SPECIAL SETTLEMENT AND CUSTODY SYSTEM (SELIC), Primary Office Av. Presidente Vargas 30 Floor 420071-001, RIO DE JANEIRO, Brazil
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| BIC Name / Bank name / Institution Name | SPECIAL SETTLEMENT AND CUSTODY SYSTEM (SELIC) |
| Bank Code / Institution Code | SSCS |
| Country | BRAZIL |
| Country Code (ISO 3166) | BR |
| City | RIO DE JANEIRO |
| City Code | R1 The City Code are Institution Specific, different BIC has allotted different City Code for same city. |
| Office Type | Primary Office / Head Office / Main Office |
| Branch Code | XXX |
| Swift Code / BIC Code |
SSCSBRR1
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| Swift Code / BIC Code 11 Characters | SSCSBRR1XXX Note:If Swift Code is of 8 Characters then suffix XXX for branch code in the Swift Code. |
| Address | Av. Presidente Vargas 30 Floor 420071-001 |
| Zip Code / Postal Code | |
| Note: Before Transferring payment to the Bank Branch, confirm from the payment receiver, if the Bank Branch is Active | |
| View Location on Google Map | |
| Whether Bank IBAN Compliant | Yes, SPECIAL SETTLEMENT AND CUSTODY SYSTEM (SELIC), is IBAN Compliant. |
| Calculate Brazil IBAN Numbers | |
| Validate Brazil IBAN Numbers | |
| Save on International Payment Transfers | |
What is a SWIFT Code / BIC code?
Business Identifier Codes (BIC) has been developed by Society for Worldwide Interbank Financial Telecommunication (SWIFT) to identify banks and financial institutions globally. That is why BIC Codes are also known as SWIFT Codes.SWIFT Codes / BIC Codes are used for transferring money between banks of different countries or SEPA payments. Banks also use these codes for exchanging financial messages.
SWIFT Code / BIC Code is formed of 8 or 11 characters in following system:
- First four characters in the SWIFT Code / BIC Code from left depicts bank code. In the case of SPECIAL SETTLEMENT AND CUSTODY SYSTEM (SELIC) the first four characters from left SSCS indicates that it is SPECIAL SETTLEMENT AND CUSTODY SYSTEM (SELIC).
- Characters 5-6 from left in the SWIFT Code / BIC Code, depicts Country code of the bank. In the case of SPECIAL SETTLEMENT AND CUSTODY SYSTEM (SELIC) characters 5 and 6 from left BR indicates that bank is in BRAZIL. It means that all the banks located in BRAZIL will have BR at 5th and 6th place from left in their Swift Codes / BIC Codes.
- Characters 7-8 from left in the SWIFT Code / BIC Code, depicts City Code of the Bank. In the case of SPECIAL SETTLEMENT AND CUSTODY SYSTEM (SELIC) characters 7 and 8 from left R1 indicates that bank is in RIO DE JANEIRO. It means that all the branches of SPECIAL SETTLEMENT AND CUSTODY SYSTEM (SELIC) located in RIO DE JANEIRO will have R1 at 7th and 8th place from left in their Swift Codes / BIC Codes.
- Characters 9-11 from left in the SWIFT Code / BIC Code, depicts Branch Code of the Bank.In the case of SPECIAL SETTLEMENT AND CUSTODY SYSTEM (SELIC) the length of SWIFT Code is 8 Characters, means SPECIAL SETTLEMENT AND CUSTODY SYSTEM (SELIC) Head Office of the Financial Institution.
- Many Banks has taken only one SWIFT Code per country or have one SWIFT Code per city, for processing International Payments of all the Branches of the country / city through SWIFT enabled branch. So, if your Bank Branch is not depicting in the list, contact your Bank Branch for the SWIFT Code transactions.