SWIFT Code CNMUSE21 — CARLSON NOREN MACRO FUND, HOVAS

About SWIFT Code CNMUSE21 — CARLSON NOREN MACRO FUND, HOVAS

SWIFT code CNMUSE21 is the official 8-character head-office BIC (Bank Identifier Code) for CARLSON NOREN MACRO FUND in HOVAS, Sweden. 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 CARLSON NOREN MACRO FUND for all outward international remittances from HOVAS. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code CNMUSE21

The code CNMUSE21 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code CNMUSE21

Receiving International Wire Transfers

To receive money from abroad at your CARLSON NOREN MACRO FUND account in HOVAS, share SWIFT code CNMUSE21 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 CARLSON NOREN MACRO FUND, HOVAS must provide SWIFT code CNMUSE21. 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 CARLSON NOREN MACRO FUND in HOVAS rely on SWIFT code CNMUSE21 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 CARLSON NOREN MACRO FUND →

For cheque clearing or NACH mandates, use the MICR code for CARLSON NOREN MACRO FUND →

For TDS challan deposits, find the BSR code for CARLSON NOREN MACRO FUND →

How SWIFT Code CNMUSE21 Routes an International Transfer

1. Initiation: The sender provides SWIFT code CNMUSE21 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 CARLSON NOREN MACRO FUND.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: CARLSON NOREN MACRO FUND receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code CNMUSE21

• Spaces or lowercase letters — Always enter CNMUSE21 uppercase with no spaces.
• Using the wrong city — This code is for HOVAS 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 Sweden.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm CNMUSE21 directly with CARLSON NOREN MACRO FUND's HOVAS branch or via the SWIFT BIC Directory.