SWIFT/BIC codes in Dominica

Finding a SWIFT code in Dominica

This overview covers 13 banks and financial institutions in Dominica and 13 SWIFT/BIC codes between them. A SWIFT code tells the banks handling a transfer which institution is meant to get the money.

Select the bank from the list to view the head office code and its other codes, plus practical notes for sending and receiving money. Below the list you can read how codes from Dominica are built, how to send money to Dominica at a fair price and what to check before you pay.

Paying a bank in Dominica from abroad

Dominica is outside the SEPA area. International transfers to Dominica normally travel through the SWIFT network.

Depending on the country, the account is identified by a local account number rather than an IBAN. Check with the recipient exactly which details their bank requires for payments from abroad. SWIFT payments sometimes go via one or more intermediary banks.

Transfer times to Dominica

How fast a payment reaches Dominica is determined by several factors: the currency, how many intermediary banks are involved, daily processing deadlines and time zones. Payments made after the cut-off time or just before a weekend or public holiday usually go out a business day later.

If a transfer is delayed, ask the sender to contact their own bank and ask for the status or the UETR – the receiving bank often cannot see a payment that has not arrived. Keep your transfer receipt.

Sending money to Dominica for less

A bank transfer to Dominica can cost more than you think. Besides a fixed fee, intermediary banks may take a cut and, if currencies are converted, the bank often uses a less favourable rate than the real market rate.

The markup on the rate tends to be the biggest cost item, even though it is not listed as a fee. Compare the bank’s rate against the mid-market rate; the gap is what conversion costs you.

For a lot of routes, a specialist provider turns out to be cheaper than a traditional bank transfer. GoldexPay compares these providers side by side so you can see the amount that reaches the recipient.

What a sender needs to pay you in Dominica

A sender in another country needs several details about your account – incomplete details often cause delays. That means: your full name as your bank knows it, your account number or IBAN, the BIC of your bank and sometimes your address.

The code of your bank is in our list. It helps to include your bank’s name and city as well.

Expect that the incoming amount is smaller than the amount on the sender’s receipt. Correspondent banks can take a fee, your bank may charge for incoming payments, and if the money is converted, an exchange rate margin applies. Agree with the sender who pays which costs before the money is sent.

About our data and how to check a code

The best place to find the right code is paperwork issued by the bank, such as a statement or the account page in online banking. A wrong code may lead to a delay, a returned payment or additional charges, so compare it with the list on this page.

We collect SWIFT/BIC codes from public sources and check them from time to time. Institutions reorganise, close branches and change codes, and no directory catches every change immediately. For any payment that matters, confirm the code with the recipient. GoldexPay is an independent comparison site for money transfers.

Scammers regularly send payment requests carrying changed bank details that look completely genuine. A real SWIFT code tells you nothing about whether a request is genuine: criminals use real codes too.

Arton Bank Corporation and its SWIFT codes

Of all banks in Dominica, Arton Bank Corporation is listed with the most SWIFT codes. Its main office uses ARTNDMDMXXX and that code covers most payments.

Banks differ in whether they register branch codes. Paying someone at Arton Bank Corporation? Go with ARTNDMDMXXX except when the recipient gives you a branch code.

The structure of a Dominica SWIFT/BIC code

SWIFT/BIC codes use one international format: 8 characters plus an optional three-character extension. It starts with four letters for the bank, then two letters for the country and two characters for the location.

For banks in Dominica, characters five and six show the ISO country code of Dominica – that is the quickest way to spot one. If those two letters point to another country, the code belongs to a bank in another country.

The optional last three characters stand for a specific branch; XXX is used for the head office. For most transfers the head office code is what you need unless the recipient asks for a specific branch.