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SWIFT Code for NOVO BANCO CONTINENTAL S.A. in Brazil

COMEBRRSXXX

The primary BIC/SWIFT code for NOVO BANCO CONTINENTAL S.A. in Brazil is COMEBRRSXXX. This code is used to identify the bank as a whole during international financial transactions.

Bank Information
COMEBRRSXXX
Bank Name NOVO BANCO CONTINENTAL S.A.
Bank Address RUA URUGUAI, 155, ROOM 1308, FLOOR, 13 EDIFICIO COMENDADOR AZE PORTO, ALEGRE, RIO GRANDE DO SUL
City PORTO ALEGRE
Postcode 90010-140
Country
๐Ÿ‡ง๐Ÿ‡ท Brazil
Bank Code COME
Country Code BR
Location Code RS
Branch Code XXX

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Sending Money to NOVO BANCO CONTINENTAL S.A. in PORTO ALEGRE

Follow these three steps to ensure your international wire transfer reaches the correct account at the PORTO ALEGRE branch without delays or hidden intermediary fees.

  1. Step 1: Collect Recipient Details. You will need the full legal name of the account holder and their IBAN (International Bank Account Number). For Brazil, IBANs typically start with the prefix BR.
  2. Step 2: Enter the SWIFT/BIC Code. When prompted by your banking app or wire service, enter COMEBRRSXXX. This unique 11-character identifier ensures the funds are routed specifically to the NOVO BANCO CONTINENTAL S.A. systems in PORTO ALEGRE.
  3. Step 3: Confirm the Transfer Method. If you are sending from within Europe, select SEPA for lower fees and faster delivery. For transfers from outside the EU (e.g., USA, India, or Australia), ensure you select SWIFT/International Wire and double-check if your bank requires an intermediary bank for Brazil transactions.

Where can I find my SWIFT/BIC code?

You can find your SWIFT/BIC code in several easy-to-locate places:

  • On your bank statements, either printed or online.
  • Inside your online banking portal, under account information.
  • On your bank’s official website, usually in their international banking or FAQ section.
  • By directly contacting your bank’s customer service.

Online resources like SWIFT Codes Finder can be really helpful.

Example of transaction information

  1. Beneficiary Name: [Recipient Name]
  2. Bank: [Bank Name]
  3. SWIFT/BIC Code: [SWIFT Code]
  4. Bank Address: [Street, City, Country]
  5. Account Number/IBAN: [Account Number or IBAN]

Frequently Asked Questions

Is COMEBRRSXXX the correct code for all NOVO BANCO CONTINENTAL S.A. branches?

No. While many banks use a "Head Office" code ending in XXX, the code COMEBRRSXXX is specifically assigned to the PORTO ALEGRE location. Using this specific 11-character code helps the bank’s automated systems credit the recipient’s account faster than using a generic national code.

Can I use this code for a SEPA transfer to Brazil?

Yes. If you are sending Euro-denominated funds from another SEPA-member country, you can use this BIC/SWIFT code alongside the recipient’s IBAN. However, most modern European banks only require the IBAN to route SEPA payments automatically.

How long does a transfer to NOVO BANCO CONTINENTAL S.A. usually take?

International transfers to NOVO BANCO CONTINENTAL S.A. using the SWIFT network typically take 1 to 3 business days. Factors that can cause delays include:

  • Time zone differences between the sender and Brazil.
  • Local public holidays in Brazil.
  • Required "Know Your Customer" (KYC) checks for large amounts.

Are there fees for receiving money at the PORTO ALEGRE branch?

Most banks in Brazil charge an "Incoming Wire Fee" for international transfers. For NOVO BANCO CONTINENTAL S.A., these fees vary based on the account type but typically range from a small flat fee to a percentage of the total. It is recommended to send funds using the "OUR" instruction if you want the recipient to receive the exact amount sent.

What happens if I use the wrong SWIFT code?

If you use a code for a different branch of NOVO BANCO CONTINENTAL S.A., the money will usually still arrive but may be delayed by 24–48 hours as it is manually rerouted. If you enter a completely incorrect code, the funds will likely be returned to your account within 5–10 business days, minus any processing fees.

Do I need a NOVO BANCO CONTINENTAL S.A. SWIFT code for international money transfers?

Yes. If you are sending money from abroad to an account at NOVO BANCO CONTINENTAL S.A., you will almost certainly need their SWIFT code (also known as a BIC).

The SWIFT code COMEBRRSXXX acts as a digital address for the PORTO ALEGRE branch. Without it, the sending bank won’t know which specific institution in Brazil should receive the funds, which often leads to the transfer being rejected or stuck in "limbo". However, the requirements change slightly depending on where the money is coming from:

  • Transfers from outside the EU/EEA (e.g., USA, Canada, India): A SWIFT code is mandatory. You must provide COMEBRRSXXX along with the recipient’s name and IBAN.
  • Transfers from within Europe (SEPA): If the sender is in a SEPA-member country, many modern banks only require the IBAN. However, providing the SWIFT code COMEBRRSXXX is still recommended as a backup to ensure the transfer is routed instantly to the PORTO ALEGRE branch.
  • Domestic Transfers: If you are sending money from another bank inside Brazil, you typically do not need a SWIFT code; a local account number or IBAN is sufficient.

Pro Tip: Always double-check the 8th and 11th characters. For NOVO BANCO CONTINENTAL S.A., using the specific branch code COMEBRRSXXX instead of the generic head office code ensures the money hits the correct local ledger in PORTO ALEGRE without manual intervention.