Agrosoyuz Bank SWIFT/BIC code

Agrosoyuz Bank SWIFT code: AGRYRUM1

If an invoice shows AGRYRUM1 or AGRYRUM1XXX, it is the same address for Agrosoyuz Bank in Russia. A SWIFT code tells the sending bank exactly which bank is meant to get the money. You will need it mainly when dealing with transfers between countries or a currency.

Further down you will find the practical side: money coming in from abroad, sending money abroad and how to verify a SWIFT code before you confirm a payment. Keep in mind that the SWIFT code just identifies the bank, not the person: the IBAN or account number takes care of that.

Before you send: check the Agrosoyuz Bank code

The best place to find the correct BIC is paperwork issued by the bank. If the code you have differs from AGRYRUM1 or AGRYRUM1XXX, do not guess – contact the recipient or Agrosoyuz Bank.

Mistakes in the SWIFT code are costly rather than disastrous: often the payment comes back, minus fees. An error in the account number can be more serious; check it just as carefully.

A format check in your banking app merely tells you that the IBAN exists, not that it is the right account. Some banks now check the payee name with the account. For a first payment, many people send a small test amount before sending the rest.

Getting paid from abroad into a Agrosoyuz Bank account

For an international payment at Agrosoyuz Bank, the person paying you has to have not just the BIC. Share the account holder’s name, the IBAN or account number, SWIFT code AGRYRUM1XXX and your address.

Their bank might also ask for the address of your bank; the head office in Moscow is usually fine. Double-check every detail before you send them – a sender rarely spots a mistake in someone else’s details.

What lands in your account is often lower than the amount sent. Intermediary banks may deduct a fee and your own bank may charge for processing, and when currencies differ, a markup on the rate comes on top. On invoices, you can agree who bears the costs to avoid a shortfall.

Why Agrosoyuz Bank has an 8- and an 11-character code

A SWIFT code is made up of a few fixed parts: the first four letters stand for the bank, the next two give the country and the two after that indicate the location. In this case, that core is AGRYRUM1.

Most payment forms accept both lengths. If yours requires eleven characters, use AGRYRUM1XXX; if it wants eight, use AGRYRUM1.

Type the code in one piece, in capitals and without spaces, exactly as shown here. A single character may route the money to another bank.

A note on our data

We gather SWIFT/BIC codes from publicly available data and update our list from time to time. Banks reorganise, close branches and retire codes – a directory can be a step behind. Figures such as the number of codes come from our directory and are not confirmed by Agrosoyuz Bank.

Treat the information on this page as a helpful check. GoldexPay is a comparison service for money transfers and not affiliated with Agrosoyuz Bank. Found outdated information? Let us know via our contact form and we will look into it.

Which of the 4 codes of Agrosoyuz Bank do you need?

Having 4 codes, Agrosoyuz Bank is one of the banks that register separate codes for branches. The head office code is AGRYRUM1XXX.

For most incoming transfers, the head office code AGRYRUM1XXX works fine. A branch code only makes sense if the recipient’s bank explicitly asks for it, which is more common for business accounts and specialised services.

If you are not sure, ask the person you are paying which code their bank gave them. Codes for branches are more prone to change than AGRYRUM1XXX.

Watch out for payment fraud

A common scam goes like this: an email arrives with a request saying that a supplier now has new bank details and asking you to pay there from now on. The fact that AGRYRUM1 exists does not mean that a request mentioning it is legitimate.

Never trust contact details in the same message that announces the change. Watch out for time pressure, unusual wording or a sender address that is slightly off. When a payment has already gone to the wrong account, call your bank right away: the sooner they act, the better the chance of a recall.

Fraud also work the other way: someone sends more than agreed and asks you to refund the extra via a different route. Do not act before the money is actually in your account.

Transfer times and tracking a payment to Agrosoyuz Bank

How quickly a transfer reaches Agrosoyuz Bank is determined by several factors: which currency you send, the number of banks in between, cut-off times and time zones. Weekends and public holidays in the sending or receiving country can add extra days. Compliance checks by one of the banks can also add a delay, even when all details are correct.

If a transfer is late, contact the sending bank about the status or the UETR so they can trace it along the chain. Save your transfer receipt until the money has arrived; it contains the details a bank needs to start a trace.

If the money does not arrive within the expected time, the person who paid should start with the bank that sent it rather than Agrosoyuz Bank. On the receiving end, it helps to look at your statements to see a partial amount, since fees may have been deducted.

Sending money abroad from Agrosoyuz Bank

What you pay for a payment abroad has more than one component, and the transfer fee is only the most visible one. You pay the fee for the transfer itself, sometimes charges from correspondent banks in between and, above all, the margin on the exchange rate if the currency changes.

Banks rarely list the margin on the rate as a cost – you only notice it if you compare. Check the rate you are offered with the mid-market rate, the midpoint between buy and sell rates you see on financial sites. The difference is your real conversion cost.

For many currency pairs, a transfer service is less expensive than a bank. On GoldexPay you can compare the amount that arrives with different services, which makes the cheapest option easy to spot. Using a transfer service does not mean closing your account at Agrosoyuz Bank.