SWIFT/BIC code NEIDRUM1XXX
NEIDRUM1XXX belongs to New Industrial Bank in Moscow, Russia.
Code details
| SWIFT/BIC code | NEIDRUM1XXX |
|---|---|
| 8-character code | NEIDRUM1 |
| Branch code | XXX |
| Bank | New Industrial Bank |
| Branch | Head office |
| City | Moscow |
| Country | Russia |
How the New Industrial Bank SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- NEID 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 NEIDRUM1XXX?
NEIDRUM1XXX is the SWIFT/BIC code of the headquarters of New Industrial Bank in Moscow, Russia. Use it when you send money to an account at New Industrial Bank.
Does New Industrial Bank use a single SWIFT/BIC code?
Yes – NEIDRUM1XXX is the only SWIFT/BIC code listed for New Industrial Bank in Russia, so there is no branch code to choose.
What is the best way to send money to New Industrial Bank?
Many banks add several percent to the exchange rate on top of a fee. Check the amount that arrives in Russia with specialist providers before you send – the difference can be large.
How long does a transfer to New Industrial Bank take?
An international SWIFT transfer usually takes 2–5 business days, depending on intermediary banks and cut-off times. Specialist transfer services are often quicker than a bank.
Is NEIDRUM1 and NEIDRUM1XXX the same SWIFT code?
Yes. NEIDRUM1 is the 8-character version of NEIDRUM1XXX. XXX simply means head office, so both will reach New Industrial Bank in Moscow.
What do the letters in NEIDRUM1XXX mean?
NEID is the institution code of New Industrial Bank, RU is the ISO code of Russia, M1 is the code for the city or region and XXX marks the head office.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.