Itau Unibanco S/A (Successor of Banco Itau Bba S.A.) SWIFT/BIC code

SWIFT/BIC code of Itau Unibanco S/A (Successor of Banco Itau Bba S.A.)

The short code CBBABRSP and the full code CBBABRSPXXX refer to one and the same institution: Itau Unibanco S/A (Successor of Banco Itau Bba S.A.) in Sao Paulo, Brazil. Every bank on the SWIFT network uses BIC codes to direct international transfers to the right bank. You will need it mainly when dealing with transfers between countries or a currency.

Further down you will find the practical side: money coming in from abroad, paying someone in another country and how to check the code before you hit send. The SWIFT code on its own does not identify a personal account; that is what the IBAN or account number .

8 or 11 characters: CBBABRSP versus CBBABRSPXXX

A SWIFT code is built from a few fixed parts: the first four letters stand for the bank, characters five and six show the country and characters seven and eight mark the location. For Itau Unibanco S/A (Successor of Banco Itau Bba S.A.), that core is CBBABRSP.

Most banks and apps work with either length. If yours requires eleven characters, use CBBABRSPXXX; if it wants eight, use CBBABRSP.

Type the code as one block, in upper case and without spaces. Watch for O versus 0 or I versus 1; they are easy to mix up.

International transfers from Itau Unibanco S/A (Successor of Banco Itau Bba S.A.): the real cost

The price of an international transfer has several parts – not just the fee on your screen. You pay the fee for the transfer itself, sometimes charges from correspondent banks in between and, most importantly, the margin on the exchange rate.

Banks do not list the margin on the rate separately – you only notice it if you compare. A simple test: set the bank’s rate next to the mid-market rate and work out the difference on your amount.

Money transfer services frequently use a rate near the mid-market rate and lower fees. GoldexPay compares the amount that arrives across providers. Choosing a specialist does not require leaving Itau Unibanco S/A (Successor of Banco Itau Bba S.A.).

Tracking a transfer to or from Itau Unibanco S/A (Successor of Banco Itau Bba S.A.)

How fast a transfer arrives at Itau Unibanco S/A (Successor of Banco Itau Bba S.A.) is determined by several factors: which currency you send, how many intermediary banks are involved, cut-off times and differences in time zone. Transfers sent after the cut-off time or on weekends and holidays usually start the next business day. Compliance checks by one of the banks can also add a delay.

If the money is late, contact the sending bank about the status. Money transfer services often show a status online showing how far the money is.

Only the sending bank is able to request a trace. Ask the sender for the payment receipt – it helps your own bank look for the money.

Itau Unibanco S/A (Successor of Banco Itau Bba S.A.): head office code versus branch codes

Itau Unibanco S/A (Successor of Banco Itau Bba S.A.) has 5 different SWIFT/BIC codes across 5 cities. Only one is the head office code; the others belong to branches, and sometimes internal departments.

In most cases there is no need to pick a branch: payments addressed to CBBABRSPXXX reach Itau Unibanco S/A (Successor of Banco Itau Bba S.A.) without problems. A branch code only makes sense if the recipient’s bank specifically asks for it.

Not sure which code to use? Ask the recipient, or look at a recent statement from Itau Unibanco S/A (Successor of Banco Itau Bba S.A.). Codes for branches are more prone to be retired than the head office code when a bank merges or closes offices.

Where our SWIFT data comes from

The details here come from publicly available data that we update regularly. Even so, banks merge or change codes and our data may lag behind. The figures we show are based on our own data and not on information from Itau Unibanco S/A (Successor of Banco Itau Bba S.A.) itself.

See the information on this page as a helpful check, and let the details from the recipient or Itau Unibanco S/A (Successor of Banco Itau Bba S.A.) have the final say. GoldexPay is a comparison site and not affiliated with Itau Unibanco S/A (Successor of Banco Itau Bba S.A.). Should you notice something that is out of date, we welcome a message.

Receiving money from abroad at Itau Unibanco S/A (Successor of Banco Itau Bba S.A.)

To receive an international payment at Itau Unibanco S/A (Successor of Banco Itau Bba S.A.), the person paying you needs more than the BIC. In practice that means: your name as registered with Itau Unibanco S/A (Successor of Banco Itau Bba S.A.), your account number or IBAN, the SWIFT/BIC code CBBABRSPXXX and usually your address.

Certain banks also ask for the bank’s address in Sao Paulo. Check each detail before you send them, because the sender’s bank usually copies them as is.

Money from abroad will not always arrive for the full amount. Correspondent banks can take a fee, Itau Unibanco S/A (Successor of Banco Itau Bba S.A.) may charge for incoming payments, and if the currency changes, a markup on the rate comes on top. For business payments, you can agree how the fees are split.

Sending BRL to Itau Unibanco S/A (Successor of Banco Itau Bba S.A.)

Most accounts at Itau Unibanco S/A (Successor of Banco Itau Bba S.A.) are usually held in BRL, the national currency of Brazil. If you send money in a different currency, the amount has to be converted at some point: by your bank, an intermediary or Itau Unibanco S/A (Successor of Banco Itau Bba S.A.) itself. Every conversion costs the amount – usually through the rate rather than a fee.

Which bank converts the money makes a difference, because each party uses its own rate. In many cases it is cheaper to send BRL directly via a provider that converts near the mid-market rate rather than letting the receiving bank convert.

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

Watch out for payment fraud

Be alert if someone unexpectedly asks you to send money to another account. That CBBABRSP is a real code is no guarantee that the account is legitimate – fraudsters use real bank codes as well.

Do not rely on a phone number from the same email that announces the new account. Pressure or requests to keep it quiet tend to be red flags. Already paid? Call your bank straight away and ask them to start a recall.

People receiving money are targeted too: a classic trick is an overpayment followed by a request to refund the difference abroad. Do not act before the money has really arrived – ask Itau Unibanco S/A (Successor of Banco Itau Bba S.A.) if something looks wrong.

Is CBBABRSP still correct? How to check

The most reliable source for a SWIFT code is the bank details provided by the recipient – an invoice, a statement or a screenshot from online banking. If the code you have does not match CBBABRSP or CBBABRSPXXX, stop and ask – contact the recipient or Itau Unibanco S/A (Successor of Banco Itau Bba S.A.).

An incorrect BIC can cause delays, a returned payment or extra fees for investigation. 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.

Most online banking apps check the structure of an IBAN, but that does not prove the account belongs to the right person. If your bank offers it, a name check on the recipient gives an extra layer of safety. For a first payment, many people send a small amount first and wait for confirmation.