Baltiyskiy Bank SWIFT/BIC code

BABJRU2P – the SWIFT/BIC code of Baltiyskiy Bank

Whether a recipient gives you BABJRU2P or BABJRU2PXXX, you are looking at the identical address for Baltiyskiy Bank in Russia. A BIC has a single purpose: it makes sure that an international payment ends up at the right bank. It comes up mostly for transfers between countries or a currency.

We wrote this page to help anyone who receives money at an account at Baltiyskiy Bank and wants to get the details right. The SWIFT code on its own does not identify an individual account holder; that is what the IBAN or account number is for.

Which of the 2 codes of Baltiyskiy Bank do you need?

Having 2 codes in 1 locations, Baltiyskiy Bank belongs to the banks that use individual codes for branches. The main code remains BABJRU2PXXX.

For most payments to a private or business account, the head office code BABJRU2PXXX works fine. If you have been given a specific code, use it as it is instead of swapping it for the head office code.

When in doubt, ask the person you are paying for the exact BIC in their bank details. Codes are sometimes changed or retired over time.

Paying someone abroad from your Baltiyskiy Bank account

A bank transfer abroad can cost rather more than the listed fee. Besides a fixed fee, banks in between may take a cut, and if the money changes currency the bank often applies a rate below the actual market rate.

Most of the cost usually sits in the exchange rate: the bank converts at a rate with a margin built in. A simple test: put the bank’s rate against the mid-market rate and work out the difference on your amount.

Money transfer services frequently use a rate near the mid-market rate and lower fees. On GoldexPay we compare what recipients receive with different providers, so you can pick the cheapest route. You can always use your account at Baltiyskiy Bank as the source of the money, while a cheaper service handles the conversion.

How to check BABJRU2P before you pay

The most reliable place for the right code remains paperwork issued by the bank like a bank statement or the account page in online banking. When the code you were given does not match BABJRU2P or BABJRU2PXXX, stop and ask.

An incorrect BIC can cause a delay, a returned payment or additional charges. A mistake in the IBAN or account number can be a bigger problem, because the money may be credited to someone else; check it just as carefully.

A validity check by your bank merely confirms that the code exists. Where available, a name check before sending gives extra certainty. When you pay someone new, some people send a small amount first.

How up to date is this code?

The directory on GoldexPay is based on publicly available sources and is updated regularly. Even so, banks merge, rename themselves or retire codes and our data may lag behind. Figures such as the number of codes come from our own dataset and are not confirmed by Baltiyskiy Bank.

Use our data as a reference, rather than as the final word: the recipient’s bank details come first. GoldexPay is independent of Baltiyskiy Bank, we only compare transfer services. If you notice a mistake, we appreciate a short note.

8 or 11 characters: BABJRU2P versus BABJRU2PXXX

A SWIFT code is built from fixed blocks: characters one to four stand for the bank, the next two show the country and characters seven and eight mark the location. In this case, that core is BABJRU2P.

XXX at the end of BABJRU2PXXX is not a missing value or an error: it stands for the main office of Baltiyskiy Bank. Some banking apps insist on 11 characters, in which case you can add XXX after BABJRU2P.

Enter the code as one block, in upper case and without separators. A single letter can send the money to a different institution, so copy it carefully.

Protect yourself against fake payment requests

Criminals often send payment requests with new bank details sent from what looks like a familiar address. A valid SWIFT code tells you nothing about who owns the account: scammers use real codes of real banks.

Verify new bank details through a different channel, such as a phone number you already know. Pressure or secrecy are warning signs; a genuine business can wait for you to check. Acted too fast? Call the bank you paid from without delay and have them try to recall the payment.

Recipients are targeted too: one known trick is an overpayment and then sends a request to send back the difference. Do not act before the money is actually in your account – ask Baltiyskiy Bank if something looks wrong.

Transfer times and tracking a payment to Baltiyskiy Bank

There is no fixed answer for international payments: many arrive within a day, others take several business days. Payments made late in the day or on weekends and holidays usually go out the next business day. Occasionally a bank wants to know what the payment is for, which can hold things up.

If a transfer seems late, ask your bank for the tracking status or the UETR. Keep your transfer receipt until the money has arrived.

The bank that sent the money can request a trace or a recall; the receiving side usually has nothing to trace yet. Ask the sender for the payment receipt – it helps your own bank look for the money.

Receiving money from abroad at Baltiyskiy Bank

A sender in another country needs several details from you – incomplete details often cause delays. The basics are: the account holder’s name, IBAN or account number, BABJRU2PXXX or BABJRU2P and in many cases your home address.

Certain banks also ask for the address of Baltiyskiy Bank in St. Petersburg. Check the details before you share them, because the sender’s bank usually copies them as is.

The amount you receive is often lower than what was sent. Correspondent banks can take a fee and your own bank may charge for processing, and if the money is converted, a markup on the rate comes on top. Make clear with the sender who pays which costs.