly available data. Even so, banks merge, rename themselves or retire codes and our data may lag behind. Figures such as the number of codes are from our own dataset.

For any payment that matters, always check the code with the recipient’s bank or the recipient. We are a comparison site and not part of Lombard Odier and Cie (Bahamas) Limited. Should you notice something that is out of date, we appreciate a message via the contact page.

Is LOCYBSNS still correct? How to check

The safest source for the BIC is the recipient’s own bank details: an invoice, a bank statement or their online banking. Check it with LOCYBSNS here and ask if anything does not match.

With a wrong code, the transfer might be delayed, be returned or end up costing more. Do not forget the IBAN: an error there is more difficult to correct than a wrong code.

A validity check in your banking app merely tells you that the IBAN exists, not that it is the right account. If your bank offers it, a payee name check before sending adds an extra layer of safety. When you pay someone new, many people send a small amount first.

Receiving money from abroad at Lombard Odier and Cie (Bahamas) Limited

When you expect a payment from another country, send the payer all details at once. The basics are: your name, IBAN or account number, LOCYBSNSXXX and, for some countries, your home address.

The sender’s bank might also ask for the bank address of Lombard Odier and Cie (Bahamas) Limited; the head office in Nassau is usually fine. A mistake in your account number is harder to fix than you might think; copy them from your banking app rather than typing.

Do not be surprised if the incoming amount is below the amount on the sender’s receipt. Fees for incoming transfers vary per bank – the price list of Lombard Odier and Cie (Bahamas) Limited tells you what applies. Agree with the sender who covers the fees.

What a transfer from Lombard Odier and Cie (Bahamas) Limited abroad really costs

What you pay for an international transfer is made up of more than one component, and the transfer fee is only the most visible one. You pay the transfer fee, possibly fees charged by intermediary banks in between and, most importantly, the margin on the exchange rate.

The markup on the rate tends to be the largest cost, and it is easy to miss. Compare their rate against the mid-market rate, the midpoint between buy and sell rates you see on financial sites.

For a lot of currency pairs, a transfer service is less expensive than a traditional bank transfer, mainly because of the exchange rate. Next time you send money, take a minute to compare the total cost on GoldexPay instead of going straight to your bank. You can still keep your account at Lombard Odier and Cie (Bahamas) Limited to fund the transfer.

LOCYBSNS or LOCYBSNSXXX – which one to use?

Each SWIFT/BIC code has an 8-character core: a four-letter bank code, two letters for the country and two characters for the location. For Lombard Odier and Cie (Bahamas) Limited, that core is LOCYBSNS.

Many banks and apps accept either length. If a form requires eleven characters, enter LOCYBSNSXXX.

Enter the code in one piece, in capitals and without spaces. Copying the code is safer than retyping it, because one wrong letter changes the bank.

Changed bank details? Be careful

Criminals often send fake invoices with changed bank details sent from what looks like a familiar address. That LOCYBSNS is a real code is no guarantee that the account is legitimate – fraudsters use real bank codes as well.

Never rely on a phone number from the same email that announces the change. Watch out for time pressure, unusual wording or an email address that differs by one letter. Acted too fast? Call the bank you paid from without delay and have them start a recall; also report it to the police.

Fraud also work the other way: someone claims to have sent too much and asks you to refund the extra to a new account. A payment confirmation from the sender is no proof.

Which of the 2 codes of Lombard Odier and Cie (Bahamas) Limited do you need?

Lombard Odier and Cie (Bahamas) Limited has 2 separate SWIFT/BIC codes. Only one is the head office code; the others belong to branches or departments.

In most cases there is no need to look up a branch: transfers sent to LOCYBSNSXXX are routed within Lombard Odier and Cie (Bahamas) Limited without problems. When you receive a specific code, stick to it rather than swapping it for the head office code.

When in doubt, ask the person you are paying which code their bank gave them. Branch codes are sometimes changed or retired over time, so a code from an old document is not always valid.

When will the money arrive at Lombard Odier and Cie (Bahamas) Limited?

There is no fixed answer: some arrive the same day or the next while others need several business days. Bank holidays in the sending or receiving country can add extra days, since banks do not process on those days. Extra checks on larger or unusual payments can also cause some delay, even when all details are correct.

If the money is delayed, contact the sending bank about the tracking status and the transaction reference; with that reference banks can see where the payment is. Keep your transfer receipt until the recipient confirms.

Only the sending bank can start an official trace or a recall. On the receiving end, it helps to look at your account for a slightly lower amount.