What is a SWIFT Code / BIC Code?

SWIFT-BIC, BIC code, SWIFT ID or SWIFT code (ISO 9362) is a standard format of Business Identifier Codes approved by the International Organization for Standardization (ISO). It is a unique identification code for both financial and non-financial institutions. The acronym SWIFT stands for the Society for Worldwide Interbank Financial Telecommunication. When assigned to a non-financial institution, the code may also be known as a Business Entity Identifier or BEI. These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks. The codes can sometimes be found on account statements.

The overlapping issue between ISO 9362 and ISO 13616 is discussed in the article International Bank Account Number (also called IBAN). The SWIFT network does not require a specific format for the transaction so the identification of accounts and transaction types is left to agreements of the transaction partners. In the process of the Single Euro Payments Area the European central banks have agreed on a common format based on IBAN and BIC including an XML-based transmission format for standardized transactions; the TARGET2 is a joint gross clearing system in the European Union that does not require the SWIFT network for transmission (see EBICS). The TARGET-directory lists all the BICs of the banks that are attached to the TARGET2-network being a subset of the SWIFT-directory of BICs.

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Search / Browse Swift Codes in RUSSIAN FEDERATION - (RU BIC Code)

Below you can browse through all available bank swift codes in RUSSIAN FEDERATION (RU BIC Codes).

Swift Codes in RUSSIAN FEDERATION will help you to find the bank and branch swift code you're looking for in order to send or receive money via Bank Wire Transfer.

BIC codes (RU BIC code) is the same as Bank SWIFT code. These SWIFT codes will appear as an 8 to 11 character string (unique identifier) that relays information such as the country and bank of origin.

This page contains a list of international swift codes for banking messages and sepa, direct debit and credit funds transfers. The unique bank swift codes page helps offshore an homeland companies do euro and dollar business payments and bank transfers using the swift library.