BCSDBBB1

BARBADOS CENTRAL SECURITIES, DEPOSITORY INC., BIC/SWIFT Code Details

Address: ADAMS FINANCIAL CENTRE FLOOR, 5 BRIDGETOWN BARBADOS

Payment Instructions

General instructions for international payments to banks in BARBADOS: Remitter should obtain all required bank information from the Beneficiary, such as SWIFT BIC, account number, and beneficiary bank address. For additional information, please refer to the Central Bank at www.centralbank.org.bb. When formatting payments for BBD, ensure to include the account number, full name (no initials), and address of the ordering customer under SWIFT MT103 F50. Similarly, for the Beneficiary Customer under SWIFT MT103 F59, include the account number, full name, and address. The beneficiary’s full address is required to avoid payment delays. For the Beneficiary Bank, include the SWIFT BIC with the branch identifier if required, along with the full name and address of the bank under SWIFT MT103 F57. Use of initials may delay receipt of funds. The SWIFT BIC is 8 or 11 alphanumeric characters formatted as xxxxBBxx or xxxxBBxxxxx. Including the purpose of payment is recommended under SWIFT MT103 F70. Note that payments where the underlying remitter is an MSB or PSP are not supported.

IBAN: No

Correspondent Banks

Standard Settlement Instructions (SSI) contain the list of correspondent banks of BARBADOS CENTRAL SECURITIES, DEPOSITORY INC. for each currency.

Payment Tracking

To track a SWIFT cross-border payment to or from BARBADOS CENTRAL SECURITIES, DEPOSITORY INC., you need a UETR code, reference number, amount, payment date, and currency. This information is typically found in an MT103 form.

Disclaimers

We are doing our best to demystify cross-border payments, however TrackMySwift is not responsible for any delays or losses related to usage of the information and services from our web site. Please contact your banks to receive a safe advise. Country-specific payment instructions have been prepared based on Global Wires Payments Formatting Requirements Guide from J.P.Morgan.