SWIFT/BIC code SATUTM21XXX
SATUTM21XXX belongs to Savings Bank of Turkmenistan in Ashkhabad, Turkmenistan.
Code details
| SWIFT/BIC code | SATUTM21XXX |
|---|---|
| 8-character code | SATUTM21 |
| Branch code | XXX |
| Bank | Savings Bank of Turkmenistan |
| Branch | Head office |
| City | Ashkhabad |
| Country | Turkmenistan |
How the Savings Bank of Turkmenistan SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- SATU Bank code
- 4 letters that identify the bank.
- TM Country code
- 2 letters for the country (ISO 3166).
- 21 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 is behind SWIFT code SATUTM21XXX?
The code SATUTM21XXX belongs to the head office of Savings Bank of Turkmenistan in Ashkhabad, Turkmenistan. Use it when a payment to Savings Bank of Turkmenistan does not need a specific branch.
Are SATUTM21 and SATUTM21XXX the same SWIFT code?
Yes, they are. SATUTM21 is the short version of SATUTM21XXX. The XXX at the end only means head office, so either version will reach Savings Bank of Turkmenistan in Ashkhabad.
What happens if I use SATUTM21XXX with a typo?
The payment may be delayed, returned or charged extra fees. Always check SATUTM21XXX with the recipient before sending.
What is the best way to send money to Savings Bank of Turkmenistan in Turkmenistan?
Banks often add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Turkmenistan with transfer services before you send.
What do the letters in SATUTM21XXX mean?
SATU is the institution code of Savings Bank of Turkmenistan, TM is the ISO code of Turkmenistan, 21 is the location code and XXX marks the head office.
What do I need to send money to an account at Savings Bank of Turkmenistan?
You need the SWIFT/BIC code SATUTM21XXX, the account number or IBAN of the recipient, their full name and address. Turkmenistan is not part of SEPA, so the BIC is required.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.