SWIFT/BIC code RUAGRUM1038
RUAGRUM1038 belongs to JSC Rosselkhozbank in Ivanovo, Russia.
Code details
| SWIFT/BIC code | RUAGRUM1038 |
|---|---|
| 8-character code | RUAGRUM1 |
| Branch code | 038 |
| Bank | JSC Rosselkhozbank |
| Branch | Ivanovsky Branch |
| City | Ivanovo |
| Country | Russia |
The way the JSC Rosselkhozbank SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- RUAG Bank code
- 4 letters that identify the bank.
- RU Country code
- 2 letters for the country (ISO 3166).
- M1 Location code
- 2 characters for the city or region of the head office.
- 038 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 branch is behind SWIFT code RUAGRUM1038?
RUAGRUM1038 is the SWIFT/BIC code of Ivanovsky Branch, a branch or department of JSC Rosselkhozbank in Ivanovo, Russia. Only use it if the recipient or their bank explicitly asks for it.
What does each part of RUAGRUM1038 stand for?
RUAG is the institution code of JSC Rosselkhozbank, RU stands for Russia, M1 is the code for the city or region and 038 identifies the department Ivanovsky Branch.
What happens if I use RUAGRUM1038 incorrectly?
Your transfer can bounce, get stuck or cost extra. Double-check RUAGRUM1038 with the recipient before you confirm.
How long does a transfer to JSC Rosselkhozbank take in Russia?
A SWIFT payment typically takes 1–5 business days, because of intermediary banks and cut-off times. Money transfer services are often quicker and cheaper.
Can I use RUAGRUM1 instead of RUAGRUM1038?
RUAGRUM1 points to the head office of JSC Rosselkhozbank, while RUAGRUM1038 points to Ivanovsky Branch. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention RUAGRUM1038.
Which details do I need for a transfer to an account at JSC Rosselkhozbank?
Have ready the SWIFT/BIC code RUAGRUM1038, the account number or IBAN of the recipient, their full name and address. Russia is not part of SEPA, so always include the BIC.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.