SWIFT Code COLKRUM1ORL — COMMERCIAL BANK 'LANTA-BANK', OREL

About SWIFT Code COLKRUM1ORL — COMMERCIAL BANK 'LANTA-BANK', OREL

SWIFT code COLKRUM1ORL is the official 11-character branch-specific BIC (Bank Identifier Code) for COMMERCIAL BANK 'LANTA-BANK' in OREL, 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 COMMERCIAL BANK 'LANTA-BANK' for all outward international remittances from OREL. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code COLKRUM1ORL

The code COLKRUM1ORL follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code COLKRUM1ORL

Receiving International Wire Transfers

To receive money from abroad at your COMMERCIAL BANK 'LANTA-BANK' account in OREL, share SWIFT code COLKRUM1ORL 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 COMMERCIAL BANK 'LANTA-BANK', OREL must provide SWIFT code COLKRUM1ORL. 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 COMMERCIAL BANK 'LANTA-BANK' in OREL rely on SWIFT code COLKRUM1ORL 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 COMMERCIAL BANK 'LANTA-BANK' →

For cheque clearing or NACH mandates, use the MICR code for COMMERCIAL BANK 'LANTA-BANK' →

For TDS challan deposits, find the BSR code for COMMERCIAL BANK 'LANTA-BANK' →

How SWIFT Code COLKRUM1ORL Routes an International Transfer

1. Initiation: The sender provides SWIFT code COLKRUM1ORL 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 COMMERCIAL BANK 'LANTA-BANK'.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: COMMERCIAL BANK 'LANTA-BANK' receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code COLKRUM1ORL

• Spaces or lowercase letters — Always enter COLKRUM1ORL uppercase with no spaces.
• Using the wrong city — This code is for OREL 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 COLKRUM1ORL directly with COMMERCIAL BANK 'LANTA-BANK''s OREL branch or via the SWIFT BIC Directory.