B and N Bank (Public Joint-Stock Company) SWIFT/BIC code

What BINORU21 means for a payment to B and N Bank (Public Joint-Stock Company)

Whether you are given BINORU21 or BINORU21XXX, it is the same address for B and N Bank (Public Joint-Stock Company) in Russia. A BIC does one job: it ensures that a cross-border transfer ends up at the right bank. In daily life you mostly come across it on international invoices, in payment forms and on the account details that B and N Bank (Public Joint-Stock Company) provides.

Further down we go through the practical side: receiving money at B and N Bank (Public Joint-Stock Company), paying someone in another country and how to verify the code before you confirm a payment. Remember that the SWIFT code only identifies the bank, not the person: the IBAN or account number takes care of that.

Which of the 54 codes of B and N Bank (Public Joint-Stock Company) do you need?

With 54 codes, B and N Bank (Public Joint-Stock Company) belongs to the banks that use separate codes for parts of the organisation and departments. The head office code remains BINORU21XXX.

For the vast majority of payments to a private or business account, the head office code BINORU21XXX is the right choice. Only use a branch code when the recipient gives you that exact code, for example on an invoice or in their bank details.

Unsure which code to use? Check with the recipient. Codes can change over time, so do not rely on old paperwork.

Receiving money from abroad at B and N Bank (Public Joint-Stock Company)

A sender in another country needs a few details about your account, and missing ones are a common cause of delays. Give them your name as the bank knows it, the IBAN or account number, SWIFT code BINORU21XXX and your address.

Their bank might also ask for the address of your bank, in which case the Moscow head office is the usual answer. A mistake in the IBAN can be more trouble than it looks, so copy the details from your online banking.

An incoming payment will not always land in full. Charges on incoming payments differ from bank to bank – the price list of B and N Bank (Public Joint-Stock Company) tells you what applies. Agree with the sender who covers the fees, especially for larger amounts.

Tracking a transfer to or from B and N Bank (Public Joint-Stock Company)

How quickly a payment arrives at B and N Bank (Public Joint-Stock Company) depends on several factors: which currency you send, how many intermediary banks are involved, cut-off times and differences in time zone. Weekends and public holidays in either country add a day or more to the journey. Occasionally a bank wants to know about the purpose of a payment before releasing it.

Many banks are connected to SWIFT gpi for faster and traceable payments. Every gpi transfer carries a unique reference, the UETR. Specialist transfer services usually show a status online so you can see where the money has got.

If the money does not arrive after a few business days, the person who paid needs to start with the bank that sent it rather than B and N Bank (Public Joint-Stock Company). Ask the sender for the payment receipt including the reference.

A note on our data

The details here are taken from publicly available data which we refresh regularly. It can happen that a code here is out of date. Counts and locations are from our directory and are not confirmed by B and N Bank (Public Joint-Stock Company).

Use this page as a reference, rather than as the last word – the bank details from the recipient are leading. GoldexPay is a comparison service for money transfers and not part of B and N Bank (Public Joint-Stock Company). Spotted outdated information? Let us know through the contact page and we will look into it.

Scams that use SWIFT codes

Scammers often send payment requests containing changed bank details. A valid SWIFT code tells you nothing about who owns the account: scammers use real codes of real banks.

Never trust contact details in the same message that contains the new account. Urgency and requests to keep it quiet tend to be red flags; a genuine business can wait for you to check. When a payment was sent to a fraudster, contact your bank immediately – speed improves the chance of getting it back.

Recipients can be targeted as well: one known trick is an overpayment followed by a request to refund the difference. Wait until the money is actually in your account.

What the XXX in BINORU21XXX means

The layout of every SWIFT code is always the same: four characters for the institution, two for the country and a two-character location code. In this case, that core is BINORU21.

The long version has three more characters for a branch or department. When those three characters are XXX, the code points to the head office, which is why BINORU21XXX and BINORU21 lead to the same place.

Do not add spaces when you enter BINORU21; the code is always written in one block. A single character can send the money to a different institution, so copy it carefully.

International transfers from B and N Bank (Public Joint-Stock Company): the real cost

If you send money to another country from B and N Bank (Public Joint-Stock Company), the fee you see is rarely all of what you pay. On top of a fixed fee, correspondent or intermediary banks can take a cut, and if currencies are converted the bank usually applies a rate below the real market rate.

Many banks rarely show their exchange rate markup as a cost. Check the rate you are offered with the mid-market rate.

Money transfer services often offer a rate near the mid-market rate and lower fees. GoldexPay compares transfer providers side by side so you can see the amount the recipient gets. You can still use your account at B and N Bank (Public Joint-Stock Company) as the source of the money.

Is BINORU21 still correct? How to check

The best place to find the right code is a document from the bank itself like a bank statement or the account page in online banking. Check that code against BINORU21 here and ask if anything does not match.

With a wrong code, the payment might be delayed, be returned or cost extra, and tracing it can take weeks. Remember the account number: a mistake there is more difficult to correct than a wrong BIC.

Most online banking apps validate the format of an IBAN and some suggest the matching BIC – that confirms the format, not the owner. If your bank offers it, a name check before sending adds extra certainty. When you pay someone new, some people start with a small amount first before sending the rest.