RBC Royal Bank (Bahamas) Limited (Formerly Known AS Royal Bank of Canada Nassau) SWIFT/BIC code

SWIFT/BIC code of RBC Royal Bank (Bahamas) Limited (Formerly Known AS Royal Bank of Canada Nassau)

If an invoice shows ROYCBSNS or ROYCBSNSXXX, you are looking at the identical identifier for RBC Royal Bank (Bahamas) Limited (Formerly Known AS Royal Bank of Canada Nassau) in Bahamas. Banks worldwide use BIC codes to direct payments between countries to the right institution. You will need it mostly when dealing with payments that cross a border.

On this page we explain what the code is put together, when it matters and which other details you need for a transfer to or from RBC Royal Bank (Bahamas) Limited (Formerly Known AS Royal Bank of Canada Nassau). The BIC identifies a bank or branch, never a specific account, which is why you always need the account number too.

When will the money arrive at RBC Royal Bank (Bahamas) Limited (Formerly Known AS Royal Bank of Canada Nassau)?

How fast a payment reaches RBC Royal Bank (Bahamas) Limited (Formerly Known AS Royal Bank of Canada Nassau) is determined by a few things: the currency, the number of banks in between, daily processing deadlines and differences in time zone. Payments made late in the day or just before a weekend or public holiday usually start a business day later. Extra checks on larger or unusual payments may also cause some delay.

If the money is late, ask your bank about the status; with that reference banks can see where the payment is. Specialist transfer services often show a status online so you can see how far the payment is.

A missing payment has to be investigated by the sending bank. Request from the sender a copy of the payment confirmation with the date and reference; that often settles the question quickly.

How up to date is this code?

This directory is based on publicly available sources and we update it periodically. Even so, banks merge or retire codes and our data may lag behind. The number of codes we show are based on our own data and not on information from RBC Royal Bank (Bahamas) Limited (Formerly Known AS Royal Bank of Canada Nassau) itself.

Before a payment that matters, always check the code with RBC Royal Bank (Bahamas) Limited (Formerly Known AS Royal Bank of Canada Nassau) or with the recipient. We are an independent comparison service and not part of RBC Royal Bank (Bahamas) Limited (Formerly Known AS Royal Bank of Canada Nassau). Spotted an error? Tell us via our contact form so we can correct it.

Which of the 6 codes of RBC Royal Bank (Bahamas) Limited (Formerly Known AS Royal Bank of Canada Nassau) do you need?

With 6 codes, RBC Royal Bank (Bahamas) Limited (Formerly Known AS Royal Bank of Canada Nassau) is one of the banks that use separate codes for branches and departments. The head office code remains ROYCBSNSXXX.

For the vast majority of payments to a private or business account, the head office code ROYCBSNSXXX works fine. A branch code only makes sense when the recipient’s bank explicitly asks for it, which is more common for corporate accounts and specialised services.

The safest route is to copy the code directly from the recipient’s invoice. Branch codes are more prone to change than the head office code.

Is ROYCBSNS still correct? How to check

The safest source for a SWIFT code is the recipient’s own bank details – an invoice, a statement or a screenshot from online banking. If the code you have differs from ROYCBSNS or ROYCBSNSXXX, do not guess.

An incorrect BIC can cause a delay, a payment being sent back or extra fees for investigation. A mistake in the account number can be a bigger problem, so check that just as carefully.

Many banking apps check the format of an IBAN. Some banks now check the name with the account. For a first payment, some people start with a small amount first.

8 or 11 characters: ROYCBSNS versus ROYCBSNSXXX

Every SWIFT/BIC code starts with the same eight core characters: four letters for the bank, two letters for the country and two characters for the location. In this case, the 8-character core is ROYCBSNS.

Many payment forms accept both lengths. If a form requires eleven characters, use ROYCBSNSXXX, otherwise ROYCBSNS is fine.

Enter the code in one piece, in upper case and without separators, exactly as shown here. A single character can send a payment to a different institution, so copy it carefully.

Receiving money from abroad at RBC Royal Bank (Bahamas) Limited (Formerly Known AS Royal Bank of Canada Nassau)

If you expect a payment from another country, give the sender all details at once. That means: your full name as registered with RBC Royal Bank (Bahamas) Limited (Formerly Known AS Royal Bank of Canada Nassau), your account number or IBAN, the BIC ROYCBSNSXXX (or ROYCBSNS) and usually your postal address.

You can add RBC Royal Bank (Bahamas) Limited (Formerly Known AS Royal Bank of Canada Nassau) and its city as well. Check each detail before you share them.

Do not be surprised if the amount credited is smaller than what the sender paid. Intermediary banks may deduct a fee, and when currencies differ, an exchange rate margin comes on top. On invoices, you can state who bears the costs.

Scams that use SWIFT codes

Be wary if a contact unexpectedly wants you to send money to another account. That ROYCBSNS is a real code does not mean that the account is genuine – fraudsters use real bank codes as well.

Do not trust contact details from the same email that announces the new account. Urgency and secrecy tend to be red flags – a real supplier can wait a day. Already paid? Call the bank you paid from without delay and have them start a recall and report the fraud.

Recipients can be targeted as well: a classic trick is a buyer who pays too much and then sends a request to refund the difference. A screenshot of a transfer is no proof.

Paying someone abroad from your RBC Royal Bank (Bahamas) Limited (Formerly Known AS Royal Bank of Canada Nassau) account

The price of a payment abroad is made up of several parts, and the transfer fee is only the most visible one. Besides a fixed fee, correspondent or intermediary banks can deduct a fee, and when currencies are converted the bank often applies a rate below the real market rate.

The markup on the rate is often the largest item, and it is easy to miss. Check the rate you are offered against the mid-market rate. The difference is your real conversion cost.

Money transfer services frequently use rates closer to the mid-market rate. GoldexPay compares the amount that arrives across providers. Using a transfer service does not require closing your account at RBC Royal Bank (Bahamas) Limited (Formerly Known AS Royal Bank of Canada Nassau): you simply pay the service from your account.