First Commercial Bank SWIFT/BIC code

SWIFT/BIC code of First Commercial Bank

Whether you are given FCBKCA8V or FCBKCA8VXXX, it is the same address for First Commercial Bank in Canada. Banks worldwide use BIC codes to direct international transfers to the right institution. It comes up mostly when dealing with payments that cross a border.

Further down we go through the practical side: money coming in from abroad, sending money abroad and how to verify a SWIFT code before you hit send. Keep in mind that the BIC just identifies the bank, not the person: the IBAN or account number takes care of that.

Before you send: check the First Commercial Bank code

The most reliable place for the right code is a document from the bank itself like a bank statement or the account page in online banking. If the code you have does not match FCBKCA8V or FCBKCA8VXXX, stop and ask.

An incorrect BIC can cause a delay, a returned payment or extra fees. An error in the IBAN or account number is a bigger problem; check it just as carefully.

An automatic check in your banking app merely tells you that the code exists – not that it belongs to the person you mean to pay. Where available, a payee name check on the recipient gives extra certainty. For a first payment, many people start with a small amount first and wait for confirmation.

Choosing between the 2 SWIFT codes of First Commercial Bank

Our database contains 2 SWIFT/BIC codes for First Commercial Bank. Next to the head office code FCBKCA8VXXX, you will find codes for individual branches and departments.

For most payments to a private or business account, the head office code FCBKCA8VXXX is what you need. A branch code only makes sense if the account holder specifically mentions it.

The safest route is to copy the code directly from the account holder’s invoice. Branch codes can change when banks reorganise.

Receiving money from abroad at First Commercial Bank

For an international payment into your account at First Commercial Bank, the sender needs not just the SWIFT code. That means: your name exactly as it appears on the account, your account number or IBAN, the SWIFT/BIC code FCBKCA8VXXX (or FCBKCA8V) and, often, your postal address.

You can add the bank name and Richmond too. A mistake in the IBAN can be harder to fix than it looks.

An incoming payment does not always arrive for the full amount. Correspondent banks can take a fee, First Commercial Bank may charge for incoming payments, and if the currency changes, a markup on the rate comes on top. Make clear with the sender who pays which costs, especially for larger amounts.

What the XXX in FCBKCA8VXXX means

Every SWIFT/BIC code has an 8-character core: four letters for the bank, two letters for the country and a two-character location code. Together, these eight characters form FCBKCA8V, the code most people search for.

XXX at the end of FCBKCA8VXXX is not a missing value or a mistake: it stands for the main office of First Commercial Bank. Some banking apps ask for 11 characters, in which case you can add XXX behind FCBKCA8V.

Type the code in one piece, in capitals and without spaces. Copying the code is safer than retyping it: a typo can point to another bank.

Where our SWIFT data comes from

We gather bank codes using public sources and check them regularly. Still, banks merge or retire codes. The figures we show are based on what is in our directory, not official figures from First Commercial Bank.

Treat the information here as a handy check and rely on the recipient or First Commercial Bank for the final confirmation. We are an independent comparison service for money transfers and not part of First Commercial Bank. If you notice a mistake, we appreciate a message via the contact page.

Sending CAD to First Commercial Bank

Canada uses the Canadian Dollar, code CAD. A payment in a foreign currency will be exchanged into CAD before it reaches the account, and whoever converts it chooses the rate. Every conversion costs something – usually through the rate rather than a fee.

Who converts the money matters. Check how much CAD arrives with different services before choosing one.

Exchange rates move during the day, and some providers let you lock in a rate. With bigger transfers, even seemingly small gap in the rate can be worth more than the fee.

Watch out for payment fraud

A common scam goes like this: an email arrives with a message saying that a supplier has a new bank account and that the next payment should go there. That FCBKCA8V is a real code does not mean that a request mentioning it is legitimate.

Check new bank details through a separate channel, not by replying to the message. Watch out for time pressure, unusual wording or a sender address that is slightly off. When a payment has already gone to a fraudster, call your bank right away: the sooner they act, the better the chance of a recall.

Scams also work the other way. Someone sends too much and asks you to return the difference via a different route. A payment confirmation from the sender proves nothing.

Transfer times and tracking a payment to First Commercial Bank

How quickly a transfer arrives at First Commercial Bank is determined by a few things: the currency, how many intermediary banks are involved, daily processing deadlines and time zones. Transfers sent after the cut-off time or just before a weekend or public holiday usually start a business day later. Extra checks by one of the banks may also add some delay, regardless of the details.

A growing number of banks are connected to SWIFT gpi, which lets them follow a payment from bank to bank. Every payment carries a unique reference, the UETR, which your bank can use to see where the money is. Money transfer services often show a status online so you can see how far the payment has got.

A missing payment has to be traced from the sending side. On the receiving end, you can check your account to see a slightly lower amount.

Paying someone abroad from your First Commercial Bank account

If you transfer money abroad via First Commercial Bank, the visible fee is only part of what you pay. 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.

Most of the cost usually sits in the exchange rate, rather than in the fee: many banks convert using an exchange rate that includes a margin. 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 is less expensive than a bank, mainly because of the exchange rate. Next time you send money, take a minute comparing the total cost via GoldexPay. Choosing a specialist does not require leaving First Commercial Bank: you simply pay the service from your account.