Oceanic Bank and Trust Limited SWIFT/BIC code

Oceanic Bank and Trust Limited SWIFT code: OBATBSN1

The short code OBATBSN1 and the 11-character code OBATBSN1XXX refer to the same bank: Oceanic Bank and Trust Limited. The code has a single purpose: it ensures that an international payment ends up at the right bank. In practice you usually see the code on invoices from abroad, in your banking app and on the account details of Oceanic Bank and Trust Limited customers.

On this page you can read how the code means, when it matters and which other details a transfer to or from Oceanic Bank and Trust Limited requires. The SWIFT code alone does not identify a personal account; for that you need the IBAN or account number .

Sending money abroad from Oceanic Bank and Trust Limited

When you transfer money to another country from Oceanic Bank and Trust Limited, the fee you see is rarely all of the cost. Besides a fixed fee, correspondent or intermediary banks may deduct a fee, and if currencies are converted the bank often applies a rate that is less favourable than the actual market rate.

Many banks do not list the margin on the rate separately – you only notice it if you compare. Check the rate you are offered against the mid-market rate, the midpoint between buy and sell rates you see on financial sites; the gap is what conversion costs you.

Specialised transfer providers frequently offer a rate near the mid-market rate. Before your next transfer, it is worth to compare the total cost on GoldexPay instead of going straight to your bank. Using a transfer service does not mean closing your account at Oceanic Bank and Trust Limited: you simply pay the service from your account.

Tracking a transfer to or from Oceanic Bank and Trust Limited

How fast a payment reaches Oceanic Bank and Trust Limited is determined by a few things: which currency you send, how many intermediary banks are involved, cut-off times and differences in time zone. Weekends and public holidays in either country can add extra days to the journey. Occasionally a bank asks about the purpose of a payment, which can hold things up.

If the money seems late, contact the sending bank for the status; with that reference banks can see where the payment is. Money transfer services usually show tracking in their app showing how far the payment is.

The bank that sent the money can request a trace or a recall. On the receiving end, you can look at your account for a partial amount, since fees may have been deducted.

What the XXX in OBATBSN1XXX means

The structure of every SWIFT code is always the same: a bank code of four letters, two for the country and two for the location. In this case, the 8-character core is OBATBSN1.

The long version adds three more characters that identify a branch or department. When those three characters are XXX, they simply mean the head office.

Type the code in one piece, in capitals and without separators. A wrong character may route the money to a different institution, so copy it carefully.

Protect yourself against fake payment requests

Stay alert if someone suddenly wants you to send money to a different account or a bank in another country. A valid SWIFT code says nothing about who owns the account: scammers use real codes of real banks.

Always verify changed bank details by phone on a number you know, not one from the message. Be suspicious of time pressure, unusual wording or a sender address that is slightly off. Already paid? Contact your bank straight away and have them start a recall.

Recipients are targeted too: one known trick is a buyer who pays too much and then sends a request to send back the difference. A screenshot of a transfer proves nothing – check your own account.

Receiving money from abroad at Oceanic Bank and Trust Limited

For a transfer from abroad at Oceanic Bank and Trust Limited, the person paying you needs not just the SWIFT code. Share the account holder’s name, the IBAN or account number, the BIC OBATBSN1XXX and your address.

Some banks also ask for the name and address of Oceanic Bank and Trust Limited; it does no harm to include it. Double-check the details before you share them – a sender rarely spots a mistake in someone else’s details.

An incoming payment will not always land for the full amount. Fees for incoming transfers vary per bank; check the price list of Oceanic Bank and Trust Limited. On invoices, it is common to agree who bears the costs.

Where our SWIFT data comes from

The details on this page come from public sources. Still, banks merge or change codes, so information can be out of date. Counts and locations are from our own dataset and may differ from what Oceanic Bank and Trust Limited publishes.

See our directory on this page as a helpful check and rely on the recipient or Oceanic Bank and Trust Limited for the final confirmation. We are a comparison site and not part of Oceanic Bank and Trust Limited. Should you notice something that is out of date, we appreciate a short note via the contact page.

Verifying the SWIFT code of Oceanic Bank and Trust Limited

The safest source for the BIC is the bank details provided by the recipient: an invoice, a bank statement or their online banking. Compare that code against OBATBSN1 on this page; if they differ, ask before you pay.

Errors in the BIC tend to be costly more than fatal. An error in the IBAN or account number can be more serious, because the money may be credited to someone else; check it just as carefully.

A format check in your banking app merely tells you that the code is valid – not that it belongs to the person you mean to pay. Some banks now compare the payee name with the account; take any warning seriously. Sending a small amount first is worth it for large sums, even if it costs an extra fee.

Head office or branch code at Oceanic Bank and Trust Limited?

Having 2 codes in 1 locations, Oceanic Bank and Trust Limited is one of the banks that register separate codes for parts of the organisation. The head office code is OBATBSN1XXX.

In most cases there is no need to pick a branch: payments sent to OBATBSN1XXX are routed within Oceanic Bank and Trust Limited without problems. A branch code only makes sense when the recipient’s bank explicitly asks for it.

Unsure which code applies? Check with the recipient, or look at a recent statement from Oceanic Bank and Trust Limited. Codes can change over time, so do not rely on old paperwork.