SWIFT/BIC codes in Canada: banks starting with E

Canada: banks and their SWIFT/BIC codes

This directory covers 395 banks and financial institutions in Canada. Every code identifies a bank or a specific branch or department and tells other banks where an international payment should go.

Look for the recipient’s bank below and click through to see the full list of codes and the details a transfer needs. The sections below covers the structure of the codes, the cost of transfers and how to avoid mistakes before you send money.

Which bank in Canada has the most codes?

Ss and C Technologies Canada Corp tops the list for Canada in SWIFT/BIC codes. Its head office code is FMCCCATMXXX.

The number of codes tells you something about how it registers branches and services than about its size. Making a payment to Ss and C Technologies Canada Corp? Use FMCCCATMXXX unless a specific branch code is requested.

SWIFT transfers to Canada

Because Canada is outside SEPA, a transfer from abroad normally goes through SWIFT. That means the payment always needs the BIC of the recipient’s bank, together with the account number or IBAN.

Not all countries use the IBAN – where there is none, the local account number is enough. The receiving bank often provides instructions for payments from abroad – follow them exactly. Before it arrives, a payment may pass through intermediary banks that charge for their part.

Sending money to Canada for less

If you transfer money to Canada with your bank, the stated fee is only part of the cost. There is the transfer fee, sometimes charges from intermediary banks along the way and, above all, the margin on the exchange rate if the money is converted.

The markup on the rate tends to be the biggest part of the cost, even though it is not listed as a fee. An easy check: put the rate you get against the mid-market rate and work out the difference on your amount.

Specialist money transfer services often use rates closer to the mid-market rate with clearer fees. On GoldexPay we compare what recipients in Canada receive across providers, so you can pick the cheapest route.

Verifying a SWIFT code from Canada

Ask the recipient to send you their bank details directly from their banking app. An incorrect BIC can cause a delay, a returned payment or extra fees, so compare it with the list on this page.

We gather bank codes using publicly available data and check them regularly. Institutions reorganise, close branches and change codes – a directory can be a step behind. For any payment of any size, check the BIC with the recipient. GoldexPay is an independent comparison site and is not affiliated with the banks listed.

Scammers regularly send fake invoices carrying changed bank details that look completely genuine. Before paying, confirm a change of bank details by phone.

SWIFT codes in Canada: banks under :letter

Here you see a selection: just banks in Canada with a name starting with :letter. The totals mentioned above always refer to all banks in Canada.

If a bank does not appear under :letter, try another letter – the registered name can differ from the name people use. Use the full list for Canada when you are not sure the exact name.

Getting paid from abroad into an account in Canada

A sender in another country needs several details about your account, and missing ones are a common cause of delays. Share the account holder’s name, the IBAN or account number, your bank’s SWIFT code and your address, which some banks require.

The code of your bank appears in the list on this page, yet the version on your own statement or in your banking app is leading. You can add the name and city of your bank as well, since some payment forms ask for it.

Expect that the amount credited is smaller than the amount on the sender’s receipt. Correspondent banks can take a fee and your own bank may charge for processing, and if the money is converted, a markup on the rate comes on top. For business payments, agree who bears the costs, so nobody is left short.

Tracking a payment to Canada

A SWIFT payment to Canada usually takes one to a few business days, depending on the currency, the route and the banks involved. Transfers sent late in the day or just before weekends and holidays often start the next business day.

When a payment takes longer than expected, ask the sender to contact the sending bank. Keep the payment confirmation until the recipient confirms – you will need it if something goes wrong.

Sending CAD to Canada

The national 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.

Who converts the payment matters: every bank has its own margin. Compare how much CAD arrives via different providers; the difference between options can be larger than you expect. Rates for CAD move during the day – some providers let you lock in a rate.

What the letters in a Canada BIC mean

A SWIFT code is either 8 or 11 characters long. The first four letters identify the bank, the fifth and sixth characters form the country code and the next two mark the location.

For banks in Canada, letters five and six show the ISO country code of Canada. When the country letters do not match Canada, you are looking at a bank in another country, so check again.

If the last three are XXX, it refers to the head office, and the 8-character version leads to the same place. Choose a branch code only if the recipient’s bank asks for it – otherwise stick with the head office.