Section 1 (the first 4-characters “AAAA”): This code is used to identify the institution’s global presence (all branches and all divisions around the world). We give you the real rate, independently provided by Reuters. They consist of eight or eleven characters. A SWIFT code (or BIC code) is a unique code that identifies financial and non-financial institutions and is mainly used for international wire transfers between banks. No surprises. A SWIFT code (or BIC code) is a unique code that identifies financial and non-financial institutions and is mainly used for international wire transfers between banks. If this section is omitted, then we have an 8-character swift code that is assumed to refer to the HEAD OFFICE of the institution. You may want to consider alternatives like. We believe that is an absolutely vital tool when you are receiving or sending money, or simply wish to find out a bit more about how swift codes operate. With TransferWise, your money is always converted at the mid-market rate and you'll be charged a low, upfront fee each time. Find your bank’s SWIFT code here. Compare our rate and fee with Western Union, ICICI Bank, WorldRemit and more, and see the difference for yourself. Whenever an eight-character code is used, then it is referring to the headquarters (main office) of the institution.Here is how an 11-character code is broken down and what each section of characters represents. SWIFT codes are used to identify banks and financial institutions worldwide. All banks have a SWIFT code, but not all banks have unique codes for each of their branches. Swift Code General Structure. Try our online SWIFT/BIC lookup tool to locate any of the thousands active or passive swift codes. You can search for an institution’s detailed data by entity name, BIC, or even specific keywords that narrow the search results even more. This code is absolutely vital for transferring money securely from one institution to another and our site is a specialized search engine for these codes and the institutions that carry them. if the second character is "0", then it is typically a test BIC as opposed to a BIC used on the live network. Section 3 (7th and 8th characters “CC”): These characters represent a location code (e.g. The SWIFT/BIC code for THE BANK OF NOVA SCOTIA is NOSCCATTXXX. The acronym SWIFT stands for the Society for Worldwide Interbank Financial Telecommunication. Make a one-off payment. Learn more. We charge as little as possible, and we always show you upfront. They may be able to cancel the transaction. money! For example, “CHAS” is used for “JPMORGAN CHASE BANK”. An example code would be BARCGB22XXX which is the unique identifier for the main offices of BARCLAYS BANK PLC based in London, UK. Banks use SWIFT for international transfers, but it's not the most efficient or cost-effective solution as you Searching through our website is incredibly easy. Swift codes. If it is equal to “0”, then it typically is a BIC assigned for testing purposes (as opposed to a BIC used on the live network). Where can I find my Bank of Nova Scotia (Scotiabank) SWIFT code. If a SWIFT code is eleven characters, this means that the bank has added a three-digit code to denote a specific branch of a bank. you might get a bad exchange rate and pay high fees. Banks and other transfer services have a dirty little secret. That’s why all providers powered by TransferWise have the same price. A swift code is a unique identifier for every institution's branch in the world. The SWIFT code / BIC code is made up of 8 or 11 characters, broken down as follows:. Try TransferWise for fast, cheap and secure international money transfers. They are used by the swift network to transmit wire transfers (money transactions) and messages between them. You can also browse for swift codes by clicking on the list of countries and then choosing the institution's name from the alphabetical list. A swift code can be formed with either 8 or 11 characters. You'll get the real exchange rate with the low fee we're known for. Our primary focus is to provide you with the most accurate and up to date database of financial institutions all over the world. Manage your money across 50+ currencies. Find your bank’s SWIFT code here. If you don't know which SWIFT code to use, you can usually send money with the SWIFT code for the bank's head office. TransferWise never hides fees in the exchange rate. Amazon and the Amazon logo are trademarks of, Inc. or its affiliates. Let's take this imaginary 11-character swift code: AAAABBCCDDD. However, Bank of Nova Scotia (Scotiabank) uses different SWIFT/BIC codes for the different types of banking services it offers. You have probably come across the need to find a swift code (or BIC code) because you were asked for it through web banking while trying to wire money to a different bank than yours. You have a number of different options. You can usually find the right SWIFT code for your bank on your statements, or in your online banking. sometimes carries this information: Section 4 (9th to 11th characters “DDD”): These final three characters form a “branch code” that refers to the particular branch of the institution. Without it, your bank can't identify the exact bank the money should go to. Please read our disclaimer at the bottom of this page before using our online tool. Each Bank of Nova Scotia (Scotiabank) branch has a unique SWIFT code. Generally speaking, most of the time, you will only need the eight-character swift code, that consists of 3 parts: the identifier of the institution (4 characters), the identifier of the country (2 characters), and the identifier of the location (2 characters). In this page you will find detailed information about the swift code “NOSCCATTXXX” of “BANK OF NOVA SCOTIA” for the branch named: “(ALL OFFICES IN CANADA)”. However, in some cases, if your bank processes payments through a specific branch you will need the eleven digit code which includes the branch identifier as well. It can be broken down to these sections: AAAA – BB – CC - DDD. It depends. If you have the bank name and address, but not the SWIFT code, just use our SWIFT/BIC finder to get the right code to use. So while there are cheaper options, they might not be the fairest or the fastest. These codes are known as swift codes due to the organization that first introduced them (SWIFT - Society for Worldwide Interbank Financial Telecommunication) but were later standardized as BIC (Business Identifier Codes). If it's too late to cancel, you might have to contact the recipient yourself and request that they return your money. Do you need Bank of Nova Scotia (Scotiabank) SWIFT code for international transfers? You can trust us to get it where it needs to be, but don’t take our word for it. We are disclosing this in accordance with the Federal Trade Commission's 16 CFR, Part 255: "Guides Concerning the Use of Endorsements and Testimonials in Advertising" and also in accordance to amazon associates programme operating agreement. It’s your money. We are disclosing this in accordance with the Federal Trade Commission's 16 CFR, Part 255: "Guides Concerning the Use of Endorsements and Testimonials in Advertising" and also in accordance to amazon associates programme operating agreement. 4 letters: Institution code or bank code. We’re on a mission to bring transparency to finance, for people without borders. How do we collect this data? When you browse the swift code database on this website, not only will you be able to locate the BIC code of the institution in question, but you will also be able to find out a plethora of other information related to it. We’re always honest with our customers. But we don’t have comparison data for transparency or speed at the moment. Send at the real exchange rate, and spend with a TransferWise debit Mastercard®. Some banks have unique SWIFT codes for each of their branches, while others have one SWIFT code for all their branches. This is because almost all banks in the world are members of the swift network that is responsible for money transfers and messages between financial (and even non-financial) institutions, and this system requires the use of these codes. Swift codes are broken down into sections, in the same way telephone numbers are broken into sections, and every section reveals some information about the institution that was assigned this code. If it is equal to “1”, then it denotes a passive participant in the SWIFT network. In addition to this, you will be able to find out both the country and city of origin. SWIFT codes for all branches of BANK OF NOVA SCOTIA. When sending money internationally, you’ll need a SWIFT/BIC code. And if they have a fee, they charge you twice. If you purchase a product or service linked from this site, we may receive an "affiliate commission".