SOMABY22

IDEA BANK, BIC/SWIFT Code Details

Payment Instructions

General instructions for international payments to banks in REPUBLIC OF BELARUS:

Overview

Information provided by the Beneficiary: Remitter should obtain all required bank information from the Beneficiary (e.g. SWIFT BIC, account number, and beneficiary bank address). For additional information, please refer to www.nbrb.by/engl/.

Country Requirements/Restrictions

Belarusian 'resident' beneficiary may be required to provide supporting documentation to comply with the country’s Exchange Control Regulations. Taxpayer code required (UNN or UNP, INN).

Payment Formatting Rules for BYN

Note: Payments are currently suspended.

IBAN: In Belarus, the IBAN consists of 28 characters. It follows the format BY2!n4!c4!n16!c, where 'BY' is the country code, followed by two check digits, then a four-character bank code, four numeric bank branch identifier, and a sixteen-character account number. Example of electronic format: BY98ABCD12345678912345678912 and print format: BY98 ABCD 1234 5678 9123 4567 8912.

Correspondent Banks

Standard Settlement Instructions (SSI) contain the list of correspondent banks of IDEA BANK for each currency.

Payment Tracking

To track a SWIFT cross-border payment to or from IDEA BANK, you need a UETR code, reference number, amount, payment date, and currency. This information is typically found in an MT103 form.

Disclaimers

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.