SWIFT Code OYMDTRI1 — OYAK MENKUL DEGERELER A.S., ISTANBUL

About SWIFT Code OYMDTRI1 — OYAK MENKUL DEGERELER A.S., ISTANBUL

SWIFT code OYMDTRI1 is the official 8-character head-office BIC (Bank Identifier Code) for OYAK MENKUL DEGERELER A.S. 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 OYAK MENKUL DEGERELER A.S. 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 OYMDTRI1

The code OYMDTRI1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code OYMDTRI1

Receiving International Wire Transfers

To receive money from abroad at your OYAK MENKUL DEGERELER A.S. account in ISTANBUL, share SWIFT code OYMDTRI1 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 OYAK MENKUL DEGERELER A.S., ISTANBUL must provide SWIFT code OYMDTRI1. 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 OYAK MENKUL DEGERELER A.S. in ISTANBUL rely on SWIFT code OYMDTRI1 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 OYAK MENKUL DEGERELER A.S. →

For cheque clearing or NACH mandates, use the MICR code for OYAK MENKUL DEGERELER A.S. →

For TDS challan deposits, find the BSR code for OYAK MENKUL DEGERELER A.S. →

How SWIFT Code OYMDTRI1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code OYMDTRI1 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 OYAK MENKUL DEGERELER A.S..
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: OYAK MENKUL DEGERELER A.S. receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code OYMDTRI1

• Spaces or lowercase letters — Always enter OYMDTRI1 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 OYMDTRI1 directly with OYAK MENKUL DEGERELER A.S.'s ISTANBUL branch or via the SWIFT BIC Directory.