SWIFT Code DOFNNL21 — DUTCH OPTIONS AND FUTURES INSTITUTE B.V., DRUTEN

About SWIFT Code DOFNNL21 — DUTCH OPTIONS AND FUTURES INSTITUTE B.V., DRUTEN

SWIFT code DOFNNL21 is the official 8-character head-office BIC (Bank Identifier Code) for DUTCH OPTIONS AND FUTURES INSTITUTE B.V. in DRUTEN, Netherlands. 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 DUTCH OPTIONS AND FUTURES INSTITUTE B.V. for all outward international remittances from DRUTEN. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code DOFNNL21

The code DOFNNL21 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code DOFNNL21

Receiving International Wire Transfers

To receive money from abroad at your DUTCH OPTIONS AND FUTURES INSTITUTE B.V. account in DRUTEN, share SWIFT code DOFNNL21 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 DUTCH OPTIONS AND FUTURES INSTITUTE B.V., DRUTEN must provide SWIFT code DOFNNL21. 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 DUTCH OPTIONS AND FUTURES INSTITUTE B.V. in DRUTEN rely on SWIFT code DOFNNL21 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 DUTCH OPTIONS AND FUTURES INSTITUTE B.V. →

For cheque clearing or NACH mandates, use the MICR code for DUTCH OPTIONS AND FUTURES INSTITUTE B.V. →

For TDS challan deposits, find the BSR code for DUTCH OPTIONS AND FUTURES INSTITUTE B.V. →

How SWIFT Code DOFNNL21 Routes an International Transfer

1. Initiation: The sender provides SWIFT code DOFNNL21 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 DUTCH OPTIONS AND FUTURES INSTITUTE B.V..
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: DUTCH OPTIONS AND FUTURES INSTITUTE B.V. receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code DOFNNL21

• Spaces or lowercase letters — Always enter DOFNNL21 uppercase with no spaces.
• Using the wrong city — This code is for DRUTEN 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 Netherlands.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm DOFNNL21 directly with DUTCH OPTIONS AND FUTURES INSTITUTE B.V.'s DRUTEN branch or via the SWIFT BIC Directory.