SWIFT/BIC code JORORU21MAB
JORORU21MAB belongs to Rost Bank in Magadan, Russia.
Code details
| SWIFT/BIC code | JORORU21MAB |
|---|---|
| 8-character code | JORORU21 |
| Branch code | MAB |
| Bank | Rost Bank |
| Branch | Magadan Branch |
| City | Magadan |
| Country | Russia |
How the Rost Bank SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- JORO Bank code
- 4 letters that identify the bank.
- RU Country code
- 2 letters for the country (ISO 3166).
- 21 Location code
- 2 characters for the city or region of the head office.
- MAB Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
Which bank uses SWIFT code JORORU21MAB?
The code JORORU21MAB belongs to Magadan Branch, a unit of Rost Bank in Magadan, Russia. Use this branch code only when the recipient or their bank explicitly asks for it.
How long does a transfer to Rost Bank take?
A SWIFT payment typically takes 2–5 business days, because of intermediary banks and cut-off times. Specialist transfer services are often quicker and cheaper.
Which details do I need for a transfer to an account at Rost Bank?
Have ready the SWIFT/BIC code JORORU21MAB, the account number or IBAN of the recipientand the name of the account holder. Russia is not part of SEPA, so always include the BIC.
Can I use JORORU21 instead of JORORU21MAB?
JORORU21 is the head office of Rost Bank, while JORORU21MAB is Magadan Branch. For a normal transfer the head office code is usually fine, but use JORORU21MAB if the recipient asks for it.
What is the best way to send money to Rost Bank in Russia?
Many banks add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Russia with specialist providers before you send.
What happens if I use JORORU21MAB incorrectly?
The payment may be delayed, returned or charged extra fees. Always check JORORU21MAB against the details from Rost Bank before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.