SWIFT/BIC code SEDMRUMMXXX
SEDMRUMMXXX belongs to Settlement Depository Company in Moscow, Russia.
Code details
| SWIFT/BIC code | SEDMRUMMXXX |
|---|---|
| 8-character code | SEDMRUMM |
| Branch code | XXX |
| Bank | Settlement Depository Company |
| Branch | Head office |
| City | Moscow |
| Country | Russia |
The way the Settlement Depository Company SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- SEDM Bank code
- 4 letters that identify the bank.
- RU Country code
- 2 letters for the country (ISO 3166).
- MM 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 bank is behind BIC SEDMRUMMXXX?
The code SEDMRUMMXXX belongs to the headquarters of Settlement Depository Company in Moscow, Russia. It is the code to use when you send money to an account at Settlement Depository Company.
What do I need to send money to an account at Settlement Depository Company?
Have ready the SWIFT/BIC code SEDMRUMMXXX, the IBAN or local account number of the recipient, their full name and address. Russia is not part of SEPA, so always include the BIC.
What do the letters in SEDMRUMMXXX stand for?
SEDM is the bank code of Settlement Depository Company, RU stands for Russia, MM is the location code and XXX marks the main office.
What is the best way to send money to Settlement Depository Company in Russia?
Many banks add several percent to the exchange rate on top of a fee. Compare what you receive in Russia with specialist providers before you send – the difference can be large.
How long does a transfer to Settlement Depository Company take in Russia?
A SWIFT payment usually takes 2–5 business days, depending on correspondent banks and time zones. Money transfer services are often faster and cheaper.
What happens if I enter SEDMRUMMXXX incorrectly?
Your transfer can bounce, get stuck or cost extra. Double-check SEDMRUMMXXX against the details from Settlement Depository Company before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.