Credit Suisse SWIFT Code: CRESCHZZ

Credit Suisse SWIFT Code: CRESCHZZ

The SWIFT/BIC code for Credit Suisse is CRESCHZZ. CRES identifies Credit Suisse, CH stands for Switzerland, and ZZ is the location code for Zurich. This code was used for the bank's head office operations.

Credit Suisse was acquired by UBS in June 2023 following a period of financial instability. The SWIFT code CRESCHZZ may still appear in existing banking records and payment instructions during the integration period, but new transfers are increasingly routed through UBS (UBSWCHZH).

Wire Transfers and the UBS Transition

During the integration of Credit Suisse into UBS, existing Credit Suisse accounts and SWIFT routing continue to function. However, account holders should confirm current payment instructions with their relationship manager, as account numbers and routing details are being migrated to UBS systems.

Historically, international wires to Credit Suisse settled within 1 to 2 business days for CHF and EUR transfers. The same timelines apply during the transition period.

Credit Suisse Fee Structure

Credit Suisse historically charged CHF 20 to CHF 60 for international wire transfers, depending on the currency and transfer amount. As accounts migrate to UBS, fee structures are being aligned with UBS pricing.

Like UBS, Credit Suisse processed international wires as SWIFT transfers rather than SEPA payments, since Switzerland is not part of the eurozone or the SEPA network.

How Slash fits in

Slash gives you real-time visibility into every international payment, including wires routed through Credit Suisse or UBS. Auto-categorization and accounting sync keep your financial records accurate during transitions like bank mergers.