Commercial Bank 'lanta-Bank' SWIFT/BIC code

What COLKRUMM means for a payment to Commercial Bank 'lanta-Bank'

COLKRUMM and COLKRUMMXXX are two spellings of the same SWIFT/BIC code, and both point to Commercial Bank 'lanta-Bank' in Moscow. A SWIFT code shows the sending bank exactly which bank should receive the money, a bit like a postal address for banks. In daily life you mostly see the code on international invoices, in payment forms and on the account details of Commercial Bank 'lanta-Bank' customers.

On this page you can read what the code means, when you need it and which other details you need for a transfer to or from Commercial Bank 'lanta-Bank'. The SWIFT code alone does not identify an individual account holder; for that you need the IBAN or account number is for.

How up to date is this code?

The codes on this page come from publicly available data. Even so, banks merge or change codes, so information can be out of date. The figures we show reflect our own data, not official figures from Commercial Bank 'lanta-Bank'.

Before any payment of any size, confirm the code with the recipient’s bank or the recipient. GoldexPay is a comparison service for money transfers and not part of Commercial Bank 'lanta-Bank'. Should you notice something that is out of date, we welcome a message.

Changed bank details? Be careful

One of the most common tricks goes like this: an email arrives with a message claiming that a company has new bank details and that the next payment should go there. A correct SWIFT code says nothing about who owns the account – scammers simply use real codes.

Check new bank details via a separate channel, not by replying to the message. Be suspicious of time pressure, unusual wording or a sender address that is slightly off. If a payment has already gone to a fraudster, contact your bank immediately.

Recipients can be targeted as well: one known trick is an overpayment followed by a request to send back the difference. Wait until the money is actually in your account – ask Commercial Bank 'lanta-Bank' if something looks wrong.

How to check COLKRUMM before you pay

The safest source for the BIC is the recipient’s own bank details. Compare that code with COLKRUMM here and ask if anything does not match.

An incorrect BIC may lead to delays, a returned payment or additional charges for investigation. An error in the account number can be more serious; check it just as carefully.

An automatic check in your banking app merely tells you that the code is valid. Where available, a payee name check before sending adds extra certainty. A small test payment is worth it for large sums despite the extra fee.

COLKRUMM or COLKRUMMXXX – which one to use?

A SWIFT code is made up of fixed blocks: the first four letters stand for the bank, characters five and six show the country and the two after that indicate the location. For Commercial Bank 'lanta-Bank', that core is COLKRUMM.

Most banks and apps accept either length. If a form asks for eleven characters, use COLKRUMMXXX; if it wants eight, use COLKRUMM.

Type the code in one piece, in upper case and without spaces, exactly as shown here. A single letter may route the money to a different institution, so copy it carefully.

What a transfer from Commercial Bank 'lanta-Bank' abroad really costs

A bank transfer abroad can cost rather more than the fee suggests. There is the fee for the transfer itself, possibly fees charged by intermediary banks along the way and, most importantly, the exchange rate markup.

The markup on the rate is often the largest item because it is hidden in the rate. Compare the rate you are offered against the mid-market rate – the rate you find on financial news sites. The difference is your real conversion cost.

For a lot of currency pairs, a specialist provider is less expensive than a traditional bank transfer – mostly thanks to the rate. GoldexPay lists transfer providers side by side, showing what actually arrives. Choosing a specialist does not mean leaving Commercial Bank 'lanta-Bank': you simply pay the service from your account.

Receiving money from abroad at Commercial Bank 'lanta-Bank'

When you expect a payment from another country, give the sender a complete set of details. Share your name as the bank knows it, the IBAN or account number, SWIFT code COLKRUMMXXX and your address.

Certain sending banks want the name and address of Commercial Bank 'lanta-Bank' in Moscow, so keep it at hand. Check every detail before you send them, because the sender’s bank usually copies them as is.

Expect that the incoming amount is smaller than what the sender paid. Charges on incoming payments vary from bank to bank. Make clear with the sender who pays which costs before the money is sent.

Head office or branch code at Commercial Bank 'lanta-Bank'?

Our database contains 8 SWIFT/BIC codes for Commercial Bank 'lanta-Bank' in 8 cities. Besides the head office code COLKRUMMXXX, you will find codes for individual branches and departments.

If nobody asks you for a branch code, go with COLKRUMMXXX. Only use a branch code when your contact explicitly asks for it, for example on an invoice or in their bank details.

Not sure which code to use? Ask the recipient, or look at a recent statement from Commercial Bank 'lanta-Bank'. Branch codes are more prone to be retired than the head office code when a bank merges or closes offices.

How long does an international transfer to Commercial Bank 'lanta-Bank' take?

There is no fixed answer for every transfer: many land within a day while others need several business days. Payments made after the cut-off time or just before a weekend or public holiday usually go out the next business day. Sometimes a bank asks about the purpose of a payment before releasing it.

When a payment takes longer than expected, ask the sending bank about the tracking status so they can trace it along the chain. Specialist transfer services usually provide tracking online so you can see where the money is.

The bank that sent the money is able to start an official trace. Ask the sender for a copy of the payment confirmation.