SWIFT/BIC code ECOBRUM1XXX
ECOBRUM1XXX belongs to Economics-Bank in Moscow, Russia.
Code details
| SWIFT/BIC code | ECOBRUM1XXX |
|---|---|
| 8-character code | ECOBRUM1 |
| Branch code | XXX |
| Bank | Economics-Bank |
| Branch | Head office |
| City | Moscow |
| Country | Russia |
How the Economics-Bank SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- ECOB 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
Which institution is behind SWIFT code ECOBRUM1XXX?
The code ECOBRUM1XXX belongs to the main office of Economics-Bank in Moscow, Russia. Use it when a payment to Economics-Bank does not need a specific branch.
What do the letters in ECOBRUM1XXX mean?
ECOB is the bank code of Economics-Bank, RU stands for Russia, M1 is the location code and XXX marks the head office.
Which details do I need to send money to an account at Economics-Bank?
Have ready the SWIFT/BIC code ECOBRUM1XXX, the IBAN or local account number of the recipientand the name of the account holder. Russia uses international SWIFT transfers, so the BIC is required.
How long does a transfer to Economics-Bank take in Russia?
A SWIFT payment typically takes 1–5 business days, depending on intermediary banks and cut-off times. Money transfer services are often quicker than a bank.
What is the cheapest way to send money to Economics-Bank?
Banks often add 1–3% to the exchange rate on top of a fee. Compare what you receive in Russia with transfer services before you send – the difference can be large.
Does Economics-Bank use only one SWIFT/BIC code?
Yes – ECOBRUM1XXX is the only SWIFT/BIC code listed for Economics-Bank in Russia, so you do not need to pick a branch code.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.