Ate Bank Romania S.A. SWIFT code in detail
The SWIFT Code for Ate Bank Romania S.A. is .
The SWIFT Code for Ate Bank Romania S.A. is a unique alphanumeric code that plays a crucial role in international financial transactions. This 8 to 11 character code is structured in a specific way to provide essential information.
The first four characters represent the bank's code, identifying Ate Bank Romania S.A. itself. The next two characters are the country code, specifying the nation where Ate Bank Romania S.A. is located. Following that, the next two characters are the location code, providing details about the city or region of the bank's headquarters.
If the code is 11 characters long, the last three characters are optional and identify a specific branch of Ate Bank Romania S.A..
This systematic arrangement ensures that every transaction reaches the correct destination, making the SWIFT code an essential part of global banking operations.
Is using Ate Bank Romania S.A. SWIFT code the best way to transfer money?
While using Ate Bank Romania S.A. to send money to Romania might seem like a convenient option, it's often not the most cost-effective choice.
Traditional banks tend to add substantial margins to the exchange rate for international money transfers, making them one of the most expensive options available.
Instead, we recommend considering a specialized money transfer provider to send funds to Romania. These providers typically offer more competitive exchange rates and lower fees, resulting in significant savings.
By choosing a money transfer provider over Ate Bank Romania S.A., you are likely to find a more affordable and efficient way to transfer money to Romania.
Looking to send money? Instarem cover a wide range of currencies, and their exchange rates are among the most competitive globally. Visit Instarem below to find out more and start sending money in minutes.