Romania Bank Swift Code and BIC Code
What is Romania SWIFT Code?
SWIFT code is a standard format of Bank Identifier Codes (BIC) and serves as a unique identifier for a bank or financial institution.
These codes are used when transferring money between banks, particularly for international wire transfers. On top of that, the code is used to transmit messages between financial institutions and banks in the Romania.
The SWIFT code can be either 8 or 11 characters long and 8 digits code refers to the primary office. The format of SWIFT Code is as follows;
AAAA RO CC DDD
- The first 4 characters ("AAAA") specify the bank. Only letters are allowed.
- The next 2 characters ("RO") specify the country. It use the format of ISO 3166-1 alpha-2 country code.
- The next 2 characters ("CC") specify the location. Letters and digits are allowed. Passive participant will have "1" in the second character
- The last 3 characters ("DDD") specify the branch. This is an optional. A 'XXX' refer to primary office. Letters and digits are allowed.
Romania is a country located at the crossroads of Central, Eastern, and Southeastern Europe. It shares land borders with Bulgaria to the south, Ukraine to the north, Hungary to the west, Serbia to the southwest, and Moldova to the east and has its opening to the Black Sea. It has a predominantly temperate-continental climate. With a total area of 238,397 square kilometres, Romania is the 12th-largest country in Europe and the 7th most populous member state of the European Union, having approximately 20 million inhabitants. Its capital and largest city is Bucharest. Other major urban areas include: Cluj-Napoca, TimiÈ™oara, IaÈ™i, ConstanÈ›a, Craiova, BraÈ™ov, and GalaÈ›i.