SWIFT Code XSIBRU51 — SIBERIAN STOCK EXCHANGE, NOVOSIBIRSK

About SWIFT Code XSIBRU51 — SIBERIAN STOCK EXCHANGE, NOVOSIBIRSK

SWIFT code XSIBRU51 is the official 8-character head-office BIC (Bank Identifier Code) for SIBERIAN STOCK EXCHANGE 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 SIBERIAN STOCK EXCHANGE 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 XSIBRU51

The code XSIBRU51 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code XSIBRU51

Receiving International Wire Transfers

To receive money from abroad at your SIBERIAN STOCK EXCHANGE account in NOVOSIBIRSK, share SWIFT code XSIBRU51 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 SIBERIAN STOCK EXCHANGE, NOVOSIBIRSK must provide SWIFT code XSIBRU51. 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 SIBERIAN STOCK EXCHANGE in NOVOSIBIRSK rely on SWIFT code XSIBRU51 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 SIBERIAN STOCK EXCHANGE →

For cheque clearing or NACH mandates, use the MICR code for SIBERIAN STOCK EXCHANGE →

For TDS challan deposits, find the BSR code for SIBERIAN STOCK EXCHANGE →

How SWIFT Code XSIBRU51 Routes an International Transfer

1. Initiation: The sender provides SWIFT code XSIBRU51 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 SIBERIAN STOCK EXCHANGE.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: SIBERIAN STOCK EXCHANGE receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code XSIBRU51

• Spaces or lowercase letters — Always enter XSIBRU51 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 XSIBRU51 directly with SIBERIAN STOCK EXCHANGE's NOVOSIBIRSK branch or via the SWIFT BIC Directory.