JOINT-STOCK COMMERCIAL BANK RYSGAL, ASHKHABAD - SWIFT/BIC Code

JOINT-STOCK COMMERCIAL BANK RYSGAL, ASHKHABAD - SWIFT Code Information

SWIFT Code / BIC

RYSGTM2A

Bank / Institution

JOINT-STOCK COMMERCIAL BANK RYSGAL

Address

81 B.S.TURKMENBASHY ABENUE

City

ASHKHABAD

Postcode

744017

Country

Turkmenistan

Connection

Active

RYSGTM2A - SWIFT Code Breakdown

SWIFT Code

RYSGTM2A or RYSGTM2AXXX

Bank Code

RYSG - code assigned to JOINT-STOCK COMMERCIAL BANK RYSGAL

Country Code

TM - code belongs to Turkmenistan

Location & Status

2A - represents location, second digit means active code

Branch Code

XXX or not assigned, indicating this is a head office

What is a SWIFT Code RYSGTM2A?

A 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.