Desjardins SWIFT Code: CCDQCAMM

Desjardins SWIFT Code: CCDQCAMM

The SWIFT/BIC code for Desjardins Group (Caisse centrale Desjardins) is CCDQCAMM. CCDQ identifies Desjardins, CA stands for Canada, and MM is the Montreal location code. This code routes international wire transfers to Desjardins accounts.

Desjardins is the largest cooperative financial group in North America, with over 7 million members and $414 billion in total assets. Unlike traditional banks, Desjardins is owned by its members through a network of 212 local caisses (credit unions) across Quebec and Ontario.

Quebec's Cooperative Banking Model

Desjardins was founded in 1900 by Alphonse Desjardins to provide affordable credit to Quebec's working class. Today it dominates Quebec financial services — roughly 40% of Quebec residents bank with Desjardins. The cooperative model means profits are returned to members as dividends rather than to shareholders.

International wire transfers to any Desjardins caisse route through the central CCDQCAMM code. Incoming wires cost CAD 15 to CAD 35. The bank processes CAD, USD, EUR, and GBP transfers directly; other currencies may route through correspondent banks.

CAD Agricultural and Community Finance

Desjardins is the largest agricultural lender in Quebec, financing dairy, grain, and maple syrup producers. International wire transfers for agricultural export payments (Quebec produces roughly 70% of the world's maple syrup) frequently settle through CCDQCAMM.

The cooperative's insurance and wealth management arms (Desjardins Insurance, Desjardins Wealth Management) also generate international wire traffic. Cross-border investment flows between Quebec and France are particularly common given linguistic and cultural ties.

How Slash fits in

Slash connects your Desjardins accounts to your broader treasury view. CAD agricultural export payments and cross-border flows between Quebec and international markets are captured alongside your other Canadian banking data.