Fundservicebank SWIFT/BIC code

FONBRUMM – the SWIFT/BIC code of Fundservicebank

The short code FONBRUMM and the 11-character code FONBRUMMXXX refer to the same bank: Fundservicebank in Moscow, Russia. A BIC does one job: it ensures that an international payment ends up at the right bank. In daily life you mostly see the code on invoices from abroad, in your banking app and on the account details of Fundservicebank customers.

Below we go through the practical side: money coming in from abroad, paying someone in another country and how to verify a SWIFT code before you confirm a payment. A SWIFT code identifies a bank or branch, never a single account, which is why you always need the account number too.

Watch out for payment fraud

A common scam goes like this: you receive a request saying that a supplier now has new bank details and asking you to pay there from now on. A valid SWIFT code tells you nothing about whether the request is genuine: scammers use real codes of real banks.

Never trust contact details from the same email that contains the change. Urgency and requests to keep it quiet are red flags. Already paid? Call the bank you paid from without delay and have them try to recall the payment; also report it to the police.

Recipients are targeted too: one known trick is a buyer who pays too much followed by a request to refund the difference abroad. Do not act before the money has really arrived and check with Fundservicebank if anything seems off.

Tracking a transfer to or from Fundservicebank

There is no single delivery time for every transfer: many arrive within a day while others need several business days. Transfers sent late in the day or on a weekend or public holiday usually start a business day later. Sometimes a bank wants to know about the purpose of a payment, which can hold things up.

When a payment takes longer than expected, contact your bank about the tracking status and the transaction reference so they can trace it along the chain. Money transfer services often provide tracking online showing how far the payment is.

If the money does not arrive within the expected time, the sender should contact the bank that sent it. As a recipient, you can look at your statements for a partial amount because fees can reduce the amount.

How to check FONBRUMM before you pay

The most reliable source for the BIC is the bank details provided by the recipient – an invoice, a statement or a screenshot from online banking. Check that code with FONBRUMM on this page and ask if anything does not match.

If the code is wrong, the payment might get stuck, bounce back or cost extra, and tracing it can take weeks. An error in the account number is a bigger problem, so check that just as carefully.

Many banking apps check the structure of an IBAN and sometimes look up the BIC automatically. Where available, a payee name check on the recipient gives extra certainty. Sending a small amount first is a sensible step for a large first payment.

8 or 11 characters: FONBRUMM versus FONBRUMMXXX

The structure of every SWIFT code never changes: four characters for the institution, a two-letter country code and a two-character location code, sometimes followed by a branch code. For Fundservicebank, the 8-character core is FONBRUMM.

Most banks and apps work with either length. If yours asks for eleven characters, enter FONBRUMMXXX; if it wants eight, use FONBRUMM.

Enter the code in one piece, in upper case and without spaces. A wrong character may route the money to another bank.

Head office or branch code at Fundservicebank?

Fundservicebank uses 5 different SWIFT/BIC codes. Only one is the head office code; the others identify branches.

Usually you do not need to pick a branch: transfers addressed to FONBRUMMXXX are routed within Fundservicebank correctly. Just use a branch code when your contact gives you that exact code.

When in doubt, ask the person you are paying which code their bank gave them. Branch codes are more likely to be retired than the head office code when a bank merges or closes offices.

What a transfer from Fundservicebank abroad really costs

The price of an international transfer is made up of several parts. You pay the fee for the transfer itself, sometimes fees charged by intermediary banks along the way and, most importantly, the margin on the exchange rate if the currency changes.

The markup on the rate tends to be the biggest cost, and it is easy to miss. A simple test: put the bank’s rate against the mid-market rate for the same moment and work out the difference on your amount.

For many currency pairs, a specialist provider turns out to be cheaper than a traditional bank transfer – mostly thanks to the rate. GoldexPay compares the amount that arrives with different services. You can still use your account at Fundservicebank to fund the transfer; only the conversion and sending happen elsewhere.

How up to date is this code?

The directory on GoldexPay draws on public sources. It can happen that a code on this page is out of date, for example after a merger. Figures such as the number of codes are from our directory and may differ from what Fundservicebank publishes.

For any payment of any size, confirm the BIC with the recipient’s bank or with the recipient. GoldexPay is an independent comparison site and not affiliated with Fundservicebank. If you notice a mistake, we welcome a message.

Receiving money from abroad at Fundservicebank

For a transfer from abroad into your account at Fundservicebank, the sender has to have more than the SWIFT code. The basics are: your name, IBAN or account number, FONBRUMMXXX and, for some countries, your home address.

You can include Fundservicebank and Moscow as well, because some payment forms have separate fields for them. A mistake in the IBAN can be harder to fix than you might think, so copy the details from your online banking.

Do not be surprised if the incoming amount is smaller than what the sender paid. Correspondent banks can take a fee, and when currencies differ, an exchange rate margin applies. On invoices, it is common to agree who bears the costs.