When sending money internationally to BRD – Groupe Societe Generale in Romania, ensuring the correct SWIFT/BIC code is crucial to avoid delays or failed transactions. This guide provides a detailed breakdown of BRD Bank’s SWIFT code, helping you navigate cross-border transfers with confidence.
BRD Bank’s SWIFT Code: Your Key to International Transfers
BRD – Groupe Societe Generale (commonly known as BRD Bank) is one of Romania’s leading financial institutions. Its primary SWIFT/BIC code, BRDEROBUXXX , serves as an essential identifier for international wire transfers, ensuring funds reach the intended destination securely.
Why Is a SWIFT/BIC Code Necessary?
A SWIFT/BIC code is a unique identifier used in international banking transactions. Comprising 8 to 11 characters, it specifies the bank and branch involved in the transfer. Providing an incorrect code may result in transaction failures, delays, or even lost funds—much like mailing a letter to the wrong address.
BRDEROBUXXX: BRD Bank’s Primary SWIFT Code
Below are the key details associated with BRD Bank’s primary SWIFT code:
- Bank Name: BRD – GROUPE SOCIETE GENERALE SA
- SWIFT Code: BRDEROBUXXX
- Address: ION MIHALACHE BOULEVARD 1-7, 1. DISTRICT
- City: BUCHAREST
- Country: ROMANIA
When to Use BRDEROBUXXX
This primary SWIFT code is suitable in the following scenarios:
- Sending funds to BRD Bank from abroad: When transferring money to a BRD account in Romania.
- Recipient hasn’t specified a branch code: If the beneficiary provides only the main bank details without a branch-specific SWIFT code.
- Centralized payment processing: When BRD Bank handles international payments through its headquarters.
- Default SWIFT code usage: When using a widely recognized, preset code is preferred.
Branch-Specific SWIFT Codes: A More Precise Option
While BRDEROBUXXX is the primary code, certain transactions may require branch-specific SWIFT codes for accuracy. To ensure seamless transfers:
- Confirm with the recipient: Verify the correct SWIFT code with the beneficiary before initiating the transfer.
- Contact BRD Bank directly: If unsure, reach out to BRD Bank for clarification.
Pre-Transfer Checklist: Avoiding Errors
Before executing a SWIFT transfer, double-check the following:
- SWIFT code matches the recipient bank: Ensure the code corresponds to BRD Bank.
- Accurate account details: Verify the recipient’s account number and name to prevent errors.
- Additional bank information: Include any required details, such as the bank’s address or postal code.
Minor discrepancies can lead to delays. If incorrect information is submitted, contact your bank immediately to rectify the issue.
Receiving International Funds: Providing Correct Details
To receive money in a BRD Bank account, furnish the sender with:
- Correct SWIFT/BIC code: BRDEROBUXXX or a branch-specific code if applicable.
- Account number: Your BRD Bank account details.
- Bank name and address: BRD – GROUPE SOCIETE GENERALE SA, ION MIHALACHE BOULEVARD 1-7, 1. DISTRICT, BUCHAREST, ROMANIA.
- Your name and address: As registered with the bank.
Providing complete and accurate information minimizes delays and ensures timely fund delivery.
Conclusion: Ensuring Smooth International Transfers
Understanding BRD Bank’s SWIFT/BIC code is fundamental for hassle-free international transactions. By adhering to the guidelines outlined above, you can facilitate secure and efficient cross-border payments. Diligence and attention to detail remain the cornerstones of successful wire transfers.