Where is SODIRER1 located?

The registered address on file for SODIRER1 is 3 RUE LA BOURDONNAIS SAIT, DENIS 97400 REUNION.

What is the 11-character version of SODIRER1?

The 8-character form is SODIRER1 and the 11-character form is SODIRER1XXX. A BIC ending in XXX refers to the head office. Banks that accept the 8-character form treat it as identical to the XXX form.

Is SODIRER1 a head office or a branch code?

SODIRER1 identifies the head office of SOCIETE FINANCIERE POUR LE, DEVELOPPEMENT DE LA REUNION.

SODIRER1

SOCIETE FINANCIERE POUR LE, DEVELOPPEMENT DE LA REUNION, BIC/SWIFT Code Details

SODIRER1 is the SWIFT/BIC code for SOCIETE FINANCIERE POUR LE, DEVELOPPEMENT DE LA REUNION in Reunion. It identifies the head office. The 8-character form is SODIRER1 and the 11-character form is SODIRER1XXX.

Address: 3 RUE LA BOURDONNAIS SAIT, DENIS 97400 REUNION

Analyze and plan cross-border transactions

Ohm reads your pacs.008, validates the beneficiary bank, checks the route and its correspondents, prepares the invoice and finds the right HS code.

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pacs.008.xml invoice.pdf

Can you analyze those documents?

Looks fine:

Beneficiary bank BIC and IBAN both check out
Payment route One correspondent, arrives next business day
Invoice Matches the amount and both parties
HS code Use 8471.30 for these goods, not ~~8473.30~~

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Correspondent Banks

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

Frequently asked questions

What bank does SODIRER1 belong to?: SODIRER1 is the SWIFT/BIC code for SOCIETE FINANCIERE POUR LE, DEVELOPPEMENT DE LA REUNION in Reunion.
Where is SODIRER1 located?: The registered address on file for SODIRER1 is 3 RUE LA BOURDONNAIS SAIT, DENIS 97400 REUNION.
What is the 11-character version of SODIRER1?: The 8-character form is SODIRER1 and the 11-character form is SODIRER1XXX. A BIC ending in XXX refers to the head office. Banks that accept the 8-character form treat it as identical to the XXX form.
Is SODIRER1 a head office or a branch code?: SODIRER1 identifies the head office of SOCIETE FINANCIERE POUR LE, DEVELOPPEMENT DE LA REUNION.

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Disclaimers

We are doing our best to demystify cross-border payments, however Ohmyfin 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 safe advice.