SWIFT/BIC codes in Canada: banks starting with D

Finding a SWIFT code in Canada

Here you will find the SWIFT/BIC codes of 395 institutions in Canada. Every code points to an institution or a specific branch or department.

Look for the bank you need in the list and open its page for all codes we have and the details a transfer needs. The sections below explain the structure of the codes, what transfers cost and how to avoid mistakes before you send money.

How long does a transfer to Canada take?

A SWIFT payment to Canada typically needs anywhere from one to several business days. Public holidays in Canada or in the sending country can add extra days, because banks do not process payments on those days.

Many banks are connected to SWIFT gpi, which lets them follow a payment from bank to bank. Each payment gets a unique reference, the UETR. Specialist transfer services usually show tracking in their app.

Why a transfer to Canada needs a SWIFT code

For Canada you usually need the BIC. Without the BIC, most banks cannot send the transfer.

Depending on the country, the account is identified by a local account number instead of an IBAN. The recipient’s bank usually provides a list of required details for incoming international payments – follow them exactly. International transfers can pass through correspondent banks and fees can be taken along the way.

Sending CAD to Canada

The currency of Canada is the Canadian Dollar (CAD). When you pay money in a different currency, it has to be converted somewhere along the way – by your bank, a bank in between or the recipient’s bank.

Who converts the money matters, because each party uses its own rate. Compare what CAD arrives with several providers; the difference between options can be larger than you expect. Exchange rates change during the day.

Recognising a SWIFT code from Canada

Every SWIFT/BIC code consists of eight or eleven characters in a fixed order. It starts with a four-letter bank code, then a two-letter country code and a two-character location code.

In every code from Canada, letters five and six are the ISO country code of Canada – that is the quickest way to spot one. If those two letters point to another country, you are looking at a bank in another country.

An 11-character code ends in three characters for a branch, where XXX means the head office. For most transfers the head office code is what you need, unless the recipient gives you a branch code.

Getting paid from abroad into an account in Canada

When you expect money from abroad on an account in Canada, send the payer a complete set of details. Share your name as registered with the bank, the IBAN or account number, your bank’s SWIFT code and your address.

Look up your bank in the list above to check its code. It helps to include the name and city of your bank as well.

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, a markup on the rate applies. For business payments, state how the fees are split.

Which bank in Canada has the most codes?

Of all banks in Canada, Ss and C Technologies Canada Corp has the most codes. The head office uses FMCCCATMXXX – the code most transfers need.

Practice differs in whether they register branch codes. If not a branch code is given, FMCCCATMXXX is fine for transfers to this bank.

Banks in Canada starting with :letter

This filter narrows the list to banks in Canada starting with :letter to make searching quicker. The totals mentioned here cover every bank we list, not just the ones under :letter.

Bank not listed? The registered name might start with a different letter, for example the full legal name rather than a brand name. Try the full list for Canada if you do not know how the name is spelled.

Sending money to Canada for less

What you pay for a payment to Canada has several parts, and the fee on your screen is only one of them. There is the transfer fee, sometimes charges from intermediary banks along the way and, above all, the exchange rate markup if the money is converted.

The real cost is often in the rate, not in the fee: banks convert at a rate with a margin built in. An easy check: put the offered rate against the mid-market rate and work out the difference on your amount.

For many routes, a transfer service turns out to be cheaper than a traditional bank transfer, mainly because of the rate. Before your next transfer to Canada, take a minute comparing the total cost via GoldexPay instead of going straight to your bank.

How reliable is this list?

The most reliable source for a SWIFT code is the bank details provided by the recipient. A wrong code may lead to a delay, a payment being sent back or additional charges – compare it with the code in our list.

We collect SWIFT/BIC codes from public sources and update our list regularly. Banks merge, close branches and retire codes. Treat this list as a reference. GoldexPay is not a bank and has no link to the banks in this list.

Fraudsters regularly send fake invoices carrying new bank details that look completely genuine. Always verify a change of bank details by phone, using a number you already had.