SWIFT/BIC codes in Canada: banks starting with T

Canada: banks and their SWIFT/BIC codes

This overview contains 395 banks and financial institutions in Canada and 613 SWIFT/BIC codes between them. Each code points to a bank or one of its branches and tells other banks where an international payment should go.

Look for the recipient’s bank below and click through to see all codes we have and what else a transfer requires. The sections below covers the structure of the codes, the cost of transfers and how to avoid mistakes before you send money.

Paying in CAD: what conversion costs you

The currency in Canada is the Canadian Dollar (CAD). Money sent in a different currency will be converted into CAD on its way to the recipient – and the bank that does it picks the rate.

Who converts the payment makes a difference. Often you pay less to send CAD straight away via a provider that converts near the mid-market rate. With bigger transfers, even a small difference in the rate can be worth more than the fee.

Filter: banks in Canada with :letter

Here you see a filtered list: just institutions in Canada with a name starting with :letter. The totals on this page apply to every bank we list and not only this letter.

Cannot find the bank? Its official name may begin with another word – think of the full legal name instead of the brand. Try the full list for Canada when you are not sure how the name is spelled.

Check the code before you pay

The most reliable source for the BIC is the recipient’s own bank details – an invoice, a statement or a screenshot from online banking. A wrong code may lead to delays, a returned payment or extra fees, so compare it with the list on this page.

This list draws on publicly available sources that we update periodically. Even so, banks merge or change codes and our data may lag behind. Use our data as a starting point rather than the last word: the bank details from the recipient come first. GoldexPay is a comparison site for money transfers.

Fraudsters often use fake invoices with new bank details from what looks like a familiar address. A valid BIC says nothing about who owns the account – scammers use the codes of real banks.

Recognising a SWIFT code from Canada

Bank identifier codes use the same format worldwide: 8 characters plus an optional three-character extension. First comes four letters for the bank, followed by a two-letter country code and two characters for the location.

No matter which bank, every code from Canada have the same country code in positions five and six: the ISO code of the country. A code with other letters in that position come from another country.

If the last three are XXX, it refers to the head office and the short version works just as well. Use a branch code just when the recipient explicitly gives you one – otherwise stick with the head office.

What a sender needs to pay you in Canada

For an international payment into a Canada account, the sender needs not just the BIC. In practice that means: your name exactly as it appears on the account, your IBAN or account number, the SWIFT/BIC code of your bank and sometimes your address.

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

Expect that the amount credited is below the amount on the sender’s receipt. Charges on incoming payments vary from bank to bank; check the price list of your bank. On invoices, state how the fees are split, so nobody is left short.

Why a transfer to Canada needs a SWIFT code

To pay into Canada you usually need the BIC – Canada is not a SEPA country. Without the BIC, most banks will not send the transfer at all.

Depending on the country, accounts are identified by a domestic account number rather than an IBAN and sometimes a local routing or branch code. The receiving bank usually has a list of required details for incoming international payments, and it is worth following them to the letter. Before it arrives, a payment can go through intermediary banks that take a fee.

Ss and C Technologies Canada Corp and its SWIFT codes

Ss and C Technologies Canada Corp leads the list of Canada banks when it comes to SWIFT/BIC codes. Its main office uses FMCCCATMXXX and that code covers most payments.

A large number of codes usually means that the bank registers branches and departments separately – it says nothing about the size of the bank as such. Making a payment to Ss and C Technologies Canada Corp? Go with FMCCCATMXXX except when a specific branch code is requested.

The cheapest way to send money to Canada

If you send money to Canada with your bank, the stated fee is only part of what you pay. Besides the fee, intermediary banks can take a cut and, if currencies are converted, the bank usually uses a rate below the real market rate.

Most of the cost usually sits in the exchange rate: banks convert at a rate with a margin built in. A simple test: put the rate you get next to the mid-market rate and look at the difference.

For a lot of routes, a specialist provider is cheaper than a traditional bank transfer, mainly because of the rate. GoldexPay compares these providers next to each other so you can see the amount that reaches the recipient for the same amount sent.

How long does a transfer to Canada take?

How quickly a payment arrives in Canada is determined by several factors: the currency, the number of banks in between, cut-off times and time zones. Payments made after the cut-off time or on weekends and holidays often go out the next business day.

If the money is delayed, the sender should contact their own bank and ask for the status or the UETR – the receiving bank often cannot see a payment that has not arrived. Specialist transfer services usually show tracking in their app.