SWIFT Code OTKRRUM1 — OTKRITIE BROKERAGE HOUSE JSC, MOSCOW

About SWIFT Code OTKRRUM1 — OTKRITIE BROKERAGE HOUSE JSC, MOSCOW

SWIFT code OTKRRUM1 is the official 8-character head-office BIC (Bank Identifier Code) for OTKRITIE BROKERAGE HOUSE JSC 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 OTKRITIE BROKERAGE HOUSE JSC 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 OTKRRUM1

The code OTKRRUM1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code OTKRRUM1

Receiving International Wire Transfers

To receive money from abroad at your OTKRITIE BROKERAGE HOUSE JSC account in MOSCOW, share SWIFT code OTKRRUM1 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 OTKRITIE BROKERAGE HOUSE JSC, MOSCOW must provide SWIFT code OTKRRUM1. 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 OTKRITIE BROKERAGE HOUSE JSC in MOSCOW rely on SWIFT code OTKRRUM1 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 OTKRITIE BROKERAGE HOUSE JSC →

For cheque clearing or NACH mandates, use the MICR code for OTKRITIE BROKERAGE HOUSE JSC →

For TDS challan deposits, find the BSR code for OTKRITIE BROKERAGE HOUSE JSC →

How SWIFT Code OTKRRUM1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code OTKRRUM1 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 OTKRITIE BROKERAGE HOUSE JSC.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: OTKRITIE BROKERAGE HOUSE JSC receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code OTKRRUM1

• Spaces or lowercase letters — Always enter OTKRRUM1 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 OTKRRUM1 directly with OTKRITIE BROKERAGE HOUSE JSC's MOSCOW branch or via the SWIFT BIC Directory.