Lombard Odier Transatlantic Limited SWIFT/BIC code

SWIFT/BIC code of Lombard Odier Transatlantic Limited

TRACCAMM and TRACCAMMXXX are the short and the long form of the same bank identifier, and both lead to Lombard Odier Transatlantic Limited in Montreal. Every bank on the SWIFT network uses BIC codes to direct international transfers to the correct institution. In daily life you usually come across the code on international invoices, in payment forms and on the account details of Lombard Odier Transatlantic Limited customers.

On this page we explain what the code means, when you need it and what else you need for a transfer to or from Lombard Odier Transatlantic Limited. The BIC names an institution, never a specific account.

Sending CAD to Lombard Odier Transatlantic Limited

Accounts at Lombard Odier Transatlantic Limited are typically held in CAD, the national currency of Canada. If you send another currency has to be converted somewhere along the way: by your bank, an intermediary or Lombard Odier Transatlantic Limited itself. Each conversion eats into the amount – usually through the rate rather than a fee.

Who converts the money makes a difference, because each party uses its own rate. Transferring the amount already in CAD often prevents a second conversion by Lombard Odier Transatlantic Limited.

The rate for CAD changes throughout the day. On larger amounts, a seemingly small gap in the rate can be worth more than the fee.

Paying someone abroad from your Lombard Odier Transatlantic Limited account

If you send money abroad via Lombard Odier Transatlantic Limited, the visible fee is only part of what you pay. Besides the transfer fee, banks in between may take a cut, and if the money changes currency, the bank usually uses a rate below the actual market rate.

Most of the cost usually sits in the exchange rate: many banks convert at a rate with a margin built in. Check their rate with the mid-market rate, the midpoint between buy and sell rates you see on financial sites; the gap is what conversion costs you.

Specialised transfer providers often offer a rate near the mid-market rate. GoldexPay lists these services side by side so you can see what actually arrives for the same amount sent. Using a transfer service does not mean closing your account at Lombard Odier Transatlantic Limited – you pay the provider from your own account.

Tracking a transfer to or from Lombard Odier Transatlantic Limited

There is no single answer: some arrive within a day. Payments made after the cut-off time or just before weekends and holidays often start the next business day. Extra checks on larger or unusual payments can also cause some delay, regardless of the details.

If a transfer seems delayed, ask your bank about the tracking status and the transaction reference. Specialist transfer services usually provide tracking in their app showing how far the money has got.

Only the sending bank can request a trace. As a recipient, it helps to check your statements to see a slightly lower amount, since fees may have been deducted.

Getting paid from abroad into a Lombard Odier Transatlantic Limited account

When you expect a payment from another country, give the sender everything they need in one go. Share your name as the bank knows it, the IBAN or account number, SWIFT code TRACCAMMXXX and your address.

It helps to include the bank name and Montreal as well, because some payment forms have separate fields for them. A typo in the IBAN is more trouble than you might think; copy them from your banking app rather than typing.

What lands in your account is often lower than the amount sent. Charges on incoming payments vary from bank to bank – the price list of Lombard Odier Transatlantic Limited tells you what applies. Agree with the sender who covers the fees before the money is sent.

What the XXX in TRACCAMMXXX means

Every SWIFT/BIC code starts with an 8-character core: a four-letter bank code, two letters for the country and a two-character location code. Together, these eight characters form TRACCAMM – the version you usually see online.

XXX at the end of TRACCAMMXXX is not a missing value or a mistake: it stands for the head office of Lombard Odier Transatlantic Limited. Some forms insist on 11 characters, and then you simply enter XXX behind TRACCAMM.

Type the code as one block, in upper case and without separators, exactly as shown here. Pasting the code is safer than typing it by hand.

Choosing between the 2 SWIFT codes of Lombard Odier Transatlantic Limited

With 2 codes, Lombard Odier Transatlantic Limited is one of the banks that register separate codes for parts of the organisation and departments. The head office code is TRACCAMMXXX.

Usually you do not need to look up a branch: payments addressed to TRACCAMMXXX reach Lombard Odier Transatlantic Limited correctly. When you receive a branch code, stick to it rather than swapping it for the head office code.

The safest approach is to take the code straight from the account holder’s invoice. Codes for branches are more likely to be retired than the head office code.

Where our SWIFT data comes from

This directory draws on public sources. Institutions reorganise, change names and change codes – a directory can be a step behind. The figures we show reflect our own data and not on information from Lombard Odier Transatlantic Limited itself.

For a payment of any size, check the BIC with Lombard Odier Transatlantic Limited or the recipient. GoldexPay is not affiliated with Lombard Odier Transatlantic Limited; we are a comparison site for money transfers. Spotted an error? Let us know via our contact form so we can correct it.

Changed bank details? Be careful

One of the most common tricks goes like this: an email arrives with a message claiming that a supplier has a new bank account. The fact that TRACCAMM exists is no guarantee that a request mentioning it is genuine.

Do not trust a phone number in the same message that contains the new account. Watch out for time pressure, unusual wording or a sender address that is slightly off. If money has already gone to the wrong account, call your bank right away – speed improves the chance of getting it back.

People receiving money can be targeted as well: one known trick is an overpayment and then sends a request to refund the difference abroad. A payment confirmation from the sender proves nothing.

How to check TRACCAMM before you pay

The most reliable source for a SWIFT code is the bank details provided by the recipient. When the code you were given differs from TRACCAMM or TRACCAMMXXX, do not guess.

A wrong SWIFT code may lead to delays, a returned payment or extra fees. Remember the IBAN: an error there can be more difficult to correct than a wrong code.

Most online banking apps validate the format of an IBAN and some suggest the matching BIC – that confirms the format, not the owner. If your bank offers it, a payee name check before sending adds an extra layer of safety. Sending a small amount first is worth it for large sums, even if it costs an extra fee.