SWIFT Code FCTICATT — FCT INSURANCE COMPANY LTD, OAKVILLE

About SWIFT Code FCTICATT — FCT INSURANCE COMPANY LTD, OAKVILLE

SWIFT code FCTICATT is the official 8-character head-office BIC (Bank Identifier Code) for FCT INSURANCE COMPANY LTD in OAKVILLE, Canada. 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 FCT INSURANCE COMPANY LTD for all outward international remittances from OAKVILLE. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code FCTICATT

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

When to Use SWIFT Code FCTICATT

Receiving International Wire Transfers

To receive money from abroad at your FCT INSURANCE COMPANY LTD account in OAKVILLE, share SWIFT code FCTICATT 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 FCT INSURANCE COMPANY LTD, OAKVILLE must provide SWIFT code FCTICATT. 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 FCT INSURANCE COMPANY LTD in OAKVILLE rely on SWIFT code FCTICATT 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 FCT INSURANCE COMPANY LTD →

For cheque clearing or NACH mandates, use the MICR code for FCT INSURANCE COMPANY LTD →

For TDS challan deposits, find the BSR code for FCT INSURANCE COMPANY LTD →

How SWIFT Code FCTICATT Routes an International Transfer

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

Common Mistakes When Using SWIFT Code FCTICATT

• Spaces or lowercase letters — Always enter FCTICATT uppercase with no spaces.
• Using the wrong city — This code is for OAKVILLE 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 Canada.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm FCTICATT directly with FCT INSURANCE COMPANY LTD's OAKVILLE branch or via the SWIFT BIC Directory.