Bassein Catholic Co-Operative Bank Limited SWIFT/BIC code

BSSEINBB – the SWIFT/BIC code of Bassein Catholic Co-Operative Bank Limited

Whether a recipient gives you BSSEINBB or BSSEINBBXXX, you are looking at the identical address for Bassein Catholic Co-Operative Bank Limited in India. A BIC does one job: it makes sure that a cross-border transfer reaches the right bank. In practice you usually see the code on invoices from abroad, in payment forms and in the bank details that Bassein Catholic Co-Operative Bank Limited provides.

On this page you can read how the code is put together, when it matters and what else you need for a transfer to or from Bassein Catholic Co-Operative Bank Limited. The BIC identifies a bank or branch, never a specific account.

About this information

The codes on this page are taken from public sources which we refresh regularly. Still, banks merge, rename themselves or retire codes. Counts and locations are from our directory.

For a payment that matters, confirm the BIC with the recipient’s bank or with the recipient. GoldexPay has no connection to Bassein Catholic Co-Operative Bank Limited. Spotted an error? Tell us through the contact page and we will look into it.

Receiving money from abroad at Bassein Catholic Co-Operative Bank Limited

For a transfer from abroad at Bassein Catholic Co-Operative Bank Limited, the person paying you has to have not just the BIC. In practice that means: your full name as registered with Bassein Catholic Co-Operative Bank Limited, your account number or IBAN, the SWIFT/BIC code BSSEINBBXXX and sometimes your postal address.

The sender’s bank may request the address of your bank; the head office in Vasai Road (West) is usually fine. A mistake in your account number can be harder to fix than it looks, so copy the details from your online banking.

Do not be surprised if the incoming amount is below what the sender paid. Correspondent banks can take a fee, Bassein Catholic Co-Operative Bank Limited may charge for incoming payments, and if the currency changes, a markup on the rate comes on top. Agree with the sender who covers the fees before the money is sent.

Choosing between the 2 SWIFT codes of Bassein Catholic Co-Operative Bank Limited

With 2 codes in 1 cities, Bassein Catholic Co-Operative Bank Limited belongs to the banks that register individual codes for parts of the organisation. The head office code remains BSSEINBBXXX.

For most payments to a private or business account, the head office code BSSEINBBXXX is what you need. Branch codes are only needed when the recipient’s bank explicitly mentions it.

The best way is to take the code straight from the account holder’s invoice. Branch codes can change over time, so a code from an old document is not always valid.

Tracking a transfer to or from Bassein Catholic Co-Operative Bank Limited

How fast a payment reaches Bassein Catholic Co-Operative Bank Limited depends on a few things: the currency, how many intermediary banks are involved, daily processing deadlines and time zones. Weekends and public holidays in the sending or receiving country can add a day or more to the journey. Extra checks on larger or unusual payments can also cause a delay.

If a transfer seems late, contact the sending bank for the status or the UETR; with that reference banks can see where the payment is. Specialist transfer services often show a status online so you can see where the payment is.

If a payment has not arrived after a few business days, the person who paid needs to start with the bank that sent it. Request from the sender the payment receipt including the reference; that often settles the question quickly.

Sending INR to Bassein Catholic Co-Operative Bank Limited

The local currency in India is the Indian Rupee (INR). When you pay another currency, the amount gets converted somewhere along the way – by your bank, by Bassein Catholic Co-Operative Bank Limited or by a bank in between. You rarely see a separate line for that conversion – the cost sits in the rate.

Who does the conversion affects the final amount, since every bank sets its own rate. Check what INR arrives via different services before choosing one.

The INR rate fluctuates throughout the day. On larger amounts, a small gap in the rate adds up quickly.

8 or 11 characters: BSSEINBB versus BSSEINBBXXX

The structure of a BIC is always the same: a bank code of four letters, a two-letter country code and a two-character location code, sometimes followed by a branch code. The result is BSSEINBB, the short form of the code.

XXX at the end of BSSEINBBXXX is not a placeholder or an error: it stands for the main office of Bassein Catholic Co-Operative Bank Limited. Some forms insist on 11 characters, and then you simply enter XXX after BSSEINBB.

Leave out spaces when you type BSSEINBB; the code is always written in one block. Copying the code is safer than typing it by hand: a typo can point to another bank.

Verifying the SWIFT code of Bassein Catholic Co-Operative Bank Limited

The safest source for a SWIFT code is the bank details provided by the recipient: an invoice, a bank statement or their online banking. If the code you have does not match BSSEINBB or BSSEINBBXXX, do not guess – contact the recipient or Bassein Catholic Co-Operative Bank Limited.

A wrong SWIFT code can cause a delay, a payment being sent back or extra fees. Do not forget the account number: an error there is more difficult to undo than a wrong code.

An automatic check in your banking app only confirms that the code exists – not that it belongs to the person you mean to pay. If your bank offers it, a payee name check on the recipient gives an extra layer of safety. Sending a small amount first is a sensible step for large sums, even if it costs an extra fee.

Paying someone abroad from your Bassein Catholic Co-Operative Bank Limited account

What you pay for a payment abroad is made up of several parts. On top of a fixed fee, banks in between may take a cut, and when currencies are converted, the bank usually applies a rate that is less favourable than the real market rate.

The real cost is often in the rate: many banks convert using an exchange rate that includes a margin. A simple test: set the rate you get against the mid-market rate for the same moment and work out the difference on your amount.

Specialist money transfer services often use a rate near the mid-market rate. GoldexPay lists transfer providers next to each other so you can see what actually arrives before you commit. You can always use your account at Bassein Catholic Co-Operative Bank Limited, while a cheaper service handles the conversion.

Protect yourself against fake payment requests

Stay wary if someone unexpectedly wants you to send money to another account abroad. A valid SWIFT code tells you nothing about whether the request is genuine – scammers simply use real codes.

Never trust contact details in the same message that contains the new account. Be suspicious of urgent requests, odd spelling or an email address that differs by one letter. When money has already gone to a fraudster, contact your bank immediately.

Recipients are targeted too: a classic trick is an overpayment followed by a request to refund the difference. A screenshot of a transfer is no proof; only your own account shows what has arrived.