What’s the bank code for CARTOS SCD S.A.?
|Extended bank name||CARTOS SOCIEDADE DE CRÉDITO DIRETO S.A.|
|Money Transfer||Save on international fees: send money to Brazil with Wise.|
|Receive Money||Get paid at the real exchange rate by using Wise|
What is a Brazilian bank number or bank code?
A Brazilian bank number - numero do banco or código do banco in Portuguese - is a 3 digit code used when sending a payment from one bank account to another. These codes are standardized and agreed among all banks in Brazil, to help the sending bank or third party provider identify the correct institution to get the money to.
Bank numbers like these are one of the ways banks and other third party providers make sure your transfer arrives quickly, safely, and into the correct account.
What is an ISPB code?
ISPB stands for Identificador do Sistema de Pagamento Brasileiro - the Brazilian Payment System Identifier. ISPB codes are 8 digits long and - like the código do banco - help to guide a payment to the correct bank.
ISPB codes are not always needed when sending a payment to Brazil, as the 3 digit bank code is more commonly used. In some cases you may be given the option to enter either the bank code or the ISPB when arranging a payment.
The downside of international transfers with your bank
When you send or receive an international wire with your bank, you might lose money on a bad exchange rate and pay hidden fees as a result. That’s because the banks still use an old system to exchange money. We recommend you use Wise, which is usually much cheaper. With their smart technology:
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Brazil Bank number (bank codes) - FAQs
What does the bank number 324 mean?
324 is the código do banco for CARTOS SCD S.A..
Brazil bank numbers (or código do banco) are standard 3 digit codes which are agreed among all banks in Brazil, to make it easier, faster and safer to send and receive domestic and local payments.
ISPB codes are 8 digits long and - like the código do banco - ensure your money reaches the correct bank. ISPB codes are not always needed when sending a payment to Brazil, as the 3 digit bank code is more commonly used (where one exists).
What are the Brazil bank codes used for?
Bank codes are used whenever you send a local payment from one bank to another within Brazil, or if you’re sending an international transfer to an account held in a Brazilian bank.
The bank code is a reference used to check the payment goes to the right bank, making it easier to process transfers, and reducing delays and errors.
What other information will you need when making a TED or DOC transaction?
If you’re sending a payment to someone in Brazil, you’ll need to give some details to make sure the payment goes to the right account. Each bank or money transfer service will have their own specific process for making a TED or DOC transfer - but the basic information required will be the same. You can expect to need to provide:
- Your recipient’s name as shown on their bank account
- Recipient’s bank name, branch address and account number
- Account type - checking or savings
- Bank code (número do banco or código do banco) - or in some cases, the ISPB number - the Identificador do Sistema de Pagamento Brasileiro
- Recipient’s tax identification number (CPF or CNPJ)
Depending on the payment type you might also need to provide a reason for the transfer, or the Código Compe (check clearing code).