SWIFT Code LETRCH21 — LEVEL 2 TRADING LTD., BAAR

About SWIFT Code LETRCH21 — LEVEL 2 TRADING LTD., BAAR

SWIFT code LETRCH21 is the official 8-character head-office BIC (Bank Identifier Code) for LEVEL 2 TRADING LTD. in BAAR, Switzerland. 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 LEVEL 2 TRADING LTD. for all outward international remittances from BAAR. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code LETRCH21

The code LETRCH21 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code LETRCH21

Receiving International Wire Transfers

To receive money from abroad at your LEVEL 2 TRADING LTD. account in BAAR, share SWIFT code LETRCH21 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 LEVEL 2 TRADING LTD., BAAR must provide SWIFT code LETRCH21. 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 LEVEL 2 TRADING LTD. in BAAR rely on SWIFT code LETRCH21 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 LEVEL 2 TRADING LTD. →

For cheque clearing or NACH mandates, use the MICR code for LEVEL 2 TRADING LTD. →

For TDS challan deposits, find the BSR code for LEVEL 2 TRADING LTD. →

How SWIFT Code LETRCH21 Routes an International Transfer

1. Initiation: The sender provides SWIFT code LETRCH21 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 LEVEL 2 TRADING LTD..
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: LEVEL 2 TRADING LTD. receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code LETRCH21

• Spaces or lowercase letters — Always enter LETRCH21 uppercase with no spaces.
• Using the wrong city — This code is for BAAR 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 Switzerland.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm LETRCH21 directly with LEVEL 2 TRADING LTD.'s BAAR branch or via the SWIFT BIC Directory.