SWIFT Code DCRDBJB1 — DEPOSITAIRE CENTRAL-BANQUE DE REGLEMENT (DCBR BENIN), COTONOU

About SWIFT Code DCRDBJB1 — DEPOSITAIRE CENTRAL-BANQUE DE REGLEMENT (DCBR BENIN), COTONOU

SWIFT code DCRDBJB1 is the official 8-character head-office BIC (Bank Identifier Code) for DEPOSITAIRE CENTRAL-BANQUE DE REGLEMENT (DCBR BENIN) in COTONOU, Benin. 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 DEPOSITAIRE CENTRAL-BANQUE DE REGLEMENT (DCBR BENIN) for all outward international remittances from COTONOU. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code DCRDBJB1

The code DCRDBJB1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code DCRDBJB1

Receiving International Wire Transfers

To receive money from abroad at your DEPOSITAIRE CENTRAL-BANQUE DE REGLEMENT (DCBR BENIN) account in COTONOU, share SWIFT code DCRDBJB1 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 DEPOSITAIRE CENTRAL-BANQUE DE REGLEMENT (DCBR BENIN), COTONOU must provide SWIFT code DCRDBJB1. 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 DEPOSITAIRE CENTRAL-BANQUE DE REGLEMENT (DCBR BENIN) in COTONOU rely on SWIFT code DCRDBJB1 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 DEPOSITAIRE CENTRAL-BANQUE DE REGLEMENT (DCBR BENIN) →

For cheque clearing or NACH mandates, use the MICR code for DEPOSITAIRE CENTRAL-BANQUE DE REGLEMENT (DCBR BENIN) →

For TDS challan deposits, find the BSR code for DEPOSITAIRE CENTRAL-BANQUE DE REGLEMENT (DCBR BENIN) →

How SWIFT Code DCRDBJB1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code DCRDBJB1 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 DEPOSITAIRE CENTRAL-BANQUE DE REGLEMENT (DCBR BENIN).
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: DEPOSITAIRE CENTRAL-BANQUE DE REGLEMENT (DCBR BENIN) receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code DCRDBJB1

• Spaces or lowercase letters — Always enter DCRDBJB1 uppercase with no spaces.
• Using the wrong city — This code is for COTONOU 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 Benin.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm DCRDBJB1 directly with DEPOSITAIRE CENTRAL-BANQUE DE REGLEMENT (DCBR BENIN)'s COTONOU branch or via the SWIFT BIC Directory.