Understanding Bank Central Asia and Its SWIFT Code

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Bank Central Asia, or BCA, is a leading bank in Indonesia. It was founded in 1957.

BCA offers a wide range of financial services, including personal banking, corporate banking, and investment banking. Its services cater to the needs of individuals and businesses alike.

One of the essential details for international transactions is the SWIFT code. BCA's SWIFT code is BICBIDJX.

About Bank Central Asia

Bank Central Asia was founded in 1895 by a Dutchman named Cornelis Tak, and it has been a major player in Indonesia's banking industry for over a century.

It was initially established as a small bank in Jakarta, but it quickly grew and expanded its services to cater to the needs of the local community.

The bank's early success was largely due to its innovative approach to banking, which included providing services to small businesses and individuals who were previously overlooked by traditional banks.

Today, Bank Central Asia is one of the largest banks in Indonesia, with a vast network of branches and ATMs across the country.

With a strong focus on customer service, the bank has managed to build a loyal customer base and establish itself as a trusted financial institution in the region.

SWIFT Code Information

Credit: youtube.com, How To Get Bank Central Asia of Indonesia SWIFT CODE (BIC) | Payment Guide

SWIFT codes for Bank Central Asia (BCA) can be found online, and each branch has a unique code.

You can use the head office SWIFT code as a backup if you can't find the branch code.

Using the head office SWIFT code will still allow your payment to reach your account.

What is a SWIFT Code?

A SWIFT code is a unique code that identifies a bank and its branch. It's required when making international transfers.

If you're making an international transfer to a Bank Central Asia (BCA) bank account, you'll be asked for a BIC/SWIFT code. This code is essential for the transfer to go through.

A SWIFT code is used to facilitate international transactions between banks. It's like a secret password that helps banks talk to each other.

You'll need to provide the SWIFT code along with the bank address when making an international transfer. This information is crucial for the transfer to be successful.

Using a SWIFT code can help you avoid slow and expensive traditional bank transfer methods.

Do SWIFT Codes Vary by Branch?

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Each Bank Central Asia (BCA) branch has a unique SWIFT code.

You can check the correct SWIFT codes for your Bank Central Asia (BCA) branch online.

If you're not sure, or can't find the branch code, you can use the 8 character head office SWIFT code.

Your payment will still make its way to your account using the head office SWIFT code.

Investments and Shareholders

Bank Central Asia has been actively involved in investments, as seen in their activity with Silot. On October 1, 2019, they invested $0.5M in a Series A - III round for the company.

One notable aspect of this investment is that it was a new investment for Bank Central Asia, as indicated by the "Yes" answer in the "New?" column.

Bank Central Asia was the sole co-investor in this round, with no other co-investors mentioned in the sources.

Institutional Shareholders

Institutional shareholders play a significant role in the ownership of companies. The Vanguard Group, Inc. holds 2.12 billion shares, which is 1.72% of the total.

Credit: youtube.com, WHAT IS AN INSTITUTIONAL INVESTOR? Straight to the Point #STTP #93

One of the largest institutional shareholders is Fidelity Management & Research Co. LLC, with 2.08 billion shares held, accounting for 1.69% of the total. GIC Pte Ltd. (Investment Management) is another significant shareholder, with 1.77 billion shares held, representing 1.44% of the company.

Here is a list of the top institutional shareholders:

Some institutional shareholders have increased their shareholdings in recent times. Norges Bank Investment Management, for instance, has bought 197.40 million shares, representing a 19.92% increase in their holdings.

Select Symbol

Selecting the right symbol is a crucial step in investing. The symbol you choose will determine the stock you're investing in, and it's essential to get it right.

You can select a symbol from various exchanges, including the Indonesia Stock Exchange, the German exchanges (Berlin, Munich, and Stuttgart), the Frankfurt Stock Exchange, and the Dusseldorf Stock Exchange. You can also choose from the United States' Pink Sheets and Grey Market.

Here are some specific symbols to consider:

  • BBCA:JKT for Indonesia
  • BZG2:BER for Germany's Berlin Stock Exchange
  • PBCRF:PKL for the United States' Pink Sheets

These symbols will give you access to various stocks and allow you to track their performance.

Frequently Asked Questions

Is BCA from Indonesia?

Yes, BCA is a bank based in Indonesia, specifically headquartered in Jakarta.

Is BCA a private bank?

Yes, BCA is a private bank. It was established in 1957.

What is the bank code for Bank Central Asia?

The SWIFT/BIC code for Bank Central Asia (BCA) is CENAIDJAXXX. However, note that different codes may apply for specific banking services.

How to transfer money to BCA bank in Indonesia?

To transfer money to BCA bank in Indonesia, create an account through our website or mobile app and follow the on-screen instructions to send funds to a recipient. Simply select the currency, amount, and delivery speed to complete the transfer.

Matthew McKenzie

Lead Writer

Matthew McKenzie is a seasoned writer with a passion for finance and technology. He has honed his skills in crafting engaging content that educates and informs readers on various topics related to the stock market. Matthew's expertise lies in breaking down complex concepts into easily digestible information, making him a sought-after writer in the finance niche.

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