Eurasian Development Bank SWIFT/BIC code

SWIFT/BIC code of Eurasian Development Bank

EABRKZKA and EABRKZKAXXX are two ways of writing the same SWIFT/BIC code, and both lead to Eurasian Development Bank in Almaty. A BIC does one job: it ensures that a cross-border transfer ends up at the right bank. In practice you mostly come across it on invoices from abroad, in your banking app and in the bank details that Eurasian Development Bank provides.

We wrote this page to help people who receives money at an account at Eurasian Development Bank without mistakes. Remember that the BIC only identifies the bank, not the person: the account number or IBAN takes care of that.

Getting paid from abroad into a Eurasian Development Bank account

If you expect a payment from another country, send the payer all details at once. Give them your name as the bank knows it, your account number or IBAN, the BIC EABRKZKAXXX and your address, which some banks require.

You can include the bank name and Almaty too, because some payment forms have separate fields for them. A typo in the IBAN is more trouble than you might think; copy them from your banking app rather than typing.

An incoming payment will not always arrive in full. Intermediary banks may deduct a fee, and if the currency changes, a markup on the rate applies. Make clear with the sender who pays which costs.

Paying someone abroad from your Eurasian Development Bank account

The price of an international transfer has more than one component, and the transfer fee is only the most visible one. There is the transfer fee, sometimes fees charged by intermediary banks along the way and, above all, the exchange rate markup when the money is converted.

Banks do not list the margin on the rate as a cost. An easy check: put the bank’s rate against the mid-market rate and work out the difference on your amount.

For many currency pairs, a transfer service turns out to be cheaper than a traditional bank transfer – mostly thanks to the rate. On GoldexPay we compare what recipients receive with different providers, which makes the cheapest option easy to spot. You can always keep your account at Eurasian Development Bank to fund the transfer, while a cheaper service handles the conversion.

How to check EABRKZKA before you pay

The safest source for a SWIFT code is the recipient’s own bank details. When the code you were given differs from EABRKZKA or EABRKZKAXXX, stop and ask – contact the recipient or Eurasian Development Bank.

Mistakes in the BIC are costly more than disastrous. Remember the IBAN: a mistake there can be harder to correct than a wrong BIC.

Many banking apps check the format of an IBAN and sometimes look up the BIC automatically, but that does not prove the account belongs to the right person. Where available, a payee name check on the recipient gives an extra layer of safety. Sending a small amount first is worth it for large sums.

EABRKZKA or EABRKZKAXXX – which one to use?

A BIC is built from fixed blocks: characters one to four identify the bank, characters five and six give the country and characters seven and eight mark the location. For Eurasian Development Bank, that core is EABRKZKA.

Many banks and apps work with both lengths. If a form requires eleven characters, enter EABRKZKAXXX, otherwise EABRKZKA is fine.

As a rule the code is typed in capitals and without spaces. A wrong letter may route the money to another bank.

How long does an international transfer to Eurasian Development Bank take?

How fast a transfer reaches Eurasian Development Bank depends on a few things: which currency you send, the number of banks in between, daily processing deadlines and time zones. Payments made late in the day or on a weekend or public holiday usually start a business day later. Compliance checks on larger or unusual payments can also cause a delay, even when all details are correct.

A growing number of banks are connected to SWIFT gpi, which lets them follow a payment from bank to bank. Every payment carries a unique reference, the UETR that banks can use to trace it. Money transfer services often show tracking online showing how far the payment is.

A missing payment has to be investigated by the sending bank on the basis of the transfer details. Ask the sender for the payment receipt; that often settles the question quickly.

Eurasian Development Bank: head office code versus branch codes

Eurasian Development Bank has 2 separate SWIFT/BIC codes. One of them is the head office code; the others belong to branches or departments.

In most cases there is no need to look up a branch: payments addressed to EABRKZKAXXX reach Eurasian Development Bank without problems. Just use a branch code when the account holder gives you that exact code, for example on a letter or invoice.

When in doubt, ask the person you are paying which code their bank gave them. Branch codes can change when banks reorganise, so a code from an old document is not always valid.

A note on our data

The codes on this page are taken from public sources that we update regularly. It is possible that a code on this page is out of date after a merger or reorganisation. The number of codes we show reflect our own data, not official figures from Eurasian Development Bank.

Use this page as a starting point, rather than as the last word – the bank details from the recipient are leading. GoldexPay is an independent comparison service and not affiliated with Eurasian Development Bank. Found outdated information? Tell us via our contact form so we can correct it.

Scams that use SWIFT codes

Scammers often send fake invoices with changed bank details sent from what looks like a familiar address. The fact that EABRKZKA exists does not mean that a request mentioning it is genuine.

Before paying, confirm a change of bank details by phone on a number you know, not one from the message. Watch out for time pressure, odd spelling or a sender address that is slightly off. If money was sent to the wrong account, contact your bank immediately – speed improves the chance of getting it back.

Scams also work the other way: someone claims to have sent more than agreed and asks you to refund the difference via a different route. Do not act before the money has really arrived and check with Eurasian Development Bank if anything seems off.