JSC Bank Credit Suisse (Moscow) SWIFT/BIC code

CRESRUMM – the SWIFT/BIC code of JSC Bank Credit Suisse (Moscow)

CRESRUMM and CRESRUMMXXX are two spellings of the same bank identifier, and both point to JSC Bank Credit Suisse (Moscow) in Moscow. Every bank on the SWIFT network uses these codes to direct payments between countries to the correct institution. You will need it mostly for payments that cross a border.

Below we go through the practical questions: money coming in from abroad, sending money abroad and how to verify the code before you hit send. Remember that the SWIFT code only identifies the bank, not the person: the IBAN or account number takes care of that.

Watch out for payment fraud

One of the most common tricks works like this: you receive a request saying that a company has a new bank account. The fact that CRESRUMM exists is no guarantee that the account is legitimate – fraudsters use real bank codes as well.

Do not trust contact details in the same message that contains the change. Pressure or secrecy tend to be warning signs. Acted too fast? Call the bank you paid from without delay and ask them to start a recall; also report it to the police.

Fraud can also target the receiver. Someone sends too much and wants you to refund the extra via a different route. Do not act before the money has really arrived and check with JSC Bank Credit Suisse (Moscow) if anything seems off.

8 or 11 characters: CRESRUMM versus CRESRUMMXXX

The layout of every SWIFT code never changes: a bank code of four letters, a two-letter country code and a two-character location code. For JSC Bank Credit Suisse (Moscow), that core is CRESRUMM.

Most payment forms accept either length. If yours requires eleven characters, enter CRESRUMMXXX.

Type the code in one piece, in upper case and without separators, exactly as shown here. A single character may route the money to another bank, so check it twice.

Tracking a transfer to or from JSC Bank Credit Suisse (Moscow)

A SWIFT payment typically takes anywhere from one to several business days – it depends on currency, route and the banks in between. Payments made late in the day or on a weekend or public holiday often go out a business day later. Occasionally a bank wants to know what the payment is for.

A growing number of banks are connected to SWIFT gpi, which lets them follow a payment from bank to bank. Each payment gets a unique reference, the UETR that banks can use to trace it. Specialist transfer services usually provide a status in their app showing where the payment is.

If a payment has not arrived within the expected time, the sender should contact the bank that sent it, not the receiving bank. As a recipient, it helps to look at your account to see a partial amount because fees can reduce the amount.

Receiving money from abroad at JSC Bank Credit Suisse (Moscow)

For an international payment at JSC Bank Credit Suisse (Moscow), the sender has to have more than the SWIFT code. That means: your full name as registered with JSC Bank Credit Suisse (Moscow), your account number or IBAN, the SWIFT/BIC code CRESRUMMXXX and usually your address.

Certain banks want the name and address of JSC Bank Credit Suisse (Moscow) in Moscow; it does no harm to include it. Double-check the details before you send them.

The amount you receive can be lower than the amount sent. Correspondent banks can take a fee, and if the currency changes, a markup on the rate comes on top. For business payments, it is common to agree how the fees are split, so that nobody is left short.

International transfers from JSC Bank Credit Suisse (Moscow): the real cost

If you send money to another country from JSC Bank Credit Suisse (Moscow), the fee you see is only part of what you pay. On top of a fixed fee, banks in between can deduct a fee, and when the money changes currency, the bank often uses a rate that is less favourable than the actual market rate.

The markup on the rate tends to be the largest item because it is hidden in the rate. An easy check: put the rate you get next to the mid-market rate and look at the difference.

Specialist money transfer services often offer a rate near the mid-market rate and lower fees. GoldexPay lists these services next to each other so you can see what actually arrives. Using a transfer service does not require leaving JSC Bank Credit Suisse (Moscow).

Is CRESRUMM still correct? How to check

The most reliable source for the BIC is the recipient’s own bank details. Compare it against CRESRUMM on this page; if they differ, ask before you pay.

A wrong SWIFT code can cause delays, a payment being sent back or additional charges along the way. Remember the account number: a mistake there is harder to correct than a wrong code.

Most online banking apps check the format of an IBAN and some suggest the matching BIC, but that does not prove the account belongs to the right person. More and more banks check the payee name against the account – do not ignore a mismatch warning. A small test payment is a sensible step for a large first payment despite the extra fee.

A note on our data

The codes on this page come from public sources that we update regularly. Banks merge, change names and retire codes. Counts and locations are from our directory and are not confirmed by JSC Bank Credit Suisse (Moscow).

For any payment that matters, check the BIC with JSC Bank Credit Suisse (Moscow) or the recipient. GoldexPay has no connection to JSC Bank Credit Suisse (Moscow), we only compare transfer services. Should you notice something that is out of date, we appreciate a short note via the contact page.

JSC Bank Credit Suisse (Moscow): head office code versus branch codes

JSC Bank Credit Suisse (Moscow) uses 2 separate SWIFT/BIC codes. Only one is the head office code, CRESRUMMXXX; the rest belong to branches or departments.

For the vast majority of incoming transfers, the head office code CRESRUMMXXX is what you need. Just use a branch code when your contact gives you that exact code.

When in doubt, check with the recipient which code their bank gave them. Codes for branches are more prone to change than the head office code when a bank merges or closes offices.