SWIFT Code CYCRTRI1 — CYPRUS CREDIT BANK LTD., ISTANBUL

About SWIFT Code CYCRTRI1 — CYPRUS CREDIT BANK LTD., ISTANBUL

SWIFT code CYCRTRI1 is the official 8-character head-office BIC (Bank Identifier Code) for CYPRUS CREDIT BANK LTD. in ISTANBUL, Turkey. 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 CYPRUS CREDIT BANK LTD. for all outward international remittances from ISTANBUL. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code CYCRTRI1

The code CYCRTRI1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code CYCRTRI1

Receiving International Wire Transfers

To receive money from abroad at your CYPRUS CREDIT BANK LTD. account in ISTANBUL, share SWIFT code CYCRTRI1 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 CYPRUS CREDIT BANK LTD., ISTANBUL must provide SWIFT code CYCRTRI1. 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 CYPRUS CREDIT BANK LTD. in ISTANBUL rely on SWIFT code CYCRTRI1 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 CYPRUS CREDIT BANK LTD. →

For cheque clearing or NACH mandates, use the MICR code for CYPRUS CREDIT BANK LTD. →

For TDS challan deposits, find the BSR code for CYPRUS CREDIT BANK LTD. →

How SWIFT Code CYCRTRI1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code CYCRTRI1 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 CYPRUS CREDIT BANK LTD..
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: CYPRUS CREDIT BANK LTD. receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code CYCRTRI1

• Spaces or lowercase letters — Always enter CYCRTRI1 uppercase with no spaces.
• Using the wrong city — This code is for ISTANBUL 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 Turkey.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm CYCRTRI1 directly with CYPRUS CREDIT BANK LTD.'s ISTANBUL branch or via the SWIFT BIC Directory.