SWIFT Code CHOTNL21 — CHO OPTION TRADERS B.V., S-GRAVENHAGE

About SWIFT Code CHOTNL21 — CHO OPTION TRADERS B.V., S-GRAVENHAGE

SWIFT code CHOTNL21 is the official 8-character head-office BIC (Bank Identifier Code) for CHO OPTION TRADERS B.V. in S-GRAVENHAGE, Netherlands. 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 CHO OPTION TRADERS B.V. for all outward international remittances from S-GRAVENHAGE. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code CHOTNL21

The code CHOTNL21 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code CHOTNL21

Receiving International Wire Transfers

To receive money from abroad at your CHO OPTION TRADERS B.V. account in S-GRAVENHAGE, share SWIFT code CHOTNL21 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 CHO OPTION TRADERS B.V., S-GRAVENHAGE must provide SWIFT code CHOTNL21. 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 CHO OPTION TRADERS B.V. in S-GRAVENHAGE rely on SWIFT code CHOTNL21 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 CHO OPTION TRADERS B.V. →

For cheque clearing or NACH mandates, use the MICR code for CHO OPTION TRADERS B.V. →

For TDS challan deposits, find the BSR code for CHO OPTION TRADERS B.V. →

How SWIFT Code CHOTNL21 Routes an International Transfer

1. Initiation: The sender provides SWIFT code CHOTNL21 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 CHO OPTION TRADERS B.V..
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: CHO OPTION TRADERS B.V. receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code CHOTNL21

• Spaces or lowercase letters — Always enter CHOTNL21 uppercase with no spaces.
• Using the wrong city — This code is for S-GRAVENHAGE 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 Netherlands.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm CHOTNL21 directly with CHO OPTION TRADERS B.V.'s S-GRAVENHAGE branch or via the SWIFT BIC Directory.