Working through the transition together.
Guidance, tools and dedicated support to help you process payments successfully.
Account format details for online transfers†
†The banking details provided are intented to facilitate transfers between local financial institutions. While every effort has been made to ensure accuracy, successful processing remains subject to the systems, procedures and requirements of all participating institutions. Delays or other processing issues may occasionally occur.
Transfers to Scotiabank®
- Most account numbers were originally between 1 and 9 digits in length.
- The former Independence Square account numbers were originally between 1 and 8 digits in length.
Historically, Scotiabank utilized overlapping account number ranges across multiple branches. As a result, identical account numbers may have existed at different locations. Without the correct branch prefix (or another identifying detail), there is a risk that funds could be credited to the incorrect customer.
Accordingly, it is critical that the correct branch identifier is included when processing payments or transfers.
Please see Table 1 below outlining the closed/merged transits and their respective existing transits. This reflects where the accounts from the closed or merged locations have been transitioned.
For example, the Black Rock, Independence Square, and Rockley accounts have all been consolidated into Broad Street. Additionally:
- Holetown accounts have been consolidated into Warrens
- Wildey accounts have been consolidated into Haggatt Hall
| Table 1 | |
| Closed/Merged Transits | Existing transit |
| Black Rock (80655), Independence Square (21295), Rockley (70565) | Broad Street (40055) |
| Holetown (63685) | Warrens (36285) |
| Wildey (62935) | Haggatt Hall (66555) |
Following the closure of the former Scotiabank (SBL) branches, account numbers were updated by adding a designated prefix to the original number. This adjustment resulted in account numbers being formatted as either 8 digits (for Independence Square accounts only) or 9 digits (for all other branches), as outlined below:
- Wildey, Black Rock, Independence Square, and Holetown
- Prefix: 10 – 1000000 (e.g., Account 123456 becomes 10123456)
- Rockley
- Prefix: 20 – 2000000 (e.g., Account 123456 becomes 20123456)
To ensure funds are credited to the correct account, the appropriate branch prefix must always be included when providing or processing account numbers. The specific branch transit (as outlined above) must also be entered in the appropriate field for all transfers to Scotiabank accounts.
Transfers to other banks
| Bank | Details |
| Royal Bank of Canada |
|
| Barbados Public Workers Cooperative Credit Union (BPWCCUL) |
|
| AffinityPlus Credit Union Ltd (formerly BWU Co -operative Credit Union Ltd) |
|
| City of Bridgetown Co -Op Credit Union |
|
| First Citizens |
|
| CIBC Caribbean |
|
| Sagicor Bank |
|
| Republic Bank (Barbados) Limited |
|
| Accountant General’s Office |
|
| Barbados Stock Exchange (BSE) |
|
| Central Bank of Barbados |
|