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Russian Federation Nalchik swift codes - Russian Federation Nalchik bic bank codes


Scheme of Shared Connection is developed by SWIFT for connection of affiliated organisations by parent organisation though it can be used by the foreign financial organisations. This is an effective decision which allows to focus financial streams. The Service bureau has no right to send and receive SWIFT-message on behalf of its own so that excludes a competition with the financial organisations. Usage of SWIFT at realisation of calculations with corporate clients becomes an important direction in development of settlement infrastructures of banks. All procedure of the introduction of the user in SWIFT takes not less than 2 months at collective and not less than four months at own connection. Also it is known as SWIFT-BIC (English Business Identifier Codes) BIC code SWIFT ID or SWIFT code. FIN is basic service SWIFT for message transfer. Over 7 500 financial institutions more than in 200 countries use FIN for the protected exchange of the financial information reliable and economically effective.


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