Banque Coop, SA SWIFT/BIC code

COOPCHBB – the SWIFT/BIC code of Banque Coop, SA

Whether a recipient gives you COOPCHBB or COOPCHBB12A, it is the same address for Banque Coop, SA in Switzerland. A BIC does one job: it makes sure that a cross-border transfer ends up at the right bank. In practice you mostly come across the code on international invoices, in payment forms and on the account details that Banque Coop, SA provides.

We wrote this page to help people who pays into an account at Banque Coop, SA and wants to get the details right. A SWIFT code identifies an institution, never a specific account.

Why Banque Coop, SA has an 8- and an 11-character code

The structure of a BIC is always the same: four characters for the institution, two for the country and two for the location, plus an optional branch code. For Banque Coop, SA, the 8-character core is COOPCHBB.

XXX at the end of COOPCHBB12A is not a missing value or an error: it indicates the head office of Banque Coop, SA. Some forms ask for 11 characters, in which case you simply add XXX behind COOPCHBB.

Leave out spaces or dashes when you type COOPCHBB; the code is always written in one block. Copying the code is safer than typing it by hand, because one wrong letter changes the bank.

When will the money arrive at Banque Coop, SA?

How quickly a payment reaches Banque Coop, SA depends on several factors: the currency, how many intermediary banks are involved, cut-off times and time zones. Transfers sent late in the day or on a weekend or public holiday usually start the next business day. Occasionally a bank asks what the payment is for, which can hold things up.

Many banks use SWIFT gpi. Each payment gets a unique reference, the UETR. Save your transfer receipt until the recipient confirms; it contains the details a bank needs to start a trace.

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

Incoming international payments to Banque Coop, SA

To receive a transfer from abroad at Banque Coop, SA, the person paying you has to have not just the SWIFT code. The basics are: your name, account number or IBAN, COOPCHBB12A or COOPCHBB and often your home address.

Their bank may also ask for the bank address of Banque Coop, SA, in which case the Geneva head office is the usual answer. Double-check each detail before you share them – a sender rarely spots a mistake in someone else’s details.

Money from abroad does not always arrive for the full amount. Intermediary banks may deduct a fee, and if the money is converted, an exchange rate margin comes on top. Agree with the sender who covers the fees, especially for larger amounts.

Euro transfers to Banque Coop, SA: is a BIC needed?

Within the SEPA zone, euro payments to an account in Switzerland use common rules, so the IBAN does the job in most cases. The BIC field is often optional for those payments.

Outside the euro and for senders outside SEPA, COOPCHBB12A is still required. If a payment form has a field for the BIC regardless, adding COOPCHBB is fine.

Instant euro transfers have become increasingly supported within SEPA – whether Banque Coop, SA offers them for your account is worth checking. Fees for SEPA payments tend to be low.

Is COOPCHBB still correct? How to check

The safest source for a SWIFT code is the recipient’s own bank details – an invoice, a statement or a screenshot from online banking. If the code you have differs from COOPCHBB or COOPCHBB12A, do not guess: check with the recipient or with Banque Coop, SA directly.

With a wrong code, the transfer may be delayed, be returned or end up costing more, and tracing it can take weeks. Do not forget the account number: an error there can be harder to undo than a wrong code.

An automatic check by your bank merely tells you that the code exists. Where available, a name check before sending adds extra certainty. Sending a small amount first is a sensible step for a large first payment, even if it costs an extra fee.

Banque Coop, SA: head office code versus branch codes

Our directory lists 3 SWIFT/BIC codes for Banque Coop, SA, spread over 3 cities. Besides the head office code COOPCHBB12A, you will find codes for individual branches and departments.

Unless the recipient tells you otherwise, go with COOPCHBB12A or its short form COOPCHBB. If you have been given a specific code, stick to it rather than replacing it with the head office code.

The safest approach is to take the code directly from the recipient’s invoice. Codes for branches are more prone to change than COOPCHBB12A when a bank merges or closes offices.

Watch out for payment fraud

One of the most common tricks goes like this: you receive a request claiming that a contact now has new bank details and that the next payment should go there. A valid SWIFT code tells you nothing about whether the request is genuine.

Do not rely on a phone number from the same email that contains the new account. Pressure or secrecy tend to be red flags; a genuine business can wait for you to check. Already paid? Call your bank without delay and ask them to start a recall; also report it to the police.

Recipients can be targeted as well: a classic trick is a buyer who pays too much followed by a request to refund the difference. Wait until the money has really arrived.

Paying into Banque Coop, SA in CHF

Switzerland pays in the Swiss Franc, with the currency code CHF. A payment in a foreign currency is converted into CHF on its way to Banque Coop, SA. Each conversion eats into the amount – usually through the rate rather than a fee.

Where the conversion happens affects the final amount, as rates and margins differ per bank. Check how much CHF the recipient gets with different services before choosing one.

The CHF rate fluctuates constantly, so the amount you see is usually only valid for a short time. For recurring payments, a slightly better rate add up over time.

What a transfer from Banque Coop, SA abroad really costs

What you pay for a payment abroad is made up of more than one component. There is the fee for the transfer itself, possibly fees charged by intermediary banks in between and, most importantly, the exchange rate markup.

Most of the cost usually sits in the exchange rate: the bank converts using an exchange rate that includes a margin. Compare their rate against the mid-market rate.

For many currency pairs, a specialist provider turns out to be less expensive than a bank, mainly because of the exchange rate. GoldexPay compares the amount that arrives with different services, so you can pick the cheapest route. You can always use your account at Banque Coop, SA as the source of the money; only the conversion and sending happen elsewhere.

Where our SWIFT data comes from

The codes on this page are taken from publicly available data which we refresh regularly. Still, banks merge or retire codes and our data may lag behind. Counts and locations are from our own dataset and may differ from what Banque Coop, SA publishes.

Use this page as a reference, not as the final word: the recipient’s bank details come first. GoldexPay is a comparison service and not affiliated with Banque Coop, SA. Found an error? Let us know through the contact page so we can correct it.