SWIFT Code POSSBEB1 — DE POSSON ET CIE, BRUSSELS

About SWIFT Code POSSBEB1 — DE POSSON ET CIE, BRUSSELS

SWIFT code POSSBEB1 is the official 8-character head-office BIC (Bank Identifier Code) for DE POSSON ET CIE in BRUSSELS, Belgium. 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 DE POSSON ET CIE for all outward international remittances from BRUSSELS. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code POSSBEB1

The code POSSBEB1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code POSSBEB1

Receiving International Wire Transfers

To receive money from abroad at your DE POSSON ET CIE account in BRUSSELS, share SWIFT code POSSBEB1 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 DE POSSON ET CIE, BRUSSELS must provide SWIFT code POSSBEB1. 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 DE POSSON ET CIE in BRUSSELS rely on SWIFT code POSSBEB1 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 DE POSSON ET CIE →

For cheque clearing or NACH mandates, use the MICR code for DE POSSON ET CIE →

For TDS challan deposits, find the BSR code for DE POSSON ET CIE →

How SWIFT Code POSSBEB1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code POSSBEB1 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 DE POSSON ET CIE.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: DE POSSON ET CIE receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code POSSBEB1

• Spaces or lowercase letters — Always enter POSSBEB1 uppercase with no spaces.
• Using the wrong city — This code is for BRUSSELS 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 Belgium.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm POSSBEB1 directly with DE POSSON ET CIE's BRUSSELS branch or via the SWIFT BIC Directory.