Swift Code Finder. BIC Code Finder


  • EXPRESS BANK MAKHACHKALA, RUSSIA SWIFT CODE

    Country : RUSSIA
    City : MAKHACHKALA
    Branch :
    Swift Code / BIC Code: EXPERU21
    Address : ABUBAKAROVA, 92





    What is a SWIFT Code / BIC code?

    Business Identifier Codes (BIC) has been developed by Society for Worldwide Interbank Financial Telecommunication (SWIFT) to identify banks and financial institutions globally. That is why BIC Codes are also known as SWIFT Codes.SWIFT Codes / BIC Codes are used for transferring money between banks of different countries or SEPA payments. Banks also use these codes for exchanging financial messages.

    SWIFT Code / BIC Code is formed of 8 or 11 characters in following system:

    • First four characters in the SWIFT Code / BIC Code from left depicts bank code. In the case of EXPRESS BANK the first four characters from left EXPE indicates that it is EXPRESS BANK.
    • Characters 5-6 from left in the SWIFT Code / BIC Code, depicts Country code of the bank. In the case of EXPRESS BANK characters 5 and 6 from left RU indicates that bank is in RUSSIA. It means that all the banks located in RUSSIA will have RU at 5th and 6th place from left in their Swift Codes / BIC Codes.
    • Characters 7-8 from left in the SWIFT Code / BIC Code, depicts City Code of the Bank. In the case of EXPRESS BANK characters 7 and 8 from left 21 indicates that bank is in MAKHACHKALA. It means that all the branches of EXPRESS BANK located in MAKHACHKALA will have 21 at 7th and 8th place from left in their Swift Codes / BIC Codes.
    • Characters 9-11 from left in the SWIFT Code / BIC Code, depicts Branch Code of the Bank.In the case of EXPRESS BANK the length of SWIFT Code is 8 Characters, means EXPRESS BANK it has no other branch in MAKHACHKALA.

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