SWIFT Code CUPCRU55 — CREDIT UNION 'PAYMENT CENTER', NOVOSIBIRSK

About SWIFT Code CUPCRU55 — CREDIT UNION 'PAYMENT CENTER', NOVOSIBIRSK

SWIFT code CUPCRU55 is the official 8-character head-office BIC (Bank Identifier Code) for CREDIT UNION 'PAYMENT CENTER' in NOVOSIBIRSK, 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 CREDIT UNION 'PAYMENT CENTER' for all outward international remittances from NOVOSIBIRSK. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code CUPCRU55

The code CUPCRU55 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code CUPCRU55

Receiving International Wire Transfers

To receive money from abroad at your CREDIT UNION 'PAYMENT CENTER' account in NOVOSIBIRSK, share SWIFT code CUPCRU55 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 CREDIT UNION 'PAYMENT CENTER', NOVOSIBIRSK must provide SWIFT code CUPCRU55. 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 CREDIT UNION 'PAYMENT CENTER' in NOVOSIBIRSK rely on SWIFT code CUPCRU55 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 CREDIT UNION 'PAYMENT CENTER' →

For cheque clearing or NACH mandates, use the MICR code for CREDIT UNION 'PAYMENT CENTER' →

For TDS challan deposits, find the BSR code for CREDIT UNION 'PAYMENT CENTER' →

How SWIFT Code CUPCRU55 Routes an International Transfer

1. Initiation: The sender provides SWIFT code CUPCRU55 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 CREDIT UNION 'PAYMENT CENTER'.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: CREDIT UNION 'PAYMENT CENTER' receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code CUPCRU55

• Spaces or lowercase letters — Always enter CUPCRU55 uppercase with no spaces.
• Using the wrong city — This code is for NOVOSIBIRSK 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 CUPCRU55 directly with CREDIT UNION 'PAYMENT CENTER''s NOVOSIBIRSK branch or via the SWIFT BIC Directory.