SWIFT Code CAKCBRS1 — CM CAPITAL MARKETS CCTVM LTDA., SAO PAULO

About SWIFT Code CAKCBRS1 — CM CAPITAL MARKETS CCTVM LTDA., SAO PAULO

SWIFT code CAKCBRS1 is the official 8-character head-office BIC (Bank Identifier Code) for CM CAPITAL MARKETS CCTVM LTDA. in SAO PAULO, Brazil. 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 CM CAPITAL MARKETS CCTVM LTDA. for all outward international remittances from SAO PAULO. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code CAKCBRS1

The code CAKCBRS1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code CAKCBRS1

Receiving International Wire Transfers

To receive money from abroad at your CM CAPITAL MARKETS CCTVM LTDA. account in SAO PAULO, share SWIFT code CAKCBRS1 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 CM CAPITAL MARKETS CCTVM LTDA., SAO PAULO must provide SWIFT code CAKCBRS1. 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 CM CAPITAL MARKETS CCTVM LTDA. in SAO PAULO rely on SWIFT code CAKCBRS1 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 CM CAPITAL MARKETS CCTVM LTDA. →

For cheque clearing or NACH mandates, use the MICR code for CM CAPITAL MARKETS CCTVM LTDA. →

For TDS challan deposits, find the BSR code for CM CAPITAL MARKETS CCTVM LTDA. →

How SWIFT Code CAKCBRS1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code CAKCBRS1 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 CM CAPITAL MARKETS CCTVM LTDA..
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: CM CAPITAL MARKETS CCTVM LTDA. receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code CAKCBRS1

• Spaces or lowercase letters — Always enter CAKCBRS1 uppercase with no spaces.
• Using the wrong city — This code is for SAO PAULO 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 Brazil.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm CAKCBRS1 directly with CM CAPITAL MARKETS CCTVM LTDA.'s SAO PAULO branch or via the SWIFT BIC Directory.