SWIFT Code List for Banks in Dominica

SWIFT Code List for Banks in Dominica

No. SWIFT Code Bank City Branch
1 ARTNDMD1 ARTON BANK CORPORATION ROSEAU
2 BCBKDMD1 BARNETT CAPITAL BANK ROSEAU
3 CMWBDMDM COMMONWEALTH BANK AND TRUST LIMITED ROSEAU
4 CMBKDMDM COMPASS BANK AND TRUST CORPORATION ROSEAU
5 FCIBDMDM FIRSTCARIBBEAN INTERNATIONAL BANK (BARBADOS) LIMITED ROSEAU
6 FRTTDMD1 FORT BANK INC. ROSEAU
7 GVDMDMDM GOVERNMENT OF DOMINICA ROSEAU
8 NCDMDMDM NATIONAL BANK OF DOMINICA ROSEAU
9 PAXUDMDM PAXUM BANK LIMITED ROSEAU
10 RBNKDMDM REPUBLIC BANK (EC) LIMITED ROSEAU
11 RBNKDMDMDMA REPUBLIC BANK (EC) LIMITED ROSEAU SETTLEMENTS
12 STDMDMDM STANDARD COMMERCE BANK LTD. CANEFIELD
13 KICPDMD2 THE KINGDOM BANK CORPORATION ROSEAU
14 ZUMADMDM ZUMA BANK CORPORATION ROSEAU

How to Find Bank SWIFT Codes in Dominica?

You have access to a great many options to find the bank SWIFT Codes in Dominica, have a look at it.

  1. SWIFT/BIC Code Finder Tool: MyBankDetail offers a SWIFT Code Finder Dominica where you will see a list of all the banks in Dominica, just select your bank and it will get you the accurate Dominica SWIFT Code.
  2. Official Website of the Bank: You can get the SWIFT Code Dominica from the official website of your preferred bank in Dominica.
  3. Bank Statement: You can fetch the Dominica SWIFT Code from your e-statement or Printed Bank Statement.
  4. Internet Banking: Log into your banking portal and look into the section ‘Account Information’. And you’ll find your bank SWIFT Code in Dominica.
  5. Contact the Bank: Besides these options, you can also visit your bank in person and ask for the SWIFT Code for Bank in Dominica.

How Can You Verify the Bank SWIFT Code in Dominica?

Bank SWIFT Code Dominica plays an important role in transferring funds across the globe, so while we understand the importance of entering the correct SWIFT Code of Bank in Dominica, we always advise you to double-check the SWIFT Code for banks in Dominica. Therefore, to make your task easy, MyBankDetail offers a SWIFT Code Validate tool or SWIFT Code Finder Dominica tool.

SWIFT Code Validate Tool: To Validate SWIFT Code, all you need to do is enter the Dominica SWIFT Code of the bank you want to verify in the text input field and click on submit. This will provide detailed information about the Dominica SWIFT Code you have entered. This is where you can cross-check your SWIFT Code in Dominica.

SWIFT Code Finder Tool: You will find the list of SWIFT codes of all Dominica Banks on MyBankDetail. Select your bank and other necessary information, then you will find the SWIFT Code of your Bank in Dominica using SWIFT Code Finder Dominica.

When Do You Need the SWIFT Code for the Bank in Dominica?

A SWIFT Code Dominica is an overriding element in the Banking and Finance Industry. This is usually required for international financial transactions involving banks in Dominica. Have a look at some common scenarios where you may need to provide an Dominica SWIFT Code,

  • Ensure the funds are routed to the Intended Bank for International Wire Transfer
  • Receiving or sending money overseas
  • Any transaction that involves foreign currency
  • Interbank Communication between banks at the Global Level
  • Correspondent Banking relationships, where banks maintain International accounts with each other

Why Does Not Every Dominica Bank Have a SWIFT Code?

Some smaller banks in Dominica do not have a presence in foreign countries as they are not authorized dealers in foreign exchange. This is the main reason that some banks in Dominica do not have a SWIFT Code. Instead of that, what they do is, maintain foreign transaction accounts with major banks or some other giant banks of Dominica. In such type of cases, these banks use the SWIFT codes of Dominica's Giant banks for international transactions. They partner with or are the customers of Dominica's larger banks, contributing to International Transactions.

Why is the SWIFT Code Not Allocated for All the Branches of a Specific Bank in Dominica?

Consider the fact that the Dominica SWIFT Code is only used for International Transactions. The central bank and regulatory body of Dominica assigns the SWIFT Code only to the branches and banks in Dominica involved as a dealer in foreign exchange. The reason is, that only these branches of Banks in Dominica can deal with various international transactions such as remittances, and processing foreign bills related to trade. Not every branch of Banks in Dominica is authorized, only those fulfilling certain criteria are eligible to receive Dominica SWIFT Codes after approval from the central bank and regulatory body of Dominica.

FAQs

Are SWIFT Codes the Same for All Dominica Branches?

SWIFT Codes vary by the banks in Dominica. Most banks in Dominica use the same SWIFT Code for all their branches. While other banks in Dominica may use a unique SWIFT Code for each branch. You can find your Dominica SWIFT Code from the SWIFT Code List on MyBankDetail.

Can I Track My SWIFT Transfer in Dominica?

Yes, you can track your SWIFT transfer in Dominica through various ways such as,

  • SWIFT tracking tool offered by the Bank in Dominica
  • Online Banking Services in Dominica
  • Using SWIFT’s GPI Tracking in Dominica

Before making any payment, we request you to ensure that you have provided the correct bank SWIFT Code of Dominica Bank. You can find your Dominica SWIFT Code on MyBankDetail. It provides a SWIFT code for all banks in Dominica. Always provide the mandatory transaction details for accurate tracking for the SWIFT code for bank in Dominica.

Is SWIFT Money Transfer Safe in Dominica?

Yes, SWIFT money transfers in Dominica are usually considered safe. This is because SWIFT Code in Dominica has adopted secure and standardized protocols for international financial transactions, keeping the confidentiality and integrity of the transferred information.