SWIFT Code METCCAT1022 — HSBC TRUST COMPANY (CANADA), OTTAWA

About SWIFT Code METCCAT1022 — HSBC TRUST COMPANY (CANADA), OTTAWA

SWIFT code METCCAT1022 is the official 11-character branch-specific BIC (Bank Identifier Code) for HSBC TRUST COMPANY (CANADA) in OTTAWA, 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 HSBC TRUST COMPANY (CANADA) for all outward international remittances from OTTAWA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code METCCAT1022

The code METCCAT1022 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code METCCAT1022

Receiving International Wire Transfers

To receive money from abroad at your HSBC TRUST COMPANY (CANADA) account in OTTAWA, share SWIFT code METCCAT1022 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 HSBC TRUST COMPANY (CANADA), OTTAWA must provide SWIFT code METCCAT1022. 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 HSBC TRUST COMPANY (CANADA) in OTTAWA rely on SWIFT code METCCAT1022 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 HSBC TRUST COMPANY (CANADA) →

For cheque clearing or NACH mandates, use the MICR code for HSBC TRUST COMPANY (CANADA) →

For TDS challan deposits, find the BSR code for HSBC TRUST COMPANY (CANADA) →

How SWIFT Code METCCAT1022 Routes an International Transfer

1. Initiation: The sender provides SWIFT code METCCAT1022 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 HSBC TRUST COMPANY (CANADA).
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: HSBC TRUST COMPANY (CANADA) receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code METCCAT1022

• Spaces or lowercase letters — Always enter METCCAT1022 uppercase with no spaces.
• Using the wrong city — This code is for OTTAWA 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 METCCAT1022 directly with HSBC TRUST COMPANY (CANADA)'s OTTAWA branch or via the SWIFT BIC Directory.