Detailed Guide: Using REDWOOD CREDIT UNION SWIFT Code for Global Transfers
When dealing with international finance, precision is paramount. The RERUUS62 Business Identifier Code (BIC) is the exclusive digital signature for REDWOOD CREDIT UNION located in SANTA ROSA, CA. Without this precise string of characters, your international wire transfer could be delayed, routed to the wrong intermediary, or returned with significant banking fees.
1. Understanding the 11-Character Logic
The code RERUUS62 is not a random sequence. It follows a strict ISO-9362
hierarchy that tells the global financial system exactly where your money needs to land:
- RERU: The Bank Code representing REDWOOD CREDIT UNION globally.
- US: The Country Code, identifying that the bank is regulated under United States laws.
- 62: The Location Code, usually pointing to the SANTA ROSA, CA hub.
- XXX: The Branch Code, specifying this exact physical office.
2. How to Receive Money in SANTA ROSA, CA
If you are a resident or business owner in SANTA ROSA, CA, you must provide the following information to your international sender. For transactions involving REDWOOD CREDIT UNION, ensure these fields are filled accurately in the MT103 (SWIFT Message Type):
| Field Name | Required Value |
|---|---|
| Beneficiary Name | Your Full Legal Name |
| Account Number | IBAN or Regional Account Format |
| BIC/SWIFT | RERUUS62 |
| Destination Bank | REDWOOD CREDIT UNION |
| Branch Location | SANTA ROSA, CA, United States |
3. Potential Fees & Intermediary Banking
It is important to note that a transfer to REDWOOD CREDIT UNION might not be direct. Depending on the relationship between your sender's bank and the US banking system, an "Intermediary Bank" might be involved. These banks may deduct a "Handling Fee" ranging from $15 to $50. Always ask your sender to choose the OUR instruction if they wish to cover all costs, or SHA to share the fees with you.
4. Frequently Asked Questions (Verified Answers)
What happens if I use the Head Office SWIFT instead of the SANTA ROSA, CA branch code?
In most cases, REDWOOD CREDIT UNION will
automatically route the funds to your account based on your Account Number/IBAN. However,
using the local RERUUS62 is recommended for faster processing
and lower risk of manual intervention.
Is RERUUS62 the same as a Routing Number?
No. Routing numbers are primarily used for domestic transfers within the USA. For international transfers to United States, the SWIFT code is the standard identifier used by the global banking network.
How can I verify if this code is still active?
The code RERUUS62 for
REDWOOD CREDIT UNION is part of the latest directory update. We
periodically refresh our database to ensure all codes for SANTA ROSA, CA are compliant
with current financial standards.
Note: Financial data changes. While RERUUS62 is
verified for REDWOOD CREDIT UNION, always perform a small test transfer for high-value
transactions. This resource is for educational purposes regarding the banking infrastructure in
SANTA ROSA, CA, United States.