ALEF-BANK SWIFT code ALFARUM1001 is the unique business identifier code (BIC) for its NIZHNIY NOVGOROD BRANCH located in NIZHNIY NOVGOROD, RUSSIA, and this is used for cross-border interbank financial transactions using the SWIFT network.
A SWIFT code helps to identify the country, bank, and branch an account is registered to. This code is particularly useful when sending or receiving the money to a particular bank account overseas, and you want to make sure that the funds go to the right destination.
However, always make sure to confirm the correct swift details with your bank or the recipients before making the transfer to avoid any mistake in the money transfer process.
ALFARUM1001 - ALEF-BANK, NIZHNIY NOVGOROD - SWIFT (BIC) CODE DETAILS
|Swift Code (8-digits)||ALFARUM1|
|Branch Name||NIZHNIY NOVGOROD BRANCH|
|Address||PISKUNOVA UL. 45|
ANALYSIS OF ALEF-BANK SWIFT CODE - ALFARUM1001
|Bank/Institution's Code||The first four-digit of the swift code "ALFA" is assigned to ALEF-BANK.|
|Country Code||The next two-digit "RU" is the country code for RUSSIA.|
|Location Code||The next two-digit "M1" is the location code, and that represents the office is located in NIZHNIY NOVGOROD.|
|Office Type||The last three-digit of the swift code "001" means that the office is a Branch Office of ALEF-BANK.|
This BIC database relies on the publicly available data at SWIFT's directory and last updated on February 24, 2020.