Federation des Caisses Desjardins du Quebec SWIFT/BIC code

SWIFT/BIC code of Federation des Caisses Desjardins du Quebec

CCDQCAMM and CCDQCAMMXXX are the short and the long form of the same bank identifier, and both point to Federation des Caisses Desjardins du Quebec in Levis. A SWIFT code tells every bank in the chain which institution is meant to get the money, a bit like a postal address for banks. In daily life you usually come across it on invoices from abroad, in payment forms and on the account details of Federation des Caisses Desjardins du Quebec customers.

On this page you can read what the code means, when it matters and which other details you need for a transfer to or from Federation des Caisses Desjardins du Quebec. Remember that the BIC only identifies the bank, not the account: the IBAN or account number does that part.

Is CCDQCAMM still correct? How to check

The safest source for the BIC is the recipient’s own bank details. Check it with CCDQCAMM on this page; if they differ, ask before you pay.

If the code is wrong, the payment may be delayed, be returned or end up costing more. Remember the account number: an error there can be more difficult to correct than a wrong code.

Many banking apps validate the format of IBANs and some suggest the matching BIC. Some banks now compare the payee name against the account – do not ignore a mismatch warning. When you pay someone new, many people send a small amount first.

Choosing between the 2 SWIFT codes of Federation des Caisses Desjardins du Quebec

Our directory lists 2 SWIFT/BIC codes for Federation des Caisses Desjardins du Quebec in 2 cities. Next to the head office code CCDQCAMMXXX, you will find codes for individual branches and departments.

For most payments to a private or business account, the head office code CCDQCAMMXXX is the right choice. Branch codes are only needed if the account holder specifically asks for it, which is more common for corporate accounts and trade services.

The safest approach is to take the code directly from the recipient’s bank details. Codes for branches are more prone to be retired than the head office code when a bank merges or closes offices.

The Canadian Dollar and what conversion costs you

Accounts at Federation des Caisses Desjardins du Quebec are typically held in CAD, the national currency of Canada. Money sent in a different currency will be converted into CAD before it reaches the account, and whoever converts it chooses the rate. Each conversion eats into something – usually through the rate rather than a fee.

Who converts the payment matters: every bank has its own margin. Check how much CAD the recipient gets via different services before choosing one.

Exchange rates change during the day, and some providers let you lock in a rate. On larger amounts, even seemingly small difference in the rate adds up quickly.

About this information

This directory draws on public sources. It can happen that a code on this page is out of date. The number of codes on this page reflect our own data and not on information from Federation des Caisses Desjardins du Quebec itself.

See our directory on this page as a handy check and rely on the recipient or Federation des Caisses Desjardins du Quebec for the final confirmation. GoldexPay is an independent comparison service for money transfers and not part of Federation des Caisses Desjardins du Quebec. Should you notice a mistake, we welcome a message.

What to give a sender who pays you at Federation des Caisses Desjardins du Quebec

For an international payment at Federation des Caisses Desjardins du Quebec, the sender needs not just the BIC. The basics are: your name, IBAN or account number, CCDQCAMMXXX or CCDQCAMM and in many cases your postal address.

The sender’s bank might request the bank address of Federation des Caisses Desjardins du Quebec; the head office in Levis is usually fine. A mistake in your account number can be harder to fix than you might think, so copy the details from your online banking.

Money from abroad does not always arrive in full. Correspondent banks can take a fee and your own bank may charge for processing, and when currencies differ, an exchange rate margin comes on top. For business payments, you can state how the fees are split to avoid a shortfall.

Sending money abroad from Federation des Caisses Desjardins du Quebec

When you send money abroad from Federation des Caisses Desjardins du Quebec, the visible fee is only part of the cost. There is the fee for the transfer itself, possibly fees charged by intermediary banks along the way and, above all, the exchange rate markup if the currency changes.

The real cost is often in the rate: the bank converts using an exchange rate with a margin built in. An easy check: set the bank’s rate next to the mid-market rate and look at the difference.

For many currency pairs, a specialist provider turns out to be less expensive than a traditional bank transfer – mostly thanks to the rate. GoldexPay lists these services side by side, showing the amount the recipient gets before you commit. You can always use your account at Federation des Caisses Desjardins du Quebec as the source of the money, while a cheaper service handles the conversion.

Watch out for payment fraud

Be alert when a contact suddenly asks you to send money to a different account. A correct SWIFT code tells you nothing about whether the request is genuine – scammers simply use real codes.

Always confirm a change of bank details through a phone call, using a number you already had. Watch out for time pressure, odd spelling or a sender address that is slightly off. If money has already gone to a fraudster, call your bank right away – speed improves the chance of getting it back.

Recipients can be targeted as well: one known trick is an overpayment followed by a request to send back the difference abroad. A screenshot of a transfer proves nothing – check your own account.

CCDQCAMM or CCDQCAMMXXX – which one to use?

The layout of every SWIFT code never changes: four characters for the institution, two for the country and a two-character location code. Together, these eight characters make up CCDQCAMM.

The 11-character version adds a three-character extension that identify a branch or department. When those three characters are XXX, they simply mean the head office, which is why CCDQCAMMXXX and CCDQCAMM lead to the same place.

Leave out spaces, dots when you type CCDQCAMM. Copying the code is safer than retyping it, because one wrong letter changes the bank.

Tracking a transfer to or from Federation des Caisses Desjardins du Quebec

A SWIFT payment usually needs anywhere from one to several business days, depending on the currency, the route and the banks involved. Transfers sent late in the day or on a weekend or public holiday often start a business day later. Occasionally a bank asks about the purpose of a payment, which can hold things up.

A growing number of banks are connected to SWIFT gpi for faster and traceable payments. Every payment carries a unique reference, the UETR, which your bank can use to see where the money is. Keep your transfer receipt; it contains the details a bank needs to start a trace.

The bank that sent the money can start an official trace or a recall – the recipient’s bank often cannot see a payment that has not arrived. As a recipient, you can check your statements for a slightly lower amount, since fees may have been deducted.