SWIFT/BIC code CODVRUM1XXX
CODVRUM1XXX belongs to Commercial Bank of Development (Limited Liability Company) in Moscow, Russia.
Code details
| SWIFT/BIC code | CODVRUM1XXX |
|---|---|
| 8-character code | CODVRUM1 |
| Branch code | XXX |
| Bank | Commercial Bank of Development (Limited Liability Company) |
| Branch | Head office |
| City | Moscow |
| Country | Russia |
The way the Commercial Bank of Development (Limited Liability Company) SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- CODV Bank code
- 4 letters that identify the bank.
- RU Country code
- 2 letters for the country (ISO 3166).
- M1 Location code
- 2 characters for the city or region of the head office.
- XXX Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
What bank uses SWIFT/BIC code CODVRUM1XXX?
CODVRUM1XXX is the SWIFT/BIC code of the headquarters of Commercial Bank of Development (Limited Liability Company) in Moscow, Russia. It is the code to use when a payment to Commercial Bank of Development (Limited Liability Company) does not need a specific branch.
Does Commercial Bank of Development (Limited Liability Company) use only one SWIFT/BIC code?
Yes, CODVRUM1XXX is the only SWIFT/BIC code listed for Commercial Bank of Development (Limited Liability Company) in Russia, so you do not need to pick a branch code.
What is the best way to send money to Commercial Bank of Development (Limited Liability Company)?
Banks often add 1–3% to the exchange rate on top of a fee. Check the amount that arrives in Russia with transfer services before you send – the difference can be large.
How long does it take to send money to Commercial Bank of Development (Limited Liability Company) in Russia?
A SWIFT payment usually takes 1–5 business days, depending on correspondent banks and time zones. Specialist transfer services are often quicker and cheaper.
Are CODVRUM1 and CODVRUM1XXX the same SWIFT code?
Yes, they are. CODVRUM1 is the short version of CODVRUM1XXX. XXX simply means head office, so either version will reach Commercial Bank of Development (Limited Liability Company) in Moscow.
What does each part of CODVRUM1XXX mean?
CODV is the institution code of Commercial Bank of Development (Limited Liability Company), RU stands for Russia, M1 is the location code and XXX means the head office.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.