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XCD – East Caribbean Dollar

Overview

Concerned countries: Anguilla, Antigua & Barbuda, Dominica, Grenada, Montserrat, Saint Kitts & Nevis, Saint Lucia and Saint Vincent & Grenadines.

XCD is considered to be a restricted currency, which implies an inherent limitation to the tradability of this currency. Fund transfers in XCD are not allowed outside of the Eastern Caribbean.

Currency Guidelines

Besides the standard information, the IBAN format, the full name (written out in full, without initials, abbreviations or acronyms) and the physical full address of the beneficiary are mandatory.

A clear reason / purpose of payment is mandatory and consists of a full written description (in English) of the nature of payment to be provided in the remittance information. For example: providing an invoice number without guiding text is considered as insufficient and can result in errors or delays.

Example: Payment of travel expenses – invoice n° 123456789

It is recommended as well to provide the beneficiary’s telephone number in the remittance information.

Instructions, technical guidelines & more

To consult the Technical Guidelines of this currency, click here

TECHNICAL GUIDELINES
Additional information

• Available charge options: OUR/SHA/BEN

• Central bank of Eastern Caribbean: http://www.eccb-centralbank.org/