SWIFT/BIC codes in Grenada

Finding a SWIFT code in Grenada

In Grenada we have 7 SWIFT/BIC codes, spread over 7 banks. Every code identifies a bank or a specific branch or department and tells other banks where an international payment should go.

Search for the recipient’s bank below and click through for all codes we have and what else a transfer requires. The rest of this page covers how the codes work, the cost of transfers and the checks worth doing before you send money.

What a transfer to Grenada really costs

An international bank payment to Grenada often costs rather more than the fee suggests. Besides the fee, intermediary banks can take a cut, and when the money is converted the bank often uses a rate below the real market rate.

The markup on the rate is often the biggest part of the cost, even though it is not listed as a fee. Check the bank’s rate with the mid-market rate, the midpoint you see on financial news sites. The difference is your real cost.

Specialised transfer providers often use rates closer to the mid-market rate and lower fees. On GoldexPay you can compare the amount that arrives in Grenada with different services.

About our data and how to check a code

Have the recipient send you their bank details directly from their online banking. A wrong code can cause delays, a returned payment or additional charges, so compare it with the list on this page.

We collect SWIFT/BIC codes using publicly available data and check our list regularly. Banks merge, change names and retire codes, and no directory catches every change immediately. For any payment of any size, check the BIC with the recipient. GoldexPay is an independent comparison site and has no link to the banks in this list.

Be wary of invoices with changed bank details. A real SWIFT code says nothing about who owns the account – scammers use the codes of real banks.

Which bank in Grenada has the most codes?

Of the 7 banks we list for Grenada, Bank of Nova Scotia,the is listed with the most SWIFT codes. The head office uses NOSCGDGDXXX – the code most transfers need.

Many codes usually means that the bank registers branches and departments separately – it says nothing about the size of the bank as such. Paying someone at Bank of Nova Scotia,the? Use NOSCGDGDXXX except when the recipient gives you a branch code.

How SWIFT codes from Grenada are built

A BIC is 8 or 11 characters long and follows a fixed pattern. First comes four letters for the bank, followed by two letters for the country and a two-character location code.

For banks in Grenada, letters five and six show the ISO country code of Grenada. Codes with a different country code belong to a bank abroad – a quick way to catch mistakes.

An 11-character code ends in three characters for a branch. In most cases the head office code is fine unless the recipient asks for a specific branch.

Why a transfer to Grenada needs a SWIFT code

Grenada is not part of the SEPA area. Payments from abroad usually go through the SWIFT network.

Not all countries use the IBAN. The recipient’s bank often has a list of required details for payments from abroad – follow them exactly. Before it arrives, a transfer can pass through intermediary banks that charge for their part.

Getting paid from abroad into an account in Grenada

When you expect money from abroad on an account in Grenada, give the sender everything they need in one go. That means: your full name exactly as it appears on the account, your IBAN or account number, the SWIFT/BIC code of your bank and sometimes your postal address.

Look up the bank in the list on this page to check its code. It helps to include the name and city of your bank, since some payment forms ask for it.

The amount you receive is often less than the amount sent. Fees for incoming transfers vary from bank to bank. For business payments, state who bears the costs.

How long does a transfer to Grenada take?

A SWIFT payment to Grenada typically needs one to a few business days. Bank holidays in either country can add a day or more.

Many banks are connected to SWIFT gpi for faster and traceable payments. Every gpi transfer carries a unique reference, the UETR, which the sending bank can use to trace it. Save the payment confirmation until the money has arrived; a bank needs it to start a trace.