SWIFT Code CNCVBRR1 — CONCORDIA SA CVMCC, RIO DE JANEIRO

About SWIFT Code CNCVBRR1 — CONCORDIA SA CVMCC, RIO DE JANEIRO

SWIFT code CNCVBRR1 is the official 8-character head-office BIC (Bank Identifier Code) for CONCORDIA SA CVMCC in RIO DE JANEIRO, 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 CONCORDIA SA CVMCC for all outward international remittances from RIO DE JANEIRO. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code CNCVBRR1

The code CNCVBRR1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code CNCVBRR1

Receiving International Wire Transfers

To receive money from abroad at your CONCORDIA SA CVMCC account in RIO DE JANEIRO, share SWIFT code CNCVBRR1 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 CONCORDIA SA CVMCC, RIO DE JANEIRO must provide SWIFT code CNCVBRR1. 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 CONCORDIA SA CVMCC in RIO DE JANEIRO rely on SWIFT code CNCVBRR1 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 CONCORDIA SA CVMCC →

For cheque clearing or NACH mandates, use the MICR code for CONCORDIA SA CVMCC →

For TDS challan deposits, find the BSR code for CONCORDIA SA CVMCC →

How SWIFT Code CNCVBRR1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code CNCVBRR1 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 CONCORDIA SA CVMCC.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: CONCORDIA SA CVMCC receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code CNCVBRR1

• Spaces or lowercase letters — Always enter CNCVBRR1 uppercase with no spaces.
• Using the wrong city — This code is for RIO DE JANEIRO 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 CNCVBRR1 directly with CONCORDIA SA CVMCC's RIO DE JANEIRO branch or via the SWIFT BIC Directory.