SWIFT Code BCATCVCV — BANCO COMERCIAL DO ATLANTICO, PRAIA

About SWIFT Code BCATCVCV — BANCO COMERCIAL DO ATLANTICO, PRAIA

SWIFT code BCATCVCV is the official 8-character head-office BIC (Bank Identifier Code) for BANCO COMERCIAL DO ATLANTICO in PRAIA, Cape Verde. 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 BANCO COMERCIAL DO ATLANTICO for all outward international remittances from PRAIA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code BCATCVCV

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

When to Use SWIFT Code BCATCVCV

Receiving International Wire Transfers

To receive money from abroad at your BANCO COMERCIAL DO ATLANTICO account in PRAIA, share SWIFT code BCATCVCV 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 BANCO COMERCIAL DO ATLANTICO, PRAIA must provide SWIFT code BCATCVCV. 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 BANCO COMERCIAL DO ATLANTICO in PRAIA rely on SWIFT code BCATCVCV 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 BANCO COMERCIAL DO ATLANTICO →

For cheque clearing or NACH mandates, use the MICR code for BANCO COMERCIAL DO ATLANTICO →

For TDS challan deposits, find the BSR code for BANCO COMERCIAL DO ATLANTICO →

How SWIFT Code BCATCVCV Routes an International Transfer

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

Common Mistakes When Using SWIFT Code BCATCVCV

• Spaces or lowercase letters — Always enter BCATCVCV uppercase with no spaces.
• Using the wrong city — This code is for PRAIA 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 Cape Verde.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm BCATCVCV directly with BANCO COMERCIAL DO ATLANTICO's PRAIA branch or via the SWIFT BIC Directory.