SWIFT Code ALFARUM1037 — ALFA-BANK, STAVROPOL

About SWIFT Code ALFARUM1037 — ALFA-BANK, STAVROPOL

SWIFT code ALFARUM1037 is the official 11-character branch-specific BIC (Bank Identifier Code) for ALFA-BANK in STAVROPOL, Russia. 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 ALFA-BANK for all outward international remittances from STAVROPOL. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code ALFARUM1037

The code ALFARUM1037 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code ALFARUM1037

Receiving International Wire Transfers

To receive money from abroad at your ALFA-BANK account in STAVROPOL, share SWIFT code ALFARUM1037 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 ALFA-BANK, STAVROPOL must provide SWIFT code ALFARUM1037. 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 ALFA-BANK in STAVROPOL rely on SWIFT code ALFARUM1037 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 ALFA-BANK →

For cheque clearing or NACH mandates, use the MICR code for ALFA-BANK →

For TDS challan deposits, find the BSR code for ALFA-BANK →

How SWIFT Code ALFARUM1037 Routes an International Transfer

1. Initiation: The sender provides SWIFT code ALFARUM1037 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 ALFA-BANK.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: ALFA-BANK receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code ALFARUM1037

• Spaces or lowercase letters — Always enter ALFARUM1037 uppercase with no spaces.
• Using the wrong city — This code is for STAVROPOL 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 Russia.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm ALFARUM1037 directly with ALFA-BANK's STAVROPOL branch or via the SWIFT BIC Directory.