SWIFT Code CANBCVCV — BCN-BANCO CABOVERDIANO DE NEGOCIOS SA, PRAIA

About SWIFT Code CANBCVCV — BCN-BANCO CABOVERDIANO DE NEGOCIOS SA, PRAIA

SWIFT code CANBCVCV is the official 8-character head-office BIC (Bank Identifier Code) for BCN-BANCO CABOVERDIANO DE NEGOCIOS SA 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 BCN-BANCO CABOVERDIANO DE NEGOCIOS SA 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 CANBCVCV

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

When to Use SWIFT Code CANBCVCV

Receiving International Wire Transfers

To receive money from abroad at your BCN-BANCO CABOVERDIANO DE NEGOCIOS SA account in PRAIA, share SWIFT code CANBCVCV 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 BCN-BANCO CABOVERDIANO DE NEGOCIOS SA, PRAIA must provide SWIFT code CANBCVCV. 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 BCN-BANCO CABOVERDIANO DE NEGOCIOS SA in PRAIA rely on SWIFT code CANBCVCV 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 BCN-BANCO CABOVERDIANO DE NEGOCIOS SA →

For cheque clearing or NACH mandates, use the MICR code for BCN-BANCO CABOVERDIANO DE NEGOCIOS SA →

For TDS challan deposits, find the BSR code for BCN-BANCO CABOVERDIANO DE NEGOCIOS SA →

How SWIFT Code CANBCVCV Routes an International Transfer

1. Initiation: The sender provides SWIFT code CANBCVCV 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 BCN-BANCO CABOVERDIANO DE NEGOCIOS SA.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BCN-BANCO CABOVERDIANO DE NEGOCIOS SA receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code CANBCVCV

• Spaces or lowercase letters — Always enter CANBCVCV 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 CANBCVCV directly with BCN-BANCO CABOVERDIANO DE NEGOCIOS SA's PRAIA branch or via the SWIFT BIC Directory.