Centrale Bank van Suriname SWIFT/BIC code

Centrale Bank van Suriname SWIFT code: CBVSSRPA

The short code CBVSSRPA and the 11-character code CBVSSRPAXXX identify the same bank: Centrale Bank van Suriname, with its head office in Paramaribo. Banks worldwide use these codes to route payments between countries to the correct institution. You will need it mainly when dealing with transfers between countries or a currency.

On this page you can read how the code means, when you need it and which other details you need for a transfer to or from Centrale Bank van Suriname. Keep in mind that the BIC only identifies the bank, not the person: the account number or IBAN takes care of that.

Sending money abroad from Centrale Bank van Suriname

What you pay for a payment abroad is made up of more than one component, and the transfer fee is only the most visible one. You pay the transfer fee, sometimes charges from correspondent banks in between and, above all, the margin on the exchange rate.

The real cost is often in the rate, not in the fee: the bank converts using an exchange rate that includes a margin. Compare the rate you are offered with the mid-market rate, the midpoint between buy and sell rates you see on financial sites. The difference is your real conversion cost.

For a lot of routes, a specialist provider turns out to be cheaper than a bank – mostly thanks to the rate. GoldexPay compares these services side by side so you can see the amount the recipient gets before you commit. Using a transfer service does not require leaving Centrale Bank van Suriname.

Is CBVSSRPA still correct? How to check

The best place to find the right code is a document from the bank itself like a bank statement or the account page in online banking. If the code you have differs from CBVSSRPA or CBVSSRPAXXX, do not guess – contact the recipient or Centrale Bank van Suriname.

Mistakes in the BIC are annoying more than fatal – usually the money comes back, minus fees and time lost. Do not forget the account number: an error there is more difficult to undo than a wrong code.

An automatic check by your bank merely confirms that the code is valid, not that it is the right account. If your bank offers it, a payee name check before sending gives extra certainty. Sending a small amount first can be worth it for a large first payment despite the extra fee.

About this information

The details here are taken from publicly available data. It is possible that a code here is out of date, for example after a merger. Counts and locations are from our directory and are not confirmed by Centrale Bank van Suriname.

See the information here as a helpful check. GoldexPay is independent of Centrale Bank van Suriname, we only compare transfer services. Found outdated information? Let us know through the contact page so we can correct it.

Why Centrale Bank van Suriname has an 8- and an 11-character code

The structure of a BIC never changes: four characters for the institution, a two-letter country code and two for the location, plus an optional branch code. Combined, those parts form CBVSSRPA, the code most people search for.

XXX at the end of CBVSSRPAXXX is not a missing value or an error: it stands for the head office of Centrale Bank van Suriname. Certain payment forms insist on 11 characters, in which case you can enter XXX behind CBVSSRPA.

Leave out spaces or dashes when you enter CBVSSRPA; the code is always written in one block. Pasting the code beats typing it by hand: a typo can point to another bank.

Which of the 2 codes of Centrale Bank van Suriname do you need?

Centrale Bank van Suriname uses 2 separate SWIFT/BIC codes across 1 locations. One of them is the head office code; the others belong to branches or departments.

Unless the recipient tells you otherwise, use CBVSSRPAXXX or its short form CBVSSRPA. Only use a branch code when the recipient 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 prone to be retired than CBVSSRPAXXX.

Protect yourself against fake payment requests

Fraudsters regularly send payment requests with new bank details sent from what looks like a familiar address. A valid SWIFT code tells you nothing about whether the request is genuine – scammers simply use real codes.

Never trust contact details from the same email that contains the new account. Urgency or secrecy tend to be warning signs; a genuine business can wait for you to check. When a payment was sent to a fraudster, call your bank right away: the sooner they act, the better the chance of a recall.

Recipients are targeted too: one known trick is a buyer who pays too much and then sends a request to refund the difference. A screenshot of a transfer proves nothing.

Tracking a transfer to or from Centrale Bank van Suriname

How fast a transfer reaches Centrale Bank van Suriname is determined by several factors: the currency, the number of banks in between, cut-off times and differences in time zone. Weekends and public holidays in the sending or receiving country add extra days to the journey. Extra checks on larger or unusual payments can also add a delay, even when all details are correct.

Many banks are connected to SWIFT gpi, which lets them follow a payment from bank to bank. Every gpi transfer carries a unique transaction reference, the UETR that banks can use to trace it. Specialist transfer services usually show a status in their app so you can see where the payment is.

A missing payment is investigated from the sending side on the basis of the transfer details. On the receiving end, you can look at your account to see a slightly lower amount because fees can reduce the amount.

Incoming international payments to Centrale Bank van Suriname

A sender in another country will ask for a few details from you, and missing ones are a common cause of delays. In practice that means: your name as registered with Centrale Bank van Suriname, your account number or IBAN, the SWIFT/BIC code CBVSSRPAXXX and sometimes your postal address.

Their bank might also ask for the address of your bank; the head office in Paramaribo is usually fine. Check the details before you share them, because the sender’s bank usually copies them as is.

Expect that the amount credited is below what the sender paid. Fees for incoming transfers differ from bank to bank. On invoices, you can state how the fees are split to avoid a shortfall.