Baloise Asset Management Schweiz AG SWIFT/BIC code

BAAMCHBB – the SWIFT/BIC code of Baloise Asset Management Schweiz AG

The short code BAAMCHBB and the 11-character code BAAMCHBBXXX identify the same bank: Baloise Asset Management Schweiz AG in Basle, Switzerland. A BIC does one job: it ensures that a cross-border transfer ends up at the right bank. You will need it mostly when dealing with transfers between countries or a currency.

This page is meant to help people who sends money to an account at Baloise Asset Management Schweiz AG. The SWIFT code alone does not identify a personal account; that is what the IBAN or account number is for.

A note on our data

We gather bank codes using public sources and check them from time to time. Even so, banks merge, rename themselves or change codes, so information can be out of date. The figures on this page reflect what is in our directory, not official figures from Baloise Asset Management Schweiz AG.

Treat the information on this page as a handy check. We are a comparison site and not affiliated with Baloise Asset Management Schweiz AG. Found an error? Let us know via our contact form.

Is BAAMCHBB still correct? How to check

Ask the recipient to send you their account details straight from a recent statement. Check that code with BAAMCHBB here and ask if anything does not match.

With a wrong code, the transfer might get stuck, bounce back or cost extra – sometimes after weeks of searching. A mistake in the IBAN or account number can be more serious because it can reach the wrong person, so check that just as carefully.

Most online banking apps validate the structure of IBANs and some suggest the matching BIC, but that does not prove the account belongs to the right person. More and more banks check the payee name with the account before you confirm. When you pay someone new, some people send a small test amount and wait for confirmation.

Do you need BAAMCHBB for a SEPA transfer?

Because Switzerland is part of SEPA, a euro payment into Baloise Asset Management Schweiz AG from within the SEPA area normally requires just the IBAN. Most banking apps do not require the BIC in that case or fill it in for you.

A SWIFT code like BAAMCHBB still matter for payments in other currencies and when the money comes from outside SEPA. If a payment form asks for the BIC anyway, entering BAAMCHBB does no harm.

SEPA transfers usually arrive within one business day; instant payments are faster if both banks offer them. As long as the payment stays in euros, a SEPA transfer tends to be cheap; it is the conversion that costs money.

What a transfer from Baloise Asset Management Schweiz AG abroad really costs

What you pay for a payment abroad has more than one component – not just the fee on your screen. You pay the transfer fee, possibly charges from correspondent banks along the way and, above all, the exchange rate markup when the money is converted.

Banks rarely list their exchange rate markup as a cost. Check the rate you are offered with the mid-market rate, the midpoint between buy and sell rates you see on financial sites; the gap is what conversion costs you.

Specialised transfer providers often use rates closer to the mid-market rate and lower fees. GoldexPay lists these services side by side so you can see what actually arrives. Choosing a specialist does not require leaving Baloise Asset Management Schweiz AG.

Which of the 9 codes of Baloise Asset Management Schweiz AG do you need?

Baloise Asset Management Schweiz AG has 9 separate SWIFT/BIC codes across 1 locations. Only one is the head office code, BAAMCHBBXXX; the others identify branches or departments.

If nobody asks you for a branch code, use BAAMCHBBXXX or its short form BAAMCHBB. Branch codes are only needed when the account holder explicitly mentions it.

The safest route is to take the code straight from the recipient’s bank details. Branch codes are more prone to change than the head office code.

Why Baloise Asset Management Schweiz AG has an 8- and an 11-character code

Each SWIFT/BIC code has the same eight core characters: four letters for the bank, two letters for the country and two characters for the location. Combined, these eight characters make up BAAMCHBB, the code most people search for.

XXX at the end of BAAMCHBBXXX is not a placeholder or a mistake: it indicates the head office of Baloise Asset Management Schweiz AG. Certain payment forms ask for 11 characters, and then you simply add XXX behind BAAMCHBB.

In practice the code is typed in capitals and without spaces. A wrong letter may route a payment to a different institution, so copy it carefully.

Getting paid from abroad into a Baloise Asset Management Schweiz AG account

Someone abroad who wants to pay you will ask for a few details about your account. Share the account holder’s name, the IBAN or account number, the BIC BAAMCHBBXXX and your address.

The sender’s bank may request the address of your bank; the head office in Basle is usually fine. A mistake in the IBAN is harder to fix than it looks; copy them from your banking app rather than typing.

Do not be surprised if the incoming amount is below what the sender paid. Fees for incoming transfers differ per bank. Agree with the sender who covers the fees.

How long does an international transfer to Baloise Asset Management Schweiz AG take?

An international transfer usually takes one to a few business days. Payments made late in the day or just before a weekend or public holiday usually go out a business day later. Extra checks by one of the banks may also add some delay, even when all details are correct.

A growing number of banks use SWIFT gpi, which lets them follow a payment from bank to bank. Every payment carries a unique reference, the UETR. Specialist transfer services usually show tracking online so you can see how far the money is.

The bank that sent the money can start an official trace. On the receiving end, it helps to check your statements for a partial amount.

Watch out for payment fraud

Criminals regularly send payment requests containing new bank details sent from what looks like a familiar address. The fact that BAAMCHBB exists is no guarantee that a request mentioning it is legitimate – fraudsters use real bank codes as well.

Verify changed payment details through a separate channel, such as a phone number you already know, not by replying to the message. Watch out for time pressure, unusual wording or a sender address that is slightly off. Acted too fast? Contact your bank straight away and have them try to recall the payment; also report it to the police.

Recipients can be targeted as well: one known trick is a buyer who pays too much and then sends a request to refund the difference abroad. Wait until the money has really arrived.

Paying into Baloise Asset Management Schweiz AG in CHF

Most accounts at Baloise Asset Management Schweiz AG are typically held in CHF, the national currency of Switzerland. A payment in a foreign currency is exchanged into CHF before it reaches the account, and whoever converts it chooses the rate. Each conversion costs something.

Who does the conversion affects how much arrives, as rates and margins differ per bank. In many cases you pay less to send CHF directly via a provider with a good rate, so that the receiving bank does not need to convert again.

Exchange rates change all the time – some services let you fix a rate in advance. For regular payments, a slightly better rate make a real difference over time.