SWIFT/BIC code VAKORU21XXX
VAKORU21XXX belongs to Vakobank in Velikie Luki, Russia.
Code details
| SWIFT/BIC code | VAKORU21XXX |
|---|---|
| 8-character code | VAKORU21 |
| Branch code | XXX |
| Bank | Vakobank |
| Branch | Head office |
| City | Velikie Luki |
| Country | Russia |
How the Vakobank SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- VAKO 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.
- XXX 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 institution uses SWIFT/BIC code VAKORU21XXX?
VAKORU21XXX identifies the head office of Vakobank in Velikie Luki, Russia. It is the code to use when a payment to Vakobank does not need a specific branch.
What do the letters in VAKORU21XXX mean?
VAKO is the bank code of Vakobank, RU is the ISO code of Russia, 21 is the code for the city or region and XXX means the main office.
Which details do I need for a transfer to an account at Vakobank?
You need the SWIFT/BIC code VAKORU21XXX, the account number or IBAN of the recipient, their full name and address. Russia is not part of SEPA, so always include the BIC.
How long does it take to send money to Vakobank in Russia?
An international SWIFT transfer usually takes 1–5 business days, depending on correspondent banks and time zones. Specialist transfer services are often quicker than a bank.
What is the cheapest way to send money to Vakobank?
Many banks add 1–3% to the exchange rate on top of a fee. Check what you receive in Russia with specialist providers before you send – the difference can be large.
Is VAKORU21 and VAKORU21XXX the same SWIFT code?
Yes, they are. VAKORU21 is the 8-character version of VAKORU21XXX. XXX simply refers to the head office, so either version will reach Vakobank in Velikie Luki.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.