Gazbank Zao Akb SWIFT/BIC code

CGAZRU3S – the SWIFT/BIC code of Gazbank Zao Akb

Whether you are given CGAZRU3S or CGAZRU3SXXX, it is the same address for Gazbank Zao Akb in Russia. A SWIFT code shows the banks handling a payment which institution is meant to get the money, much like a postcode for banks. In daily life you mostly see it on invoices from abroad, in your banking app and in the bank details of Gazbank Zao Akb customers.

Below we go through the practical questions: money coming in from abroad, paying someone in another country and how to verify a SWIFT code before you confirm a payment. The SWIFT code alone cannot identify an individual account holder; that is what the account number or IBAN is for.

Which of the 6 codes of Gazbank Zao Akb do you need?

Gazbank Zao Akb has 6 different SWIFT/BIC codes. One of them is the head office code; the rest identify branches or departments.

For most incoming transfers, the head office code CGAZRU3SXXX works fine. Only use a branch code when the recipient explicitly asks for it, for example on an invoice or in their bank details.

When in doubt, check with the recipient which code their bank gave them. Branch codes are more prone to be retired than the head office code.

Changed bank details? Be careful

Criminals often use payment requests with changed bank details, sometimes in an email that looks completely genuine. The fact that CGAZRU3S exists is no guarantee that the account is legitimate; criminals use the codes of real banks too.

Always confirm a change of bank details by phone. Watch out for time pressure, unusual wording or a sender address that is slightly off. When money has already gone to a fraudster, contact your bank immediately.

People receiving money are targeted too: a classic trick is a buyer who pays too much followed by a request to refund the difference abroad. A screenshot of a transfer proves nothing – check your own account.

Is CGAZRU3S still correct? How to check

The safest source for the BIC is the recipient’s own bank details – an invoice, a statement or a screenshot from online banking. Check it with CGAZRU3S on this page.

An incorrect BIC may lead to a delay, a returned payment or additional charges along the way. A mistake in the IBAN or account number is a bigger problem, because the money may be credited to someone else, so check that just as carefully.

Most online banking apps check the format of IBANs and some suggest the matching BIC – that confirms the format, not the owner. If your bank offers it, a name check on the recipient adds an extra layer of safety. A small test payment can be worth it for a large first payment despite the extra fee.

How up to date is this code?

The codes here come from publicly available data that we update regularly. Institutions merge, close branches and retire codes. The number of codes we show reflect our own data, not official figures from Gazbank Zao Akb.

Before any payment that matters, always confirm the code with the recipient’s bank or the recipient. We are an independent comparison site and not affiliated with Gazbank Zao Akb. Found outdated information? Tell us via our contact form so we can correct it.

Getting paid from abroad into a Gazbank Zao Akb account

When you expect money from abroad, give the sender a complete set of details. Share the account holder’s name, your account number or IBAN, the BIC CGAZRU3SXXX and your address, which some banks require.

Certain banks want the bank’s address in Samara, so keep it at hand. Check each detail before you share them.

What lands in your account is often less than the amount sent. Intermediary banks may deduct a fee, Gazbank Zao Akb may charge for incoming payments, and if the money is converted, an exchange rate margin comes on top. On invoices, it is common to state how the fees are split, so that nobody is left short.

Tracking a transfer to or from Gazbank Zao Akb

How fast a payment reaches Gazbank Zao Akb is determined by several factors: the currency, the number of banks in between, daily processing deadlines and differences in time zone. Payments made late in the day or on weekends and holidays usually start the next business day. Sometimes a bank wants to know what the payment is for, which can hold things up.

If a transfer is late, contact the sending bank for the status and the transaction reference so they can trace it along the chain. Keep the payment confirmation until the money has arrived – you will need it for any trace request.

Only the sending bank is able to request a trace; the receiving side usually has nothing to trace yet. Request from the sender the payment receipt – it helps your own bank look for the money.

Paying someone abroad from your Gazbank Zao Akb account

What you pay for an international transfer is made up of more than one component, and the transfer fee is only the most visible one. You pay the fee for the transfer itself, sometimes charges from correspondent banks in between and, above all, the margin on the exchange rate.

Many banks do not list their exchange rate markup separately. Check the rate you are offered with the mid-market rate – the rate you find on financial news sites.

For a lot of routes, a transfer service is cheaper than a bank, mainly because of the exchange rate. GoldexPay compares what recipients receive with different services, which makes the cheapest option easy to spot. You can still use your account at Gazbank Zao Akb to fund the transfer, while a cheaper service handles the conversion.

What the XXX in CGAZRU3SXXX means

A BIC is built from fixed blocks: the first four letters identify the bank, characters five and six give the country and the two after that indicate the location. The result is CGAZRU3S for Gazbank Zao Akb.

XXX at the end of CGAZRU3SXXX does not stand for a missing value or an error: it indicates the head office of Gazbank Zao Akb. Some banking apps ask for 11 characters, in which case you simply add XXX behind CGAZRU3S.

Leave out spaces or dashes when you enter CGAZRU3S; the code is always written in one block. Look out for the letter O and the digit 0 and I versus 1.