CDS CLEARING AND DEPOSITORY SERVICES INC., LA MAISON DES COOPERANTS, MONTREAL, Canada
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| BIC Name / Bank name / Institution Name | CDS CLEARING AND DEPOSITORY SERVICES INC. |
| Bank Code / Institution Code | CDSL |
| Country | CANADA |
| Country Code (ISO 3166) | CA |
| City | MONTREAL |
| City Code | T1 The City Code are Institution Specific, different BIC has allotted different City Code for same city. |
| Office Type | |
| Branch Code | 0MM |
| Swift Code / BIC Code |
CDSLCAT10MM
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| Address | LA MAISON DES COOPERANTS |
| Zip Code / Postal Code | H3A 3J2 |
| 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 Financial Institution IBAN Compliant | No, CDS CLEARING AND DEPOSITORY SERVICES INC. is not IBAN Compliant. |
| 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 CDS CLEARING AND DEPOSITORY SERVICES INC. the first four characters from left CDSL indicates that it is CDS CLEARING AND DEPOSITORY SERVICES INC..
- Characters 5-6 from left in the SWIFT Code / BIC Code, depicts Country code of the bank. In the case of CDS CLEARING AND DEPOSITORY SERVICES INC. characters 5 and 6 from left CA indicates that bank is in CANADA. It means that all the banks located in CANADA will have CA 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 CDS CLEARING AND DEPOSITORY SERVICES INC. characters 7 and 8 from left T1 indicates that bank is in MONTREAL. It means that all the branches of CDS CLEARING AND DEPOSITORY SERVICES INC. located in MONTREAL will have T1 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 CDS CLEARING AND DEPOSITORY SERVICES INC. characters 9 - 11 from left 0MM indicates branch code. It means that CDS CLEARING AND DEPOSITORY SERVICES INC. Branch code: 0MM is used for branches located at :LA MAISON DES COOPERANTS. If XXX are in 9-11 place then it means that it is the Head Office of Bank / 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.