Furthermore routing information as specified by ISO 9362 does not contain check digits, so simple errors of transcription were not detectable and it was not possible for a sending bank to validate the routing information prior to submitting the payment. This code is also used by banks across the globe to exchange messages between them.
The last three letters tell us more about the branch related to a financial institution, which is but an optional code of letters that come along with the other details of a financial institution. Businesses that plan to enter into transactions with clients located in other countries should take note of the bank swift code to enable smooth international transactions.
| Country | City | Bank Name | Branch | SWIFT |
|---|---|---|---|---|
| Romania | Bucharest | Creditcoop Casa Centrala | Creditcoop Casa Centrala | CRCOROBUXXX |