I am trying to transfer funds from my account in Europe to my account in Canada. On the sending (European) bank's transfer instruction form there is a field I need to fill-in in the beneficiary's section called "Account no./IBAN". Canadian banks do not use IBAN so I can't use that number format.
There are a number of different prefixes you could include in and formats you can use to create an account number. I've seen formats with branch and/or institution numbers prefixed with and without a leading zero. I've seen a format with a
/xxx suffix where
xxx is the institution number. There seem to be many possibilities here and I'd like to get this right.
What Canadian account number format do European banks need to transfer money to Canadian accounts?
"Why don't you just ask the sending bank for clarification?"
My usual strategy is to ask the sending bank for clarification. However, the bank in Europe has become increasingly difficult to deal with. At this point they will only communicate by lettermail and seem to be deliberately unhelpful in their correspondences. Many fellow expatriates of the same country have reported the same problem. It seems that their banking climate has changed such that they no longer want non-resident clients. Instead of just asking us to close our accounts, they just serve us with extreme reluctance.