SWIFT Code VEEERUMM — IK VELES CAPITAL LLC, MOSCOW

About SWIFT Code VEEERUMM — IK VELES CAPITAL LLC, MOSCOW

SWIFT code VEEERUMM is the official 8-character head-office BIC (Bank Identifier Code) for IK VELES CAPITAL LLC in MOSCOW, 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 IK VELES CAPITAL LLC for all outward international remittances from MOSCOW. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code VEEERUMM

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

When to Use SWIFT Code VEEERUMM

Receiving International Wire Transfers

To receive money from abroad at your IK VELES CAPITAL LLC account in MOSCOW, share SWIFT code VEEERUMM 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 IK VELES CAPITAL LLC, MOSCOW must provide SWIFT code VEEERUMM. 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 IK VELES CAPITAL LLC in MOSCOW rely on SWIFT code VEEERUMM 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 IK VELES CAPITAL LLC →

For cheque clearing or NACH mandates, use the MICR code for IK VELES CAPITAL LLC →

For TDS challan deposits, find the BSR code for IK VELES CAPITAL LLC →

How SWIFT Code VEEERUMM Routes an International Transfer

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

Common Mistakes When Using SWIFT Code VEEERUMM

• Spaces or lowercase letters — Always enter VEEERUMM uppercase with no spaces.
• Using the wrong city — This code is for MOSCOW 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 VEEERUMM directly with IK VELES CAPITAL LLC's MOSCOW branch or via the SWIFT BIC Directory.