SWIFT Code CBORETAA — COOPERATIVE BANK OF OROMIA S.C., FINFINE

About SWIFT Code CBORETAA — COOPERATIVE BANK OF OROMIA S.C., FINFINE

SWIFT code CBORETAA is the official 8-character head-office BIC (Bank Identifier Code) for COOPERATIVE BANK OF OROMIA S.C. in FINFINE, Ethiopia. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by COOPERATIVE BANK OF OROMIA S.C. for all outward international remittances from FINFINE. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code CBORETAA

The code CBORETAA follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code CBORETAA

Receiving International Wire Transfers

To receive money from abroad at your COOPERATIVE BANK OF OROMIA S.C. account in FINFINE, share SWIFT code CBORETAA with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at COOPERATIVE BANK OF OROMIA S.C., FINFINE must provide SWIFT code CBORETAA. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using COOPERATIVE BANK OF OROMIA S.C. in FINFINE rely on SWIFT code CBORETAA for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for COOPERATIVE BANK OF OROMIA S.C. →

For cheque clearing or NACH mandates, use the MICR code for COOPERATIVE BANK OF OROMIA S.C. →

For TDS challan deposits, find the BSR code for COOPERATIVE BANK OF OROMIA S.C. →

How SWIFT Code CBORETAA Routes an International Transfer

1. Initiation: The sender provides SWIFT code CBORETAA and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to COOPERATIVE BANK OF OROMIA S.C..
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: COOPERATIVE BANK OF OROMIA S.C. receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code CBORETAA

• Spaces or lowercase letters — Always enter CBORETAA uppercase with no spaces.
• Using the wrong city — This code is for FINFINE only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within Ethiopia.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm CBORETAA directly with COOPERATIVE BANK OF OROMIA S.C.'s FINFINE branch or via the SWIFT BIC Directory.