Question 1

What is the SWIFT code for PAYMENT INSTITUTION SMITH AND SMITH SRL?

Accepted Answer

The SWIFT/BIC code for PAYMENT INSTITUTION SMITH AND SMITH SRL is SSRRROB1. This 8-character code identifies the bank in international wire transfers and is registered with SWIFT (Society for Worldwide Interbank Financial Telecommunication).

Question 2

How do I send an international wire transfer to PAYMENT INSTITUTION SMITH AND SMITH SRL?

Accepted Answer

To send money internationally to PAYMENT INSTITUTION SMITH AND SMITH SRL, provide your bank with the SWIFT/BIC code SSRRROB1 (BUCHAREST, Romania) along with the recipient's full IBAN. Your bank will route the transfer via the SWIFT network.

Question 3

Is PAYMENT INSTITUTION SMITH AND SMITH SRL a SEPA member?

Accepted Answer

Yes, PAYMENT INSTITUTION SMITH AND SMITH SRL is a SEPA (Single Euro Payments Area) member. Euro transfers within the SEPA zone can be processed as fast, low-cost SEPA Credit Transfers using the recipient's IBAN, with no SWIFT fees required for intra-SEPA payments.

Question 4

What does the BIC code SSRRROB1 mean?

Accepted Answer

In the BIC code SSRRROB1: "SSRR" is the institution code identifying PAYMENT INSTITUTION SMITH AND SMITH SRL, "RO" is the ISO 3166-1 country code for Romania, and "B1" is the location code indicating the bank's city or timezone zone.

SSRRROB1

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