Code of Sicoob Bank for TED: which one to use?

Sicoob is the largest system of financial cooperatives in Brazil. Founded in 1992, it offers a wide range of financial products and services, including checking accounts, savings accounts, credit, investments, insurance, credit and debit cards, and electronic payment methods.

If you need to make a TED or DOC transfer to the Banco Sicoob, the required bank code is 756.

Learn more about bank transfers at Sicoob by following our article.

• Code for national transfers (COMPE)
• Code for international transfers (Swift or Bic)
• Iban Code

Banco Sicoob: how do TED and DOC work?

Sicoob, like other Brazilian banks, must follow the rules set forth by the Central Bank. Therefore, TED and DOC transactions operate as follows:

Please note that there is a fee for this type of transfer. So, if possible, use PIX, which is free through Sicoob.

How do I make TED and DOC transfers through Banco Sicoob?

See how you can make TED and DOC transfers through Banco Sicoob in a very simple way:

Sicoob Mobile App

1. Open the Sicoob Mobile app and log in with your password.
2. Tap “Downloads”.
3. Choose between “TED” or “DOC”.
4. Enter the beneficiary's details, including name, CPF or CNPJ, account number and branch.
5. Enter the transfer amount.
6. Enter your password again to confirm the transfer.

Internet banking

1. Access the Banco Sicoob website and log in with your password.
2. Click on “Services”.
3. Choose “Transfers”.
4. Choose between “TED” or “DOC”.
5. Enter the beneficiary's details, including name, CPF or CNPJ, account number and branch.
6. Enter the transfer amount.
7. Click “Confirm”.

ATM

1. Go to a Banco Sicoob ATM.
2. Enter your card and password.
3. Select the “Transfers” option.
4. Choose between “TED” or “DOC”.
5. Enter the beneficiary's details, including name, CPF or CNPJ, account number and branch.
6. Enter the transfer amount.
7. Confirm the transfer.

How much does a transfer cost at Banco Sicoob?

The transfer via TED or DOC at Sicoob will depend on the following factors: how the transfer is made (in person, ATM or internet) and the type of account you have (individual or legal entity).

See the average rates for these operations:

• TED/DOC internet: R$ 5.00 per operation.
• TED/DOC ATM: R$ 8.00 per operation.
• TED/DOC in person: R$ 12.00 per operation.

Sicoob Bank COMPE Code

The COMPE code is used when you want to make a transfer via TED or DOC to Sicoob.

An alternative to this, and less used, is the ISPB, which also has the same function.

To ensure you can make your transfers correctly to Sicoob bank, check out the two codes you need to know when making your transfers:

• COMPE Code: 756
• ISPB Code: 2038232

Sicoob Swift Bank Code or BIC

If you want to make international transactions, receiving money from abroad, you need to send the transferee a Swift code, or BIC code. This code ensures the money arrives in the correct account.

Check out Sicoob's Swift code to receive your money:

• Sicoob Bank Swift Code: 2038232

Sicoob Bank IBAN Code

The Sicoob Bank IBAN code is required when you need to send money abroad. The IBAN code is unique to each account and can be obtained very easily.

To obtain Sicoob's IBAN, you can:

• Consult your account opening agreement;
• Contact Sicoob customer service;
• Access Sicoob internet banking and click on the “My IBAN” option.

The IBAN is required to carry out international transactions such as bank transfers and online payments.

Frequently Asked Questions

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