We are pleased to advise that effective March 1, 2021, our new Bank Identification Code (BIC) for US dollar transactions will be ready for use.
The BIC is Republic Bank’s unique code that enables your wire transfers to be efficiently processed whether you are sending or receiving money, anywhere in the world.
What does this mean for you?
• Simplified wire routing instructions
• Faster wire processing time for incoming wires
• Seamless US dollar payments and receipts
We are working with all stakeholders to allow for as smooth and efficient of a transition as possible. To achieve this, we are requesting your action as follows:
• Click here to obtain the new US dollar instructions for incoming and/or outgoing wire transfers.
• For incoming wire instructions, advise all persons who send funds to you of the new routing instructions.
For further enquiries, please feel free to contact our service representatives at the branch.