Banque Centrale des Etats de L'afrique de L'ouest SWIFT/BIC code

SWIFT/BIC code of Banque Centrale des Etats de L'afrique de L'ouest

Whether a recipient gives you BCAOSNDA or BCAOSNDAXXX, you are looking at the identical address for Banque Centrale des Etats de L'afrique de L'ouest in Senegal. A SWIFT code shows every bank in the chain which institution should receive the money, a bit like a postal address for banks. It comes up mostly when dealing with payments that cross a border.

This page is meant to help anyone who pays into an account at Banque Centrale des Etats de L'afrique de L'ouest. The SWIFT code on its own cannot identify a personal account; for that you need the account number or IBAN is for.

Changed bank details? Be careful

Be wary when a contact unexpectedly asks you to send money to another account or a bank in another country. The fact that BCAOSNDA exists is no guarantee that a request mentioning it is genuine – fraudsters use real bank codes as well.

Always verify changed bank details by phone on a number you know, not one from the message. Watch out for time pressure, unusual wording or an email address that differs by one letter. If money has already gone to the wrong account, contact your bank immediately: the sooner they act, the better the chance of a recall.

People receiving money can be targeted as well: one known trick is an overpayment and then sends a request to send back the difference abroad. A payment confirmation from the sender is no proof.

Before you send: check the Banque Centrale des Etats de L'afrique de L'ouest code

The most reliable source for the BIC is the recipient’s own bank details: an invoice, a bank statement or their online banking. Check that code with BCAOSNDA on this page; if they differ, ask before you pay.

If the code is wrong, the payment may be delayed, be returned or end up costing more, and tracing it can take weeks. Remember the account number: an error there is harder to undo than a wrong BIC.

Most online banking apps validate the format of an IBAN. If your bank offers it, a name check before sending gives extra certainty. For a first payment, many people send a small amount first before sending the rest.

How up to date is this code?

The details on this page are taken from publicly available data that we update regularly. Banks reorganise, close branches and retire codes. Figures such as the number of codes are from our own dataset.

Before any payment that matters, always check the code with the recipient’s bank or the recipient. GoldexPay is not affiliated with Banque Centrale des Etats de L'afrique de L'ouest. Found an error? Let us know via our contact form and we will look into it.

Getting paid from abroad into a Banque Centrale des Etats de L'afrique de L'ouest account

When you expect a payment from another country, send the payer all details at once. Share your name as the bank knows it, your account number or IBAN, SWIFT code BCAOSNDAXXX and your address, which some banks require.

Their bank may also ask for the address of your bank, in which case the Dakar head office is the usual answer. Double-check the details before you send them, because the sender’s bank usually copies them as is.

Money from abroad does not always arrive for the full amount. Intermediary banks may deduct a fee, Banque Centrale des Etats de L'afrique de L'ouest may charge for incoming payments, and if the money is converted, an exchange rate margin applies. On invoices, it is common to agree who bears the costs.

Choosing between the 4 SWIFT codes of Banque Centrale des Etats de L'afrique de L'ouest

Our directory lists 4 SWIFT/BIC codes for Banque Centrale des Etats de L'afrique de L'ouest. Besides the head office code BCAOSNDAXXX, there are codes for regional offices and specialised units.

In most cases you do not need to pick a branch: transfers sent to BCAOSNDAXXX reach Banque Centrale des Etats de L'afrique de L'ouest correctly. Branch codes are only needed if the account holder specifically mentions it, which is more common for corporate accounts and trade services.

Not sure which code applies? Ask the recipient or the bank itself. Branch codes are more likely to be retired than the head office code.

What the XXX in BCAOSNDAXXX means

A SWIFT code is made up of a few fixed parts: the first four letters identify the bank, the next two give the country and the two after that mark the location. Combined, these eight characters make up BCAOSNDA – the version you usually see online.

Most payment forms accept both lengths. If yours asks for eleven characters, enter BCAOSNDAXXX.

Type the code in one piece, in capitals and without spaces. Pasting the code beats typing it by hand.

How long does an international transfer to Banque Centrale des Etats de L'afrique de L'ouest take?

A SWIFT payment usually needs one to a few business days – it depends on currency, route and the banks in between. Transfers sent after the cut-off time or on a weekend or public holiday usually start a business day later. Extra checks on larger or unusual payments may also cause a delay.

A growing number of banks are connected to SWIFT gpi. Every gpi transfer carries a unique reference, the UETR. Money transfer services often show tracking in their app so you can see where the payment is.

A missing payment is traced from the sending side. On the receiving end, it helps to check your statements for a partial amount, since fees may have been deducted.

Paying someone abroad from your Banque Centrale des Etats de L'afrique de L'ouest account

If you send money to another country through Banque Centrale des Etats de L'afrique de L'ouest, the visible fee is only part of what you pay. On top of a fixed fee, correspondent or intermediary banks may take a cut, and if the money changes currency the bank usually uses a rate below the real market rate.

That exchange rate margin is often the largest cost even though it is not listed as a fee. Compare the rate you are offered against the mid-market rate.

For a lot of routes, a transfer service is less expensive than a bank. GoldexPay lists these services next to each other so you can see the amount the recipient gets for the same amount sent. Using a transfer service does not require leaving Banque Centrale des Etats de L'afrique de L'ouest – you pay the provider from your own account.