BANCO SANTANDER BAHAMAS INTL LTD, BIC/SWIFT Code Details
Address: GEORGE AND KING STREETS, NASSAU 0000000 BAHAMAS
General instructions for international payments to banks in BAHAMAS: Information provided by the Beneficiary: Remitter should obtain all required bank information from the Beneficiary (e.g., SWIFT BIC, account number, and beneficiary bank address). For additional information, please refer to www.centralbankbahamas.com.
Payment Formatting Rules for BSD:
- Ordering Customer (SWIFT MT103 F50): Include account number, full name (no initials), and address of the ordering customer. Use of initials can delay receipt of funds by the beneficiary.
- Beneficiary Customer (SWIFT MT103 F59): Include account number, full name (no initials), and address of the beneficiary customer. Use of initials may delay receipt of funds by the beneficiary.
- Beneficiary Bank (SWIFT MT103 F57): Include SWIFT BIC with branch identifier (where required), full name, and address of the beneficiary bank.
- The SWIFT BIC is 8 or 11 alphanumeric characters: xxxxBSxx or xxxxBSxxxxx.
- Where the beneficiary bank is “RBC Bahamas”, Transit Number is required and should be updated in Field 70 (e.g., TRANSIT NUMBER: XXXXX). Contact your J.P. Morgan Service Representative for a list of transit numbers.
- Reason for Payment (SWIFT MT103 F70): Purpose of payment is recommended.
Additional Information:
- Payments where the underlying remitter is an MSB or PSP are not supported.
- Payment for BSD where the beneficiary bank is RBC Bahamas requires specific considerations. The service is only available from Monday to Friday.
- When filling out the payment form, update the account number in field 59.
- The limit for transferring amounts between residents and non-residents is EUR 50,000.
- For TAX payments, a Payment Reference Number (PRN) is mandatory.
- Transactions above USD 1,000,000 to specific countries for SEK activities require additional verification. Ensure that all Additional Information fields are completed accurately.
IBAN: No
Standard Settlement Instructions (SSI) contain the list of correspondent banks of BANCO SANTANDER BAHAMAS INTL LTD for each currency.
To track a SWIFT cross-border payment to or from BANCO SANTANDER BAHAMAS INTL LTD, you need a UETR code, reference number, amount, payment date, and currency. This information is typically found in an MT103 form.
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.