Agricultural Development Bank SWIFT/BIC code

ADEVTTP1 – the SWIFT/BIC code of Agricultural Development Bank

Whether a recipient gives you ADEVTTP1 or ADEVTTP1XXX, you are looking at the same identifier for Agricultural Development Bank in Trinidad & Tobago. The code has a single purpose: it ensures that an international payment reaches the right bank. It comes up mostly for payments that cross a border or a currency.

This page is meant to help people who pays into an account at Agricultural Development Bank. The BIC names an institution, not a single account, which is why you always need the account number too.

How to check ADEVTTP1 before you pay

The most reliable place for the correct BIC remains paperwork issued by the bank. When the code you were given differs from ADEVTTP1 or ADEVTTP1XXX, do not guess.

If the code is wrong, the payment may get stuck, be returned or cost extra. Remember the IBAN: a mistake there is harder to undo than a wrong code.

Many banking apps validate the structure of an IBAN and sometimes look up the BIC automatically, but that does not prove the account belongs to the right person. More and more banks compare the name against the account. Sending a small amount first can be worth it for a large first payment, even if it costs an extra fee.

Where our SWIFT data comes from

The details here come from publicly available data that we update regularly. Still, banks merge or change codes and our data may lag behind. Counts and locations are from our directory and are not confirmed by Agricultural Development Bank.

For any payment of any size, always check the BIC with Agricultural Development Bank or with the recipient. GoldexPay is not affiliated with Agricultural Development Bank; we are a comparison site for money transfers. Should you notice a mistake, we welcome a short note.

Scams that use SWIFT codes

One of the most common tricks works like this: you receive a request saying that a supplier now has a new bank account and that the next payment should go there. A valid SWIFT code says nothing about whether the request is genuine.

Verify new payment details via a separate channel like a call to a number from an earlier contract. Pressure and requests to keep it quiet are warning signs. If money has already gone to the wrong account, contact your bank immediately: the sooner they act, the better the chance of a recall.

Fraud also target the receiver: someone sends too much and wants you to refund the difference to a new account. Do not act before the money has really arrived and check with Agricultural Development Bank if anything seems off.

Choosing between the 6 SWIFT codes of Agricultural Development Bank

Agricultural Development Bank has 6 different SWIFT/BIC codes. Only one is the head office code, ADEVTTP1XXX; the rest identify branches or departments.

For most incoming transfers, the head office code ADEVTTP1XXX works fine. When you receive a branch code, use it as it is rather than swapping it with the head office code.

When in doubt, check with the recipient for the exact BIC in their bank details. Branch codes can change when banks reorganise, so a code from an old document is not always valid.

Why Agricultural Development Bank has an 8- and an 11-character code

The structure of a BIC never changes: a bank code of four letters, two for the country and a two-character location code. In this case, the 8-character core is ADEVTTP1.

Most banks and apps work with either length. If yours asks for eleven characters, use ADEVTTP1XXX, otherwise ADEVTTP1 is fine.

Type the code as one block, in upper case and without separators, exactly as shown here. A wrong letter may route a payment to another bank.

Paying someone abroad from your Agricultural Development Bank account

What you pay for a payment abroad has several parts. You pay the transfer fee, possibly charges from correspondent banks in between and, above all, the exchange rate markup.

The real cost is often in the rate: the bank converts using an exchange rate that includes a margin. Compare their rate with the mid-market rate, the midpoint between buy and sell rates you see on financial sites. The difference is your real conversion cost.

Money transfer services often offer rates closer to the mid-market rate with clearer fees. GoldexPay compares the amount that arrives across services. Choosing a specialist does not require closing your account at Agricultural Development Bank.

Transfer times and tracking a payment to Agricultural Development Bank

There is no fixed answer for every transfer: many land the same day or the next while others need several business days. Payments made after the cut-off time or on weekends and holidays often go out a business day later. Occasionally a bank asks about the purpose of a payment before releasing it.

A growing number of banks are connected to SWIFT gpi, which lets them follow a payment from bank to bank. Each gpi transfer carries a unique transaction reference, the UETR that banks can use to trace it. Money transfer services usually show tracking in their app showing where the money is.

A missing payment is traced from the sending side, using the payment confirmation. Ask the sender for the payment receipt including the reference – it helps your own bank look for the money.

What to give a sender who pays you at Agricultural Development Bank

If you expect money from abroad, send the payer a complete set of details. That means: your name exactly as it appears on the account, your account number or IBAN, the SWIFT/BIC code ADEVTTP1XXX and, often, your address.

The sender’s bank might request the bank address of Agricultural Development Bank; the head office in Port of Spain is usually fine. Check every detail before you send them.

Money from abroad does not always land for the full amount. Charges on incoming payments vary from bank to bank – the price list of Agricultural Development Bank tells you what applies. Agree with the sender who covers the fees, especially for larger amounts.