Question 1

What is the SWIFT code for SOCIETE FINANCIERE DE DEVELOPPEMENT DE LA REUNION (SOFIDER)?

Accepted Answer

The SWIFT/BIC code for SOCIETE FINANCIERE DE DEVELOPPEMENT DE LA REUNION (SOFIDER) is SODIRER1. 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 SOCIETE FINANCIERE DE DEVELOPPEMENT DE LA REUNION (SOFIDER)?

Accepted Answer

To send money internationally to SOCIETE FINANCIERE DE DEVELOPPEMENT DE LA REUNION (SOFIDER), provide your bank with the SWIFT/BIC code SODIRER1 (Saint-Denis, France) along with the recipient's full IBAN. Your bank will route the transfer via the SWIFT network.

Question 3

Is SOCIETE FINANCIERE DE DEVELOPPEMENT DE LA REUNION (SOFIDER) a SEPA member?

Accepted Answer

Yes, SOCIETE FINANCIERE DE DEVELOPPEMENT DE LA REUNION (SOFIDER) 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 SODIRER1 mean?

Accepted Answer

In the BIC code SODIRER1: "SODI" is the institution code identifying SOCIETE FINANCIERE DE DEVELOPPEMENT DE LA REUNION (SOFIDER), "RE" is the ISO 3166-1 country code for France, and "R1" is the location code indicating the bank's city or timezone zone.

SODIRER1

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