SWIFT/BIC codes in Canada: banks starting with P

Finding a SWIFT code in Canada

This directory covers 395 banks and other institutions in Canada, with 613 SWIFT/BIC codes in total. A BIC shows every bank in the chain exactly which bank should receive the money.

Look for the bank you need in the list and click through to see all codes we have and what else a transfer requires. Below the list you can read how codes from Canada are built, how to send money to Canada at a fair price and what to check before you pay.

Paying in CAD: what conversion costs you

Canada pays in the Canadian Dollar, code CAD. Money sent in a different currency will be exchanged into CAD.

Which bank converts the payment makes a difference: every bank has its own margin. Often it is cheaper if you send CAD straight away through a transfer service with a good rate so the receiving bank does not need to convert again. Rates for CAD move during the day.

Tracking a payment to Canada

There is no fixed answer for transfers to Canada: many arrive the same day or the next, others take several business days. Public holidays in either country can add extra days, because banks do not process payments on those days.

Many banks use SWIFT gpi, which lets them follow a payment from bank to bank. Each payment carries a unique transaction reference, the UETR that banks can use to see where the money is. Keep the payment confirmation until the money has arrived; a bank needs it to start a trace.

Receiving money in Canada from abroad

To receive an international payment in Canada, the sender needs more than the BIC. Give them your name as registered with the bank, your account number or IBAN, the BIC of your bank and your address, which some banks require.

Your bank’s code is in the list on this page but always compare it with your own bank details. It helps to add the name and city of your bank as well because some forms have separate fields for it.

Do not be surprised if the incoming amount is below what the sender paid. Fees for incoming transfers differ from bank to bank; check the price list of your bank. On invoices, agree how the fees are split.

What a transfer to Canada really costs

What you pay for a transfer to Canada has more than one component, and the fee on your screen is only one of them. There is a transfer fee, possibly charges from intermediary banks and, most importantly, the margin on the exchange rate when currencies differ.

That exchange rate margin is often the largest cost item because it is hidden in the rate. Check the rate you are offered against the mid-market rate. The difference is your real cost.

Specialist money transfer services frequently use a rate near the mid-market rate with clearer fees. GoldexPay lists transfer services next to each other, showing the amount that reaches the recipient for the same amount sent.

International payments to Canada and the BIC

Canada is not part of the SEPA area, so European euro rules do not apply. International transfers to Canada normally travel over the SWIFT network, and the BIC of the receiving bank is required.

Not every country uses the IBAN; in that case the local account number is used instead. The receiving bank often has instructions for payments from abroad, and it is worth following them to the letter. On the way to Canada, a payment may pass through correspondent banks.

The structure of a Canada SWIFT/BIC code

Every SWIFT/BIC code consists of eight or eleven characters, always in the same order. First comes four letters for the bank, followed by a two-letter country code and two characters for the location.

Whatever the bank, every code from Canada have the same fifth and sixth letters. When the country letters do not match Canada, the code belongs to a bank somewhere else, so check again.

An 11-character code ends in three characters for a branch, where XXX means the head office. Choose a branch code only when the recipient’s bank asks for it; otherwise the head office code is the safe choice.

Ss and C Technologies Canada Corp and its SWIFT codes

Ss and C Technologies Canada Corp tops our list of Canada banks when it comes to the number of SWIFT/BIC codes. The head office uses FMCCCATMXXX, which is the code to use when no branch is specified.

How many codes a bank has says more about how it registers branches and services than about how big it is. Unless a branch code is given, FMCCCATMXXX is fine for a payment to Ss and C Technologies Canada Corp.

Banks in Canada beginning with the letter :letter

This page only shows banks in Canada whose name starts with :letter. The totals on this page cover every bank we list.

Bank not listed? Its official name might begin with another word. Try the full list for Canada if you do not know the exact name.

Check the code before you pay

Have the recipient send you their bank details directly from their banking app. An incorrect BIC may lead to delays, a returned payment or extra fees.

We collect SWIFT/BIC codes from publicly available data and update our list regularly. Banks reorganise, change names and change codes – a directory can be a step behind. Use our data as a starting point. GoldexPay is not a bank and is not affiliated with the banks listed.

Be wary of invoices containing changed bank details – a common fraud method. Always confirm a change of bank details by phone, using a number you already had.