'bank Sgb' PJSC SWIFT/BIC code

SGAZRU22 – the SWIFT/BIC code of 'bank Sgb' PJSC

The 8-character code SGAZRU22 and the 11-character code SGAZRU22XXX identify one and the same institution: 'bank Sgb' PJSC. A BIC has a single purpose: it makes sure that a cross-border transfer ends up at the right bank. In practice you mostly see it on international invoices, in payment forms and on the account details that 'bank Sgb' PJSC provides.

Further down you will find the practical questions: money coming in from abroad, paying someone in another country and how to verify the code before you hit send. A SWIFT code names an institution, not a single account; the IBAN or account number does that.

Transfer times and tracking a payment to 'bank Sgb' PJSC

There is no single answer: some arrive within a day. Transfers sent late in the day or on a weekend or public holiday often start the next business day. Compliance checks by one of the banks can also cause some delay, regardless of the details.

If a transfer is late, contact the sending bank for the tracking status; with that reference banks can see where the payment is. Specialist transfer services often show tracking in their app so you can see where the payment is.

If the money does not arrive after a few business days, the sender needs to contact the bank that sent it, not the receiving bank. As a recipient, you can check your account for a partial amount, since fees may have been deducted.

A note on our data

We gather SWIFT/BIC codes using public sources and update them from time to time. Even so, banks merge, rename themselves or change codes, so information can be out of date. The number of codes on this page are based on what is in our directory.

Use our data as a starting point, rather than as the final word: the recipient’s bank details come first. GoldexPay is a comparison service for money transfers and not affiliated with 'bank Sgb' PJSC. If you notice something that is out of date, we appreciate a message.

Why 'bank Sgb' PJSC has an 8- and an 11-character code

The layout of a BIC is always the same: a bank code of four letters, a two-letter country code and two for the location. That gives you SGAZRU22.

Most payment forms accept either length. If yours asks for eleven characters, use SGAZRU22XXX; if it wants eight, use SGAZRU22.

As a rule the code is typed in capitals, without spaces or dashes. A wrong character may route the money to a different institution, so check it twice.

'bank Sgb' PJSC: head office code versus branch codes

Having 16 codes, 'bank Sgb' PJSC belongs to the banks that register separate codes for parts of the organisation and departments. The main code is SGAZRU22XXX.

For the vast majority of incoming transfers, the head office code SGAZRU22XXX works fine. A branch code only makes sense if the recipient’s bank explicitly mentions it, which is more common for corporate accounts and specialised services.

When in doubt, check with the recipient for the exact BIC in their bank details. Branch codes are sometimes changed or retired when banks reorganise, so a code from an old document is not always valid.

Protect yourself against fake payment requests

One of the most common tricks works like this: you receive a request saying that a supplier now has new bank details and asking you to pay there from now on. The fact that SGAZRU22 exists is no guarantee that a request mentioning it is legitimate.

Check changed bank details via a different channel, such as a phone number you already know. Pressure and secrecy tend to be red flags – a real supplier can wait a day. When a payment was sent to the wrong account, contact your bank immediately – speed improves the chance of getting it back.

Recipients can be targeted as well: one known trick is a buyer who pays too much followed by a request to send back the difference to another account. Wait until the money is actually in your account.

Sending money abroad from 'bank Sgb' PJSC

When you transfer money abroad through 'bank Sgb' PJSC, the visible fee is rarely all of what you pay. You pay the transfer fee, possibly fees charged by intermediary banks in between and, above all, the margin on the exchange rate when the money is converted.

Banks do not list the margin on the rate as a cost – you only notice it if you compare. A simple test: set the rate you get next to the mid-market rate for the same moment and work out the difference on your amount.

Specialist money transfer services often use rates closer to the mid-market rate with clearer fees. Before your next transfer, take a minute comparing what arrives via GoldexPay instead of going straight to your bank. You can still use your account at 'bank Sgb' PJSC to fund the transfer; only the conversion and sending happen elsewhere.

Before you send: check the 'bank Sgb' PJSC code

Ask the recipient to copy the account details directly from their online banking. Compare it against SGAZRU22 here.

A wrong SWIFT code may lead to a delay, a returned payment or additional charges for investigation. An error in the account number is more serious because it can reach the wrong person; check it just as carefully.

Most online banking apps validate the format of IBANs 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 extra certainty. When you pay someone new, many people send a small amount first and wait for confirmation.

Incoming international payments to 'bank Sgb' PJSC

A sender in another country will ask for a few details about your account – incomplete details often cause delays. That means: your full name exactly as it appears on the account, your IBAN or account number, the BIC SGAZRU22XXX (or SGAZRU22) and sometimes your postal address.

Certain banks want the address of 'bank Sgb' PJSC in Vologda. Double-check the details before you share them.

Do not be surprised if the amount credited is smaller than what the sender paid. Intermediary banks may deduct a fee, and when currencies differ, an exchange rate margin comes on top. Agree with the sender who pays which costs, especially for larger amounts.