SWIFT Code BSUDCOBBMD1 — BANCO GNB SUDAMERIS, MEDELLIN

About SWIFT Code BSUDCOBBMD1 — BANCO GNB SUDAMERIS, MEDELLIN

SWIFT code BSUDCOBBMD1 is the official 11-character branch-specific BIC (Bank Identifier Code) for BANCO GNB SUDAMERIS in MEDELLIN, Colombia. 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 GNB SUDAMERIS for all outward international remittances from MEDELLIN. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code BSUDCOBBMD1

The code BSUDCOBBMD1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code BSUDCOBBMD1

Receiving International Wire Transfers

To receive money from abroad at your BANCO GNB SUDAMERIS account in MEDELLIN, share SWIFT code BSUDCOBBMD1 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 GNB SUDAMERIS, MEDELLIN must provide SWIFT code BSUDCOBBMD1. 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 GNB SUDAMERIS in MEDELLIN rely on SWIFT code BSUDCOBBMD1 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 GNB SUDAMERIS →

For cheque clearing or NACH mandates, use the MICR code for BANCO GNB SUDAMERIS →

For TDS challan deposits, find the BSR code for BANCO GNB SUDAMERIS →

How SWIFT Code BSUDCOBBMD1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code BSUDCOBBMD1 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 GNB SUDAMERIS.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BANCO GNB SUDAMERIS receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code BSUDCOBBMD1

• Spaces or lowercase letters — Always enter BSUDCOBBMD1 uppercase with no spaces.
• Using the wrong city — This code is for MEDELLIN 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 Colombia.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm BSUDCOBBMD1 directly with BANCO GNB SUDAMERIS's MEDELLIN branch or via the SWIFT BIC Directory.