The SWIFT/BIC code BSCTCH22LOC is associated with BANCA DELLO STATO DEL CANTONE TICINO in LOCARNO, Switzerland. It helps identify the financial institution when processing certain international payments and wire transfers.
The final three characters, LOC, identify a specific branch. Confirm that this branch matches the recipient account before sending money.
A SWIFT/BIC code identifies the bank, but it does not replace the recipient name, account number, IBAN where applicable, or any additional information requested by the sending bank.