SWIFT/BIC code RUAGRUM1040
RUAGRUM1040 belongs to JSC Rosselkhozbank in Magadan, Russia.
Code details
| SWIFT/BIC code | RUAGRUM1040 |
|---|---|
| 8-character code | RUAGRUM1 |
| Branch code | 040 |
| Bank | JSC Rosselkhozbank |
| Branch | Magadansky Branch |
| City | Magadan |
| 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.
- 040 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 BIC RUAGRUM1040?
RUAGRUM1040 is the SWIFT/BIC code of Magadansky Branch, part of JSC Rosselkhozbank in Magadan, Russia. Only use it if the account is held at this specific branch.
Which details do I need to send money to an account at JSC Rosselkhozbank?
You need the SWIFT/BIC code RUAGRUM1040, the account number or IBAN of the recipientand the name of the account holder. Russia uses international SWIFT transfers, so the BIC is required.
What does each part of RUAGRUM1040 stand for?
RUAG is the bank code of JSC Rosselkhozbank, RU stands for Russia, M1 is the location code and 040 is the code of the department Magadansky Branch.
How long does a transfer to JSC Rosselkhozbank take?
A SWIFT payment typically takes 2–5 business days, because of intermediary banks and cut-off times. Money transfer services are often quicker than a bank.
What happens if I enter RUAGRUM1040 with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check RUAGRUM1040 with the recipient before sending.
What is the best way to send money to JSC Rosselkhozbank in Russia?
Banks often add several percent to the exchange rate on top of a fee. Check the amount that arrives in Russia with transfer services before you send – the difference can be large.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.