SWIFT Code BRECRU21ENG — JSC ECONOMBANK, ENGELS

About SWIFT Code BRECRU21ENG — JSC ECONOMBANK, ENGELS

SWIFT code BRECRU21ENG is the official 11-character branch-specific BIC (Bank Identifier Code) for JSC ECONOMBANK in ENGELS, 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 JSC ECONOMBANK for all outward international remittances from ENGELS. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code BRECRU21ENG

The code BRECRU21ENG follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code BRECRU21ENG

Receiving International Wire Transfers

To receive money from abroad at your JSC ECONOMBANK account in ENGELS, share SWIFT code BRECRU21ENG 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 JSC ECONOMBANK, ENGELS must provide SWIFT code BRECRU21ENG. 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 JSC ECONOMBANK in ENGELS rely on SWIFT code BRECRU21ENG 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 JSC ECONOMBANK →

For cheque clearing or NACH mandates, use the MICR code for JSC ECONOMBANK →

For TDS challan deposits, find the BSR code for JSC ECONOMBANK →

How SWIFT Code BRECRU21ENG Routes an International Transfer

1. Initiation: The sender provides SWIFT code BRECRU21ENG 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 JSC ECONOMBANK.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: JSC ECONOMBANK receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code BRECRU21ENG

• Spaces or lowercase letters — Always enter BRECRU21ENG uppercase with no spaces.
• Using the wrong city — This code is for ENGELS 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 BRECRU21ENG directly with JSC ECONOMBANK's ENGELS branch or via the SWIFT BIC Directory.