IDEA BANK SA, BUCHAREST - SWIFT/BIC Code

IDEA BANK SA, BUCHAREST - SWIFT Code Information

SWIFT Code / BIC
ROINROBU
Bank / Institution
IDEA BANK SA
Address
HERMES BUSINESS CAMPUS, FLOOR 6, BD DIMITRIE POMPEI 5-7
City
BUCHAREST
Postcode
020335
Country
Romania
Connection
Active
ROINROBU - SWIFT Code Breakdown
SWIFT Code
ROINROBU or ROINROBUXXX
Bank Code
ROIN - code assigned to IDEA BANK SA
Country Code
RO - code belongs to Romania
Location & Status
BU - represents location, second digit means active code
Branch Code
XXX or not assigned, indicating this is a head office

What is a SWIFT Code ROINROBU?

SWIFT Code is a standard format of Bank Identifier Code (BIC) used to specify a particular bank or branch. These codes are used when transferring money between banks, particularly for international wire transfers. Banks also use these codes for exchanging messages between them.

SWIFT codes comprise of 8 or 11 characters. All 11 digit codes refer to specific branches, while 8 digit codes (or those ending in 'XXX') refer to the head or primary office. SWIFT codes are formatted as follows:

AAAA BB CC DDD

  • First 4 characters - bank code (only letters)
  • Next 2 characters - ISO 3166-1 alpha-2 country code (only letters)
  • Next 2 characters - location code, passive participant will have "1" in the second character (letters and digits)
  • Last 3 characters - branch code, optional - 'XXX' for primary office (letters and digits)

The registrations of SWIFT Codes are handled by Society for Worldwide Interbank Financial Telecommunication (“SWIFT”) and their headquarters is located in La Hulpe, Belgium. SWIFT is the registered trademark of S.W.I.F.T. SCRL with a registered address at Avenue Adèle 1, B-1310 La Hulpe, Belgium.

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