SWIFT Code OBATBSN1 — OCEANIC BANK AND TRUST LIMITED, NASSAU

About SWIFT Code OBATBSN1 — OCEANIC BANK AND TRUST LIMITED, NASSAU

SWIFT code OBATBSN1 is the official 8-character head-office BIC (Bank Identifier Code) for OCEANIC BANK AND TRUST LIMITED in NASSAU, Bahamas. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by OCEANIC BANK AND TRUST LIMITED for all outward international remittances from NASSAU. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code OBATBSN1

The code OBATBSN1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code OBATBSN1

Receiving International Wire Transfers

To receive money from abroad at your OCEANIC BANK AND TRUST LIMITED account in NASSAU, share SWIFT code OBATBSN1 with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at OCEANIC BANK AND TRUST LIMITED, NASSAU must provide SWIFT code OBATBSN1. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using OCEANIC BANK AND TRUST LIMITED in NASSAU rely on SWIFT code OBATBSN1 for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for OCEANIC BANK AND TRUST LIMITED →

For cheque clearing or NACH mandates, use the MICR code for OCEANIC BANK AND TRUST LIMITED →

For TDS challan deposits, find the BSR code for OCEANIC BANK AND TRUST LIMITED →

How SWIFT Code OBATBSN1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code OBATBSN1 and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to OCEANIC BANK AND TRUST LIMITED.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: OCEANIC BANK AND TRUST LIMITED receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code OBATBSN1

• Spaces or lowercase letters — Always enter OBATBSN1 uppercase with no spaces.
• Using the wrong city — This code is for NASSAU only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within Bahamas.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm OBATBSN1 directly with OCEANIC BANK AND TRUST LIMITED's NASSAU branch or via the SWIFT BIC Directory.