SWIFT Code DAGERU21 — DAGESTAN CBSD OOO, MAKHACHKALA

About SWIFT Code DAGERU21 — DAGESTAN CBSD OOO, MAKHACHKALA

SWIFT code DAGERU21 is the official 8-character head-office BIC (Bank Identifier Code) for DAGESTAN CBSD OOO in MAKHACHKALA, 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 DAGESTAN CBSD OOO for all outward international remittances from MAKHACHKALA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code DAGERU21

The code DAGERU21 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code DAGERU21

Receiving International Wire Transfers

To receive money from abroad at your DAGESTAN CBSD OOO account in MAKHACHKALA, share SWIFT code DAGERU21 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 DAGESTAN CBSD OOO, MAKHACHKALA must provide SWIFT code DAGERU21. 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 DAGESTAN CBSD OOO in MAKHACHKALA rely on SWIFT code DAGERU21 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 DAGESTAN CBSD OOO →

For cheque clearing or NACH mandates, use the MICR code for DAGESTAN CBSD OOO →

For TDS challan deposits, find the BSR code for DAGESTAN CBSD OOO →

How SWIFT Code DAGERU21 Routes an International Transfer

1. Initiation: The sender provides SWIFT code DAGERU21 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 DAGESTAN CBSD OOO.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: DAGESTAN CBSD OOO receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code DAGERU21

• Spaces or lowercase letters — Always enter DAGERU21 uppercase with no spaces.
• Using the wrong city — This code is for MAKHACHKALA 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 DAGERU21 directly with DAGESTAN CBSD OOO's MAKHACHKALA branch or via the SWIFT BIC Directory.