--- title: "Bermuda: financial institutions, SWIFT/BIC codes and licences | Elucidate" description: "64 institutions in Bermuda (as at 23 September 2026): 64 hold a SWIFT/BIC code and 0 do not." url: https://elucidate.co/directory/country/bm --- 1. [Directory](https://elucidate.co/directory) 2. [Countries](https://elucidate.co/directory/country) 3. Bermuda Country · North America # Bermuda Check who the institutions in Bermuda are: whether each holds a BIC, which register lists it and whether an LEI is mapped. No tracked register covers Bermuda, so every institution listed here holds a BIC. 64 Institutions Active · inactive not published 64 Hold a BIC 100% of institutions — On a tracked register Not covered by a tracked register 43 LEI mapped 67% of institutions 70 BIC codes Head offices and 6 branch codes ### Bermuda at a glance Every row is the same 64 institutions, split by one attribute Type - Financial institution 54 · 84% - Non-financial corporate 10 · 16% Identification - [BIC only](https://elucidate.co/directory/search?source=bic,noregister&cc=BM) 64 · 100% Regulation level - [Not on a tracked register](https://elucidate.co/directory/search?reg=none&cc=BM) 64 · 100% LEI - LEI mapped 43 · 67% - No LEI mapped 21 · 33% View as table | Attribute | Institutions | Share | | --- | --- | --- | | Type | | Financial institution | 54 | 84% | | Non-financial corporate | 10 | 16% | | Identification | | BIC only | 64 | 100% | | Regulation level | | Not on a tracked register | 64 | 100% | | LEI | | LEI mapped | 43 | 67% | | No LEI mapped | 21 | 33% | An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page. BIC data as at 23 September 2026 [Institutions](https://elucidate.co/directory/country/bm#institutions) [Regulation](https://elucidate.co/directory/country/bm#registers) [Headquartered here](https://elucidate.co/directory/country/bm#hq-firms) [Groups](https://elucidate.co/directory/country/bm#groups) [Payments](https://elucidate.co/directory/country/bm#payments) [BIC codes](https://elucidate.co/directory/country/bm#bics) ## Institutions in Bermuda The first 25 of 64 institutions in Bermuda, with or without a BIC: prudentially supervised and larger institutions first. No OFAC or EU listing cites an institution in Bermuda. - [HSBC Bank Bermuda Limited BIC BBDABMHM Financial institution Not on a tracked register Bermuda · Not on a tracked register · LEI 0W1U67PTV5WY3WYWKD79](https://elucidate.co/directory/hsbc-bank-bermuda-limited-bbdabmhm) - [Microsoft Global Finance BIC MSFTBMH1 Financial institution Not on a tracked register Bermuda · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/microsoft-global-finance-msftbmh1) - [Boston Re LTD BIC BOSRBMHM Financial institution Not on a tracked register Bermuda · Not on a tracked register · LEI 549300TB5TLVU3CHO563](https://elucidate.co/directory/boston-re-ltd-bosrbmhm) - [G-Trade Services Llc. BIC GTRDBMH1 Financial institution Not on a tracked register Bermuda · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/g-trade-services-llc-gtrdbmh1) - [Altree Financial Group Ltd. BIC ALCUBMH1 Financial institution Not on a tracked register Bermuda · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/altree-financial-group-ltd-alcubmh1) - [Apex Fund Services LTD BIC APUSBMH1 Financial institution Not on a tracked register Bermuda · Not on a tracked register · LEI 549300XUI2AYZNEJ0Y70](https://elucidate.co/directory/apex-fund-services-ltd-apusbmh1) - [Arch Reinsurance Ltd. BIC ARNUBMHP Financial institution Not on a tracked register Bermuda · Not on a tracked register · LEI 549300J3KKX1PEJGDW36](https://elucidate.co/directory/arch-reinsurance-ltd-arnubmhp) - [Ariel Re Bermuda Limited BIC ARBMBMH1 Financial institution Not on a tracked register Bermuda · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/ariel-re-bermuda-limited-arbmbmh1) - [Arrow Reinsurance Company, Limited BIC ARRMBMH1 Financial institution Not on a tracked register Bermuda · Not on a tracked register · LEI T558DTCZ76WU46MG6W68](https://elucidate.co/directory/arrow-reinsurance-company-limited-arrmbmh1) - [Ascot Group Limited BIC ASORBMHM Non-financial corporate Not on a tracked register Bermuda · Not on a tracked register · LEI 213800DJV7WRJBE2II28](https://elucidate.co/directory/ascot-group-limited-asorbmhm) - [Axis Specialty Limited BIC AXSBBMHM Financial institution Not on a tracked register Bermuda · Not on a tracked register · LEI ZWLMVGRO8HNAFT1TJ507](https://elucidate.co/directory/axis-specialty-limited-axsbbmhm) - [Bermuda Commercial Bank LTD BIC BEOEBMH2 Financial institution Not on a tracked register Bermuda · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/bermuda-commercial-bank-ltd-beoebmh2) - [Bermuda Commercial Bank LTD BIC BPBKBMHM Financial institution Not on a tracked register Bermuda · Not on a tracked register · LEI 11FPWBB1JSKFHLRO8E15](https://elucidate.co/directory/bermuda-commercial-bank-ltd-bpbkbmhm) - [Bermuda Monetary Authority BIC BEMABMHM Financial institution Not on a tracked register Bermuda · Not on a tracked register · LEI 549300D618WKAUGSFT35](https://elucidate.co/directory/bermuda-monetary-authority-bemabmhm) - [Bermuda Stock Exchange LTD, the BIC XBDABMH1 Financial institution Not on a tracked register Bermuda · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/bermuda-stock-exchange-ltd-the-xbdabmh1) - [Beruda Trust CO. Ltd. BIC BERTBMH1 Financial institution Not on a tracked register Bermuda · Not on a tracked register · LEI 213800CWWS2B77LUJ848](https://elucidate.co/directory/beruda-trust-co-ltd-bertbmh1) - [Bolton Capital Partners International Limited BIC BCPNBMH1 Financial institution Not on a tracked register Bermuda · Not on a tracked register · LEI 549300N5SHPUHLUNQO46](https://elucidate.co/directory/bolton-capital-partners-international-limited-bcpnbmh1) - [Brummer Multi- Strategy 2xl (Bermuda) LTD BIC BRUBBMH2 Financial institution Not on a tracked register Bermuda · Not on a tracked register · LEI 213800YPZ1GNQBD19507](https://elucidate.co/directory/brummer-multi-strategy-2xl-bermuda-ltd-brubbmh2) - [Brummer Multi-Strategy (Bermuda) LTD BIC BRMDBMH2 Financial institution Not on a tracked register Bermuda · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/brummer-multi-strategy-bermuda-ltd-brmdbmh2) - [Btg Pactual Global Asset Management Limited BIC BPGTBMH1 Financial institution Not on a tracked register Bermuda · Not on a tracked register · LEI 549300IE7Q45PYC8TW17](https://elucidate.co/directory/btg-pactual-global-asset-management-limited-bpgtbmh1) - [Butterfield Trust (Bermuda) Limited BIC BNTBBMHS Financial institution Not on a tracked register Bermuda · Not on a tracked register · LEI 213800FMMB2ISWZBOH08](https://elucidate.co/directory/butterfield-trust-bermuda-limited-bntbbmhs) - [Cambuslang Investments Limited BIC CMILBMH1 Financial institution Not on a tracked register Bermuda · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/cambuslang-investments-limited-cmilbmh1) - [Castle Harbour Insurance Limited BIC CAHIBMH1 Financial institution Not on a tracked register Bermuda · Not on a tracked register · LEI 529900VTUKQO25EO0415](https://elucidate.co/directory/castle-harbour-insurance-limited-cahibmh1) - [Castle Harbour Securities Limited BIC TCCMBMH1 Financial institution Not on a tracked register Bermuda · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/castle-harbour-securities-limited-tccmbmh1) - [Catalina Holdings (Bermuda) LTD BIC CAHBBMH1 Non-financial corporate Not on a tracked register Bermuda · Not on a tracked register · LEI 54930020ZL9GSWZCE491](https://elucidate.co/directory/catalina-holdings-bermuda-ltd-cahbbmh1) [See all 64 institutions in Bermuda →](https://elucidate.co/directory/search?cc=BM) ## Regulation and supervision None of the 22 tracked registers covers Bermuda. All 64 institutions listed here hold a BIC; firms licensed only by Bermuda’s national authorities are not listed. ## Institutions headquartered here, registered elsewhere Two institutions registered in other countries give Bermuda as their head office. Each counts in the country of its register. - [STS Digital Limited No BIC Money service business AML registration only United States · Registered with FinCEN (FINCEN-MSB) · LEI 8945005WXWQZWIW5F864](https://elucidate.co/directory/sts-digital-limited-e2b50597d80a) - [Bidali International LTD. No BIC Crypto Money service business AML registration only Inactive since 30 November 2025 Canada · Registered with FINTRAC · M22361482 (FINTRAC-MSB) · No LEI mapped](https://elucidate.co/directory/bidali-international-ltd-ea51a3b5777c) [Search by head office: Bermuda →](https://elucidate.co/directory/search?hq=BM) ## Groups and systemic importance Institutions in Bermuda belong to 5 groups on the FSB’s 2025 list of global systemically important banks (G-SIBs). GLEIF records the head office of 11 corporate groups in the directory here. For 10 institutions here, GLEIF records a parent in another country. ### G-SIB groups FSB 2025 list; institutions here that hold a BIC, by group | Group | Bucket | Institutions here | | --- | --- | --- | | [Goldman Sachs](https://elucidate.co/directory/group/784F5XWPLTWKTBV3E584) | 2 | 2 | | [Bank of America](https://elucidate.co/directory/group/9DJT3UXIJIZJI4WXO774) | 3 | 1 | | [HSBC](https://elucidate.co/directory/group/MLU0ZO3ML4LN2LL2TL39) | 3 | 1 | | [Morgan Stanley](https://elucidate.co/directory/group/IGJSJL3JD5P30I6NJZ34) | 1 | 1 | | [Société Générale](https://elucidate.co/directory/group/O2RNE8IBXP4R0TD8PU41) | 1 | 1 | [See all 6 institutions in G-SIB groups →](https://elucidate.co/directory/search?cc=BM&flag=gsib) ### Largest other groups GLEIF consolidation groups, by legal entities (LEIs) in this country | Group | LEIs here | LEIs in the group | | --- | --- | --- | | [Everest Group, Ltd.](https://elucidate.co/directory/group/549300N24XF2VV0B3570) | 2 | 3 | | [Sompo Holdings, Inc.](https://elucidate.co/directory/group/353800CWW4SRGEYEB512) | 1 | 2 | | [Swiss Re AG](https://elucidate.co/directory/group/529900PS9YW3YY29F326) | 1 | 5 | | [Arch Capital Group Ltd.](https://elucidate.co/directory/group/549300AYR4P8AFKDCE43) | 1 | 3 | | [Nomura Holdings, Inc.](https://elucidate.co/directory/group/549300B3CEAHYG7K8164) | 1 | 39 | ### Groups headquartered here Largest of 11, by legal entities in the directory | Group | LEIs in the directory | | --- | --- | | [Marex Group Limited](https://elucidate.co/directory/group/254900V928MQRIAF8X79) | 9 | | [Aegon Ltd.](https://elucidate.co/directory/group/O4QK7KMMK83ITNTHUG69) | 6 | | [Invesco Ltd.](https://elucidate.co/directory/group/ECPGFXU8A2SHKVVGJI15) | 6 | | [Fil Limited](https://elucidate.co/directory/group/549300SGJNFISS8EB433) | 4 | | [Paysafe Limited](https://elucidate.co/directory/group/2138003K6PVDCI5TBN11) | 4 | [See all corporate groups →](https://elucidate.co/directory/group) ### Parents abroad Institutions here by the country of their GLEIF ultimate parent (else direct parent) - [United States5](https://elucidate.co/directory/country/us "United States: 5") - [Japan2](https://elucidate.co/directory/country/jp "Japan: 2") - [Switzerland1](https://elucidate.co/directory/country/ch "Switzerland: 1") - [France1](https://elucidate.co/directory/country/fr "France: 1") - [United Kingdom1](https://elucidate.co/directory/country/gb "United Kingdom: 1") GLEIF parents are accounting-consolidation relationships. They do not show ownership shares or control. ## Payments and connectivity Of the 64 institutions in Bermuda that hold a BIC, 42.2% are connected to Swift, as at 23 September 2026. ### Connection to Swift Institutions that hold a BIC, by connection type in Swift’s directory - Connected to Swift27 · 42.2% - Reverse billing4 · 6.3% - Passive participant (no connection)33 · 51.6% A BIC does not imply a connection to the Swift network. ## All BIC codes in Bermuda Look up any of the 70 BIC codes registered in Bermuda: the head offices and branch codes of the 64 institutions here that hold a BIC, with their LEIs and flags. [Download the list (JSON)](https://elucidate.co/data/banks/countries/BM.json) ## Other countries in North America The directory has pages for 3 other countries and territories in North America. [Canada](https://elucidate.co/directory/country/ca) [St. Pierre & Miquelon](https://elucidate.co/directory/country/pm) [United States](https://elucidate.co/directory/country/us) Sources & method Each institution counts once, in one country: the BIC country when it holds a BIC, otherwise the country of the register that lists it. Licences in other countries are shown on its page. Sanctions listings are matched on the BIC and on the LEI mapped to it, so they cover institutions that hold a BIC only. Institutions without a BIC are not screened. Always screen against the official lists. [Read the methodology →](https://elucidate.co/directory/methodology) Sources for this page - **Swift ISO 9362 BIC directory**—institutions and branch codes, mapped to LEIs through the Swift and GLEIF BIC-to-LEI relationship file. As at 23 September 2026 - **FSB 2025 list of global systemically important banks** · [FSB ↗](https://www.fsb.org/2025/11/2025-list-of-global-systemically-important-banks-g-sibs/) published 27 November 2025 - **GLEIF relationship records (Level 2)**—accounting consolidation as reported to GLEIF · [about Level 2 data ↗](https://www.gleif.org/en/lei-data/access-and-use-lei-data/level-2-data-who-owns-whom) as at 25 September 2026 ## Assess the financial crime risk behind a counterparty A BIC or a licence identifies an entity; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks and payment firms. [Read about the FinCrime Index](https://elucidate.co/ratings). [Book a demo](https://elucidate.co/demo-request) Licence and registration data are drawn from the public registers of the regulators named on each page and shown for information only; the official register is always the authority. LEIs and ownership are from GLEIF. Directory and gpi data are drawn from SWIFT's public sources. SWIFT, Swift gpi and UETR are trademarks of S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. Elucidate is not affiliated with, endorsed by or sponsored by SWIFT or any regulator named here. Elucidate does not provide payment or other financial services.