Banco Atlantico de Ahorro y Credito, S.A. SWIFT/BIC code

Banco Atlantico de Ahorro y Credito, S.A. SWIFT code: BAACDOS1

If an invoice shows BAACDOS1 or BAACDOS1XXX, you are looking at the same identifier for Banco Atlantico de Ahorro y Credito, S.A. in Dominican Republic. A SWIFT code shows the sending bank exactly which bank should receive the money. It comes up mainly when dealing with payments that cross a border or a currency.

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. The BIC identifies an institution, never a single account, which is why you always need the account number too.

How long does an international transfer to Banco Atlantico de Ahorro y Credito, S.A. take?

A SWIFT payment typically needs anywhere from one to several business days – it depends on currency, route and the banks in between. Weekends and public holidays in either country add extra days, since banks do not process on those days. Compliance checks on larger or unusual payments can also cause a delay, even when all details are correct.

When a payment takes longer than expected, contact your bank about the tracking status or the UETR so they can trace it along the chain. Specialist transfer services usually show tracking in their app showing where the payment has got.

If a payment has not arrived within the expected time, the sender needs to contact the bank that sent it, not the receiving bank. As a recipient, it helps to look at your statements for a partial amount.

Receiving money from abroad at Banco Atlantico de Ahorro y Credito, S.A.

If you expect money from abroad, send the payer everything they need in one go. In practice that means: your name as registered with Banco Atlantico de Ahorro y Credito, S.A., your IBAN or account number, the BIC BAACDOS1XXX and, often, your address.

Some banks also ask for the name and address of Banco Atlantico de Ahorro y Credito, S.A., so keep it at hand. Double-check every detail before you send them.

The amount you receive can be less than the amount sent. Intermediary banks may deduct a fee and your own bank may charge for processing, and if the currency changes, a markup on the rate applies. Agree with the sender who covers the fees before the money is sent.

8 or 11 characters: BAACDOS1 versus BAACDOS1XXX

A SWIFT code is built from fixed blocks: characters one to four identify the bank, characters five and six give the country and characters seven and eight mark the location. The result is BAACDOS1.

The 11-character version adds three more characters that identify a branch or department. If the last three are XXX, they simply mean the head office, so BAACDOS1XXX and BAACDOS1 are interchangeable.

Type the code in one piece, in upper case and without spaces, exactly as shown here. Pasting the code beats retyping it.

Changed bank details? Be careful

Stay wary if a contact suddenly asks you to pay into another account or a bank in another country. A correct SWIFT code tells you nothing about who owns the account: scammers use real codes of real banks.

Always confirm changed bank details by phone. Urgency or requests to keep it quiet are red flags. If a payment was sent to a fraudster, call your bank right away: the sooner they act, the better the chance of a recall.

Scams can also target the receiver. Someone sends too much and wants you to refund the difference. A payment confirmation from the sender is no proof.

Sending money abroad from Banco Atlantico de Ahorro y Credito, S.A.

An international bank payment costs rather more than the listed fee. On top of the transfer fee, correspondent or intermediary banks may take a cut, and if currencies are converted, the bank often applies a rate below the real market rate.

Banks rarely show the margin on the rate separately, but you pay it all the same. Compare their rate with the mid-market rate, the midpoint between buy and sell rates you see on financial sites. The difference is your real conversion cost.

Specialist money transfer services often offer a rate near the mid-market rate and lower fees. Next time you send money, take a minute to compare the total cost on GoldexPay. Using a transfer service does not require closing your account at Banco Atlantico de Ahorro y Credito, S.A.: you simply pay the service from your account.

Choosing between the 2 SWIFT codes of Banco Atlantico de Ahorro y Credito, S.A.

Our directory lists 2 SWIFT/BIC codes for Banco Atlantico de Ahorro y Credito, S.A.. Besides the head office code BAACDOS1XXX, there are codes for individual branches and departments.

For the vast majority of payments to a private or business account, the head office code BAACDOS1XXX is what you need. Just use a branch code when the account holder gives you that exact code, for example on an invoice or in their bank details.

If you are not sure, ask the person you are paying for the exact BIC in their bank details. Codes for branches are more likely to change than BAACDOS1XXX.

Before you send: check the Banco Atlantico de Ahorro y Credito, S.A. code

The most reliable place for the right code is a document from the bank itself. When the code you were given does not match BAACDOS1 or BAACDOS1XXX, stop and ask: check with the recipient or with Banco Atlantico de Ahorro y Credito, S.A. directly.

If the code is wrong, the payment might get stuck, bounce back or cost extra – sometimes after weeks of searching. Remember the IBAN: a mistake there is more difficult to undo than a wrong BIC.

An automatic check by your bank only tells you that the IBAN exists, not that it is the right account. More and more banks check the name against the account before you confirm. When you pay someone new, many people start with a small amount first.

About this information

The details here come from publicly available data. Institutions reorganise, close branches and retire codes. Counts and locations are from our directory.

Treat the information on this page as a helpful check and rely on the recipient or Banco Atlantico de Ahorro y Credito, S.A. for the final confirmation. We are an independent comparison service and not part of Banco Atlantico de Ahorro y Credito, S.A.. If you notice a mistake, we appreciate a short note.