|SWIFT Code||FAVSCHGGCLS Send Money|
|Money Transfer||Save on international fees by using Wise|
|Receive Money||Get paid at the real exchange rate by using Wise|
|Address||BD GEORGES-FAVON , 6|
|Bank Code||FAVS - code assigned to COMPENSWISS|
|Country Code||CH - code belongs to Switzerland|
|Location Code||GG - code represents the institution location|
|Code Status||G - G means active code|
|Branch Code||CLS - code indicates this is a branch office|
|Head Office||FAVSCHGG - primary office of COMPENSWISS, Switzerland|
SWIFT Codes for Main Switzerland Banks
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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About SWIFT Codes
SWIFT/BIC codes are used to identify specific banks and branches in international money transfers, making sure your money gets to the right place. These codes are used by banks to process international wire transfers and messages.
All SWIFT codes consist of 8 or 11 characters. An 11 digit code refers to a specific branch, while an 8 digit code (or one ending in 'XXX') refers to the bank's head office. SWIFT code registrations are handled by the Society for Worldwide Interbank Financial Telecommunication (SWIFT). The term SWIFT is often used interchangeably with BIC, which stands for Bank Identifier Code.
The SWIFT code tool is provided for informational purposes only. Whilst every effort is made to provide accurate data, users must acknowledge that this website accepts no liability whatsoever with respect to its accuracy. Only your bank can confirm the correct bank account information. If you are making an important or time-critical payment, we recommend you contact your bank first.