SWIFT Code FOGYCAT1 — FOYSTON, GORDON AND PAYNE INC., TORONTO

About SWIFT Code FOGYCAT1 — FOYSTON, GORDON AND PAYNE INC., TORONTO

SWIFT code FOGYCAT1 is the official 8-character head-office BIC (Bank Identifier Code) for FOYSTON, GORDON AND PAYNE INC. in TORONTO, 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 FOYSTON, GORDON AND PAYNE INC. for all outward international remittances from TORONTO. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code FOGYCAT1

The code FOGYCAT1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code FOGYCAT1

Receiving International Wire Transfers

To receive money from abroad at your FOYSTON, GORDON AND PAYNE INC. account in TORONTO, share SWIFT code FOGYCAT1 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 FOYSTON, GORDON AND PAYNE INC., TORONTO must provide SWIFT code FOGYCAT1. 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 FOYSTON, GORDON AND PAYNE INC. in TORONTO rely on SWIFT code FOGYCAT1 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 FOYSTON, GORDON AND PAYNE INC. →

For cheque clearing or NACH mandates, use the MICR code for FOYSTON, GORDON AND PAYNE INC. →

For TDS challan deposits, find the BSR code for FOYSTON, GORDON AND PAYNE INC. →

How SWIFT Code FOGYCAT1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code FOGYCAT1 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 FOYSTON, GORDON AND PAYNE INC..
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: FOYSTON, GORDON AND PAYNE INC. receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code FOGYCAT1

• Spaces or lowercase letters — Always enter FOGYCAT1 uppercase with no spaces.
• Using the wrong city — This code is for TORONTO 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 FOGYCAT1 directly with FOYSTON, GORDON AND PAYNE INC.'s TORONTO branch or via the SWIFT BIC Directory.