ACTINVEST SA, BIC/SWIFT Code Details
Address: N. LORGA 2 BRASOV 00000, ROMANIA
General instructions for international payments to banks in ROMANIA:
Information provided by the Beneficiary: Remitter should obtain all required bank information from the Beneficiary (e.g., SWIFT BIC, IBAN, and beneficiary bank address).
Country Requirements/Restrictions:
Romania is a member of the European Union (EU) and is adopting the payment practices of the European Union. However, it has not adopted the Euro. SEPA: Strict formatting standards and SEPA guidelines exist in Europe regarding cross-border payments. IBAN and SWIFT BIC are required for all Euro payments. SEPA standards apply for Euro payments to beneficiaries with accounts in Romania.
Payment Formatting Rules for RON:
Ordering Customer (SWIFT MT103 F50): Include account number, full name (no initials), and address of the ordering customer. Use of initials can delay receipt of funds.
Beneficiary Customer (SWIFT MT103 F59): Include account number (IBAN), full name (no initials), and address of the beneficiary customer. Use of initials may delay receipt of funds by the beneficiary. IBAN numbers for beneficiaries with accounts in Romania must be included in the payment instructions.
Example Account #: RO98 ABCD 7E65 4321 9876 5432
If the final beneficiary is TREZROBU (Ministry of Public Finance), the NIF tax code is required.
Beneficiary Bank (SWIFT MT103 F57): Include SWIFT BIC with branch identifier (where required), full name, and address of the beneficiary bank. SWIFT BIC is 8 or 11 alphanumeric characters: xxxxROxx or xxxxROxxxxx.
Reason for Payment (SWIFT MT103 F70): Purpose of payment is recommended.
Additional Information: Customer transfers will be executed in accordance with the banking practices of the receiving bank and within four days after receipt of the instructions.
IBAN: In Romania, the IBAN consists of 24 alphanumeric characters. It is structured with the country code 'RO', followed by a two-digit check number, a four-letter bank identifier, and a sixteen-character account number. Example: RO98ABCD7E65432198765432
Standard Settlement Instructions (SSI) contain the list of correspondent banks of ACTINVEST SA for each currency.
To track a SWIFT cross-border payment to or from ACTINVEST SA, you need a UETR code, reference number, amount, payment date, and currency. This information is typically found in an MT103 form.
We are doing our best to demystify cross-border payments, however TrackMySwift is not responsible for any delays or losses related to usage of the information and services from our web site. Please contact your banks to receive a safe advise. Country-specific payment instructions have been prepared based on Global Wires Payments Formatting Requirements Guide from J.P.Morgan.