Cooperative and Agricultural Credit Bank SWIFT/BIC code

CACBYESA – the SWIFT/BIC code of Cooperative and Agricultural Credit Bank

The short code CACBYESA and the full code CACBYESAXXX identify one and the same institution: Cooperative and Agricultural Credit Bank. Every bank on the SWIFT network uses BIC codes to direct international transfers to the correct bank. It comes up mostly when dealing with payments that cross a border.

On this page we explain how the code is put together, when you need it and what else you need for a transfer to or from Cooperative and Agricultural Credit Bank. Keep in mind that the BIC just identifies the bank, not the account: the IBAN or account number takes care of that.

Head office or branch code at Cooperative and Agricultural Credit Bank?

Our database contains 3 SWIFT/BIC codes for Cooperative and Agricultural Credit Bank, spread over 1 cities. Besides the head office code CACBYESAXXX, you will find codes for individual branches and departments.

Unless the recipient tells you otherwise, use CACBYESAXXX. When you receive a specific code, use it as it is instead of replacing it with the head office code.

The safest approach is to take the code directly from the recipient’s bank details. Codes are sometimes changed or retired over time, so a code from an old document is not always valid.

Getting paid from abroad into a Cooperative and Agricultural Credit Bank account

When you expect a payment from another country, send the payer all details at once. That means: your name as registered with Cooperative and Agricultural Credit Bank, your IBAN or account number, the SWIFT/BIC code CACBYESAXXX (or CACBYESA) and sometimes your address.

The sender’s bank may request the bank address of Cooperative and Agricultural Credit Bank. A mistake in the IBAN can be more trouble than it looks.

Money from abroad will not always arrive for the full amount. Charges on incoming payments vary per bank; check the price list of Cooperative and Agricultural Credit Bank. Make clear with the sender who pays which costs.

Sending money abroad from Cooperative and Agricultural Credit Bank

A bank transfer abroad costs more than the listed fee. You pay the fee for the transfer itself, possibly charges from correspondent banks along the way and, most importantly, the margin on the exchange rate when the money is converted.

Most of the cost usually sits in the exchange rate, not in the fee: the bank converts using an exchange rate that includes a margin. Check their rate against the mid-market rate, the midpoint between buy and sell rates you see on financial sites; the gap is what conversion costs you.

For a lot of currency pairs, a transfer service is cheaper than a traditional bank transfer – mostly thanks to the rate. Next time you send money, take a minute to compare the total cost via GoldexPay rather than accepting the bank’s rate by default. Using a transfer service does not require closing your account at Cooperative and Agricultural Credit Bank: you simply pay the service from your account.

8 or 11 characters: CACBYESA versus CACBYESAXXX

A BIC is made up of a few fixed parts: the first four letters stand for the bank, the next two give the country and the two after that indicate the location. In this case, that core is CACBYESA.

The full version adds three more characters that identify a branch or department. If the last three are XXX, they simply mean the head office, which is why CACBYESAXXX and CACBYESA lead to the same place.

In practice the code is written in capitals and without spaces. Pasting the code is safer than typing it by hand.

When will the money arrive at Cooperative and Agricultural Credit Bank?

An international transfer usually needs one to a few business days, depending on the currency, the route and the banks involved. Bank holidays in either country can add a day or more to the journey. Occasionally a bank wants to know about the purpose of a payment before releasing it.

A growing number of banks use SWIFT gpi. Each gpi transfer gets a unique transaction reference, the UETR. Specialist transfer services usually provide tracking online showing how far the payment has got.

A delayed transfer is traced by the sending bank. Request from the sender the payment receipt including the reference – it helps your own bank look for the money.

Verifying the SWIFT code of Cooperative and Agricultural Credit Bank

Have the recipient copy the account details straight from their online banking. Check that code against CACBYESA on this page; if they differ, ask before you pay.

An incorrect BIC can cause a delay, a returned payment or extra fees along the way. Remember the account number: a mistake there is harder to correct than a wrong code.

Many banking apps check the structure of IBANs and some suggest the matching BIC – that confirms the format, not the owner. If your bank offers it, a payee name check on the recipient gives extra certainty. Sending a small amount first is worth it for a large first payment despite the extra fee.

Protect yourself against fake payment requests

Scammers often use fake invoices containing new bank details sent from what looks like a familiar address. A valid SWIFT code tells you nothing about who owns the account.

Check changed bank details through a separate channel, such as a phone number you already know, never via the email that asked for the change. Be suspicious of time pressure, unusual wording or a sender address that is slightly off. If money 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 an overpayment followed by a request to send back the difference to another account. A payment confirmation from the sender proves nothing.

A note on our data

Our SWIFT/BIC directory draws on public sources. Institutions merge, close branches and change codes. Counts and locations come from our own dataset and are not confirmed by Cooperative and Agricultural Credit Bank.

Treat this page as a reference, rather than as the last word – the bank details from the recipient are leading. GoldexPay is independent of Cooperative and Agricultural Credit Bank; we are a comparison site for money transfers. If you notice a mistake, we appreciate a short note via the contact page.