Banco Santander (Brasil) S.A. SWIFT/BIC code

Banco Santander (Brasil) S.A. SWIFT code: BSCHBRSP

The short code BSCHBRSP and the 11-character code BSCHBRSPXXX refer to one and the same institution: Banco Santander (Brasil) S.A.. Banks worldwide use BIC codes to direct international transfers to the correct bank. In practice you usually see the code on invoices from abroad, in payment forms and on the account details of Banco Santander (Brasil) S.A. customers.

On this page we explain how the code is put together, when it matters and what else you need for a transfer to or from Banco Santander (Brasil) S.A.. The SWIFT code on its own does not identify a personal account; for that you need the IBAN or account number is for.

Transfer times and tracking a payment to Banco Santander (Brasil) S.A.

An international transfer typically needs one to a few business days. Bank holidays in the sending or receiving country can add a day or more, since banks do not process on those days. Compliance checks by one of the banks can also add a delay.

When a payment takes longer than expected, ask your bank for the tracking status. Money transfer services often provide tracking online showing how far the money is.

If the money does not arrive within the expected time, the person who paid needs to contact their own bank rather than Banco Santander (Brasil) S.A.. Request from the sender a copy of the payment confirmation with the date and reference.

Banco Santander (Brasil) S.A.: head office code versus branch codes

Banco Santander (Brasil) S.A. has 6 separate SWIFT/BIC codes. One of them is the head office code, BSCHBRSPXXX; the others identify branches or departments.

Usually you do not need to look up a branch: transfers addressed to BSCHBRSPXXX reach Banco Santander (Brasil) S.A. correctly. Only use a branch code when your contact explicitly asks for it.

The safest approach is to copy the code straight from the account holder’s statement. Codes for branches are more prone to be retired than BSCHBRSPXXX.

About this information

The details here are taken from publicly available data which we refresh regularly. It is possible that information here is out of date after a merger or reorganisation. The figures we show reflect our own data and not on information from Banco Santander (Brasil) S.A. itself.

Treat our directory on this page as a handy check and rely on the recipient or Banco Santander (Brasil) S.A. for the final confirmation. GoldexPay is independent of Banco Santander (Brasil) S.A.. Spotted outdated information? Let us know via our contact form so we can correct it.

Receiving money from abroad at Banco Santander (Brasil) S.A.

If you expect a payment from another country, give the sender everything they need in one go. Give them your name as the bank knows it, your account number or IBAN, the BIC BSCHBRSPXXX and your address, which some banks require.

Certain sending banks also ask for the address of Banco Santander (Brasil) S.A.; it does no harm to include it. Check each detail before you share them, because the sender’s bank usually copies them as is.

An incoming payment will not always land in full. Charges on incoming payments differ from bank to bank; check the price list of Banco Santander (Brasil) S.A.. For business payments, it is common to state how the fees are split to avoid a shortfall.

Scams that use SWIFT codes

Stay alert if someone unexpectedly wants you to send money to a different account or a bank in another country. That BSCHBRSP is a real code is no guarantee that a request mentioning it is genuine – fraudsters use real bank codes as well.

Before paying, confirm a change of bank details through a phone call. Pressure and secrecy tend to be red flags – a real supplier can wait a day. When a payment has already gone to a fraudster, call your bank right away – speed improves the chance of getting it back.

People receiving money are targeted too: a classic trick is a buyer who pays too much and then sends a request to send back the difference abroad. A payment confirmation from the sender proves nothing – check your own account.

Is BSCHBRSP still correct? How to check

Have the recipient copy their bank details directly from their banking app. If the code you have does not match BSCHBRSP or BSCHBRSPXXX, do not guess – contact the recipient or Banco Santander (Brasil) S.A..

An incorrect BIC may lead to delays, a returned payment or extra fees. A mistake in the account number is a bigger problem.

A format check in your banking app merely tells you that the code is valid, not that it is the right account. Where available, a name check on the recipient gives extra certainty. A small test payment is a sensible step for a large first payment.

Why Banco Santander (Brasil) S.A. has an 8- and an 11-character code

A SWIFT code is built from fixed blocks: characters one to four identify the bank, characters five and six give the country and characters seven and eight indicate the location. Together, those parts form BSCHBRSP, the code most people search for.

XXX at the end of BSCHBRSPXXX does not stand for a placeholder or a mistake: it indicates the main office of Banco Santander (Brasil) S.A.. Some forms ask for 11 characters, and then you can enter XXX after BSCHBRSP.

As a rule the code is written in capitals, without spaces or dashes. A wrong character may route a payment to another bank.

What a transfer from Banco Santander (Brasil) S.A. abroad really costs

When you transfer money to another country from Banco Santander (Brasil) S.A., the fee you see is only part of the cost. There is the transfer fee, possibly fees charged by intermediary banks in between and, most importantly, the margin on the exchange rate if the currency changes.

Many banks rarely show their exchange rate markup separately, but you pay it all the same. A simple test: set the rate you get next to the mid-market rate for the same moment and look at the difference.

Money transfer services frequently use rates closer to the mid-market rate and lower fees. GoldexPay compares the amount that arrives with different services. You can still use your account at Banco Santander (Brasil) S.A. to fund the transfer.

Brazilian Real (BRL) and conversion costs

The currency in Brazil is the Brazilian Real (BRL). Money sent in a different currency is converted into BRL before it reaches the account. You rarely see a separate line for that conversion; it is built into the rate.

Who does the conversion affects how much arrives, since every bank sets its own rate. Sending the amount directly in BRL often avoids a second conversion by Banco Santander (Brasil) S.A..

Rates for BRL move all the time – some services let you fix a rate in advance. If you pay regularly, a slightly better rate add up over a year.