AK BARS BANK OAO, NOVGOROD BRANCH 7A BOYANA UL, VELIKIY NOVGOROD, Russia
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| BIC Name / Bank name / Institution Name | AK BARS BANK OAO |
| Bank Code / Institution Code | ARRS |
| Country | RUSSIA |
| Country Code (ISO 3166) | RU |
| City | VELIKIY NOVGOROD |
| City Code | 21 The City Code are Institution Specific, different BIC has allotted different City Code for same city. |
| Office Type | NOVGOROD BRANCH |
| Branch Code | NVG |
| Swift Code / BIC Code |
ARRSRU21NVG
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| Address | 7A BOYANA UL |
| Zip Code / Postal Code | 173000 |
| Note: Before Transferring payment to the Bank Branch, confirm from the payment receiver, if the Bank Branch is Active | |
| View Location on Google Map | |
| Whether Financial Institution IBAN Compliant | No, AK BARS BANK OAO is not IBAN Compliant. |
| Save on International Payment Transfers | |
What is a SWIFT Code / BIC code?
Business Identifier Codes (BIC) has been developed by Society for Worldwide Interbank Financial Telecommunication (SWIFT) to identify banks and financial institutions globally. That is why BIC Codes are also known as SWIFT Codes.SWIFT Codes / BIC Codes are used for transferring money between banks of different countries or SEPA payments. Banks also use these codes for exchanging financial messages.
SWIFT Code / BIC Code is formed of 8 or 11 characters in following system:
- First four characters in the SWIFT Code / BIC Code from left depicts bank code. In the case of AK BARS BANK OAO the first four characters from left ARRS indicates that it is AK BARS BANK OAO.
- Characters 5-6 from left in the SWIFT Code / BIC Code, depicts Country code of the bank. In the case of AK BARS BANK OAO characters 5 and 6 from left RU indicates that bank is in RUSSIA. It means that all the banks located in RUSSIA will have RU at 5th and 6th place from left in their Swift Codes / BIC Codes.
- Characters 7-8 from left in the SWIFT Code / BIC Code, depicts City Code of the Bank. In the case of AK BARS BANK OAO characters 7 and 8 from left 21 indicates that bank is in VELIKIY NOVGOROD. It means that all the branches of AK BARS BANK OAO located in VELIKIY NOVGOROD will have 21 at 7th and 8th place from left in their Swift Codes / BIC Codes.
- Characters 9-11 from left in the SWIFT Code / BIC Code, depicts Branch Code of the Bank.In the case of AK BARS BANK OAO characters 9 - 11 from left NVG indicates branch code. It means that AK BARS BANK OAO Branch code: NVG is used for branches located at :7A BOYANA UL. If XXX are in 9-11 place then it means that it is the Head Office of Bank / Financial institution.
- Many Banks has taken only one SWIFT Code per country or have one SWIFT Code per city, for processing International Payments of all the Branches of the country / city through SWIFT enabled branch. So, if your Bank Branch is not depicting in the list, contact your Bank Branch for the SWIFT Code transactions.