Detailed Guide: Using SPECIALTY CHEMICALS HOLDING II B.V. SWIFT Code for Global Transfers
When dealing with international finance, precision is paramount. The REIFNL2R Business Identifier Code (BIC) is the exclusive digital signature for SPECIALTY CHEMICALS HOLDING II B.V. located in ROTTERDAM. 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 REIFNL2R 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:
- REIF: The Bank Code representing SPECIALTY CHEMICALS HOLDING II B.V. globally.
- NL: The Country Code, identifying that the bank is regulated under Netherlands laws.
- 2R: The Location Code, usually pointing to the ROTTERDAM hub.
- XXX: The Branch Code, specifying this exact physical office.
2. How to Receive Money in ROTTERDAM
If you are a resident or business owner in ROTTERDAM, you must provide the following information to your international sender. For transactions involving SPECIALTY CHEMICALS HOLDING II B.V., 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 | REIFNL2R |
| Destination Bank | SPECIALTY CHEMICALS HOLDING II B.V. |
| Branch Location | ROTTERDAM, Netherlands |
3. Potential Fees & Intermediary Banking
It is important to note that a transfer to SPECIALTY CHEMICALS HOLDING II B.V. might not be direct. Depending on the relationship between your sender's bank and the NL 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 ROTTERDAM branch code?
In most cases, SPECIALTY CHEMICALS HOLDING II B.V. will
automatically route the funds to your account based on your Account Number/IBAN. However,
using the local REIFNL2R is recommended for faster processing
and lower risk of manual intervention.
Is REIFNL2R the same as a Routing Number?
No. Routing numbers are primarily used for domestic transfers within the USA. For international transfers to Netherlands, 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 REIFNL2R for
SPECIALTY CHEMICALS HOLDING II B.V. is part of the latest directory update. We
periodically refresh our database to ensure all codes for ROTTERDAM are compliant
with current financial standards.
Note: Financial data changes. While REIFNL2R is
verified for SPECIALTY CHEMICALS HOLDING II B.V., always perform a small test transfer for high-value
transactions. This resource is for educational purposes regarding the banking infrastructure in
ROTTERDAM, Netherlands.