SWIFT Code FURENL21 — MR1 FUTURES B.V., SOEST
Verified SWIFT/BIC code for MR1 FUTURES B.V. in SOEST, Netherlands. Use this code for international wire transfers.
SOEST
MR1 FUTURES B.V. · Netherlands
SWIFT / BIC Code
FURENL21
Code Breakdown
IFSC Code
MICR Code
BSR Code
Bank
Branch
SOEST
City
Country Code
NL
Connection Status
Active
About SWIFT Code FURENL21 — MR1 FUTURES B.V., SOEST
SWIFT code FURENL21 is the official 8-character head-office BIC (Bank Identifier Code) for MR1 FUTURES B.V. in SOEST, 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 MR1 FUTURES B.V. for all outward international remittances from SOEST. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.
How to Read SWIFT Code FURENL21
The code FURENL21 follows the ISO 9362 standard and breaks down as follows:
| Segment | Value | Length | Meaning |
|---|---|---|---|
| Bank Code | FURE | 4 letters | Identifies MR1 FUTURES B.V. as the institution |
| Country Code | NL | 2 letters | ISO 3166-1 alpha-2 code for Netherlands |
| Location Code | 21 | 2 chars | City/region identifier within Netherlands |
When to Use SWIFT Code FURENL21
Receiving International Wire Transfers
To receive money from abroad at your MR1 FUTURES B.V. account in SOEST, share SWIFT code FURENL21 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 MR1 FUTURES B.V., SOEST must provide SWIFT code FURENL21. 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 MR1 FUTURES B.V. in SOEST rely on SWIFT code FURENL21 for letters of credit, bank guarantees, and foreign currency settlements.
SWIFT Code vs IFSC vs MICR vs BSR — Key Differences
| Code | Format | Used For | Scope |
|---|---|---|---|
SWIFT FURENL21 | 8 or 11 chars | International wire transfers, NRI remittances, trade finance | Global — 200+ countries |
| IFSC | 11 chars (alpha) | NEFT, RTGS, IMPS, UPI account linking | India domestic only |
| MICR | 9 digits | Cheque clearing (CTS), NACH mandates, SIP registration | India domestic only |
| BSR | 7 digits | TDS challan filing, Form 16, Form 26AS, TRACES | India income tax only |
Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for MR1 FUTURES B.V. →
For cheque clearing or NACH mandates, use the MICR code for MR1 FUTURES B.V. →
For TDS challan deposits, find the BSR code for MR1 FUTURES B.V. →
How SWIFT Code FURENL21 Routes an International Transfer
- Initiation: The sender provides SWIFT code FURENL21 and account number to their bank.
- Validation: The sending bank validates the BIC against the SWIFT registry.
- Routing: An MT103 SWIFT message is transmitted through the network to MR1 FUTURES B.V..
- Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
- Credit: MR1 FUTURES B.V. receives the SWIFT message and credits the account. Total time: 1–5 business days.
Common Mistakes When Using SWIFT Code FURENL21
- Spaces or lowercase letters — Always enter
FURENL21uppercase with no spaces. - Using the wrong city — This code is for SOEST 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 FURENL21 directly with MR1 FUTURES B.V.'s SOEST branch or via the SWIFT BIC Directory.
SWIFT code data sourced from SWIFT Official Directory and verified against MR1 FUTURES B.V.'s published disclosures. Last reviewed Jun 2026 by BankZop Editorial Team. About our data sources →
