Ooo Merrill Lynch Securities SWIFT/BIC code

Ooo Merrill Lynch Securities SWIFT code: MLSORUMM

The 8-character code MLSORUMM and the full code MLSORUMMXXX refer to the same bank: Ooo Merrill Lynch Securities, with its head office in Moscow. A SWIFT code tells the banks handling a payment which institution is meant to get the money, a bit like a postal address for banks. In daily life you usually come across the code on invoices from abroad, in your banking app and on the account details that Ooo Merrill Lynch Securities provides.

Further down we go through the practical questions: receiving money at Ooo Merrill Lynch Securities, sending money abroad and how to check the code before you confirm a payment. The SWIFT code alone does not identify a personal account; for that you need the account number or IBAN is for.

Where our SWIFT data comes from

The details on this page come from public sources that we update regularly. It can happen that information here is out of date. Counts and locations are from our own dataset and may differ from what Ooo Merrill Lynch Securities publishes.

For a payment of any size, always confirm the BIC with the recipient’s bank or the recipient. GoldexPay is an independent comparison service for money transfers and not part of Ooo Merrill Lynch Securities. Should you notice a mistake, we welcome a message.

Watch out for payment fraud

A common scam works like this: an email arrives with a request claiming that a company now has a new bank account and asking you to pay there from now on. The fact that MLSORUMM exists is no guarantee that the account is genuine – fraudsters use real bank codes as well.

Verify changed bank details via a different channel, such as a phone number you already know, not by replying to the message. Urgency and secrecy are warning signs – a real supplier can wait a day. Already paid? Contact the bank you paid from without delay and ask them to start a recall and report the fraud.

Scams can also work the other way: someone sends more than agreed and asks you to return the difference via a different route. Wait until the money is actually in your account – ask Ooo Merrill Lynch Securities if something looks wrong.

Getting paid from abroad into a Ooo Merrill Lynch Securities account

For an international payment at Ooo Merrill Lynch Securities, the sender has to have more than the SWIFT code. The basics are: your name, account number or IBAN, MLSORUMMXXX or MLSORUMM and in many cases your postal address.

Their bank may request the bank address of Ooo Merrill Lynch Securities. A mistake in the IBAN can be harder to fix than it looks.

Money from abroad will not always arrive in full. Charges on incoming payments differ per bank. Agree with the sender who pays which costs.

8 or 11 characters: MLSORUMM versus MLSORUMMXXX

Every SWIFT/BIC code has the same eight core characters: a four-letter bank code, a two-letter country code and a two-character location code. The result is MLSORUMM, the short form of the code.

The full version has a three-character extension for a branch or department. When those three characters are XXX, the code points to the head office.

Type the code in one piece, in upper case and without spaces, exactly as shown here. A single letter may route the money to another bank.

What a transfer from Ooo Merrill Lynch Securities abroad really costs

An international bank payment can cost rather more than the listed fee. On top of the transfer fee, correspondent or intermediary banks may take a cut, and when the money changes currency the bank often applies a rate that is less favourable than the actual market rate.

Most of the cost usually sits in the exchange rate: many banks convert at a rate that includes a margin. Check their rate against the mid-market rate – the rate you find on financial news sites.

Specialised transfer providers frequently offer a rate near the mid-market rate with clearer fees. GoldexPay compares the amount that arrives across services, which makes the cheapest option easy to spot. Using a transfer service does not require leaving Ooo Merrill Lynch Securities.

How to check MLSORUMM before you pay

The best place to find the correct BIC is a document from the bank itself like a bank statement or the account page in online banking. Compare it against MLSORUMM on this page; if they differ, ask before you pay.

A wrong SWIFT code can cause a delay, a payment being sent back or additional charges for investigation. Remember the account number: an error there can be more difficult to undo than a wrong code.

A format check by your bank merely tells you that the code is valid. Where available, a name check before sending gives an extra layer of safety. A small test payment can be a sensible step for large sums, even if it costs an extra fee.

Ooo Merrill Lynch Securities: head office code versus branch codes

Having 3 codes, Ooo Merrill Lynch Securities is one of the banks that use individual codes for parts of the organisation. The main code remains MLSORUMMXXX.

For most incoming transfers, the head office code MLSORUMMXXX works fine. Only use a branch code when your contact gives you that exact code.

Unsure which code to use? Ask the recipient, or look at a recent statement from Ooo Merrill Lynch Securities. Codes can change over time.

When will the money arrive at Ooo Merrill Lynch Securities?

How quickly a transfer reaches Ooo Merrill Lynch Securities is determined by several factors: the currency, how many intermediary banks are involved, cut-off times and time zones. Transfers sent after the cut-off time or just before weekends and holidays often start a business day later. Occasionally a bank wants to know about the purpose of a payment before releasing it.

A growing number of banks use SWIFT gpi for faster and traceable payments. Every payment carries a unique transaction reference, the UETR, which your bank can use to see where the money is. Money transfer services usually show tracking in their app showing where the money has got.

If the money does not arrive within the expected time, the sender needs to start with their own bank, not the receiving bank. As a recipient, it helps to check your statements to see a partial amount, since fees may have been deducted.