Gazenergobank SWIFT/BIC code

Gazenergobank SWIFT code: GAZARU21

The 8-character code GAZARU21 and the full code GAZARU21XXX refer to the same bank: Gazenergobank. Every bank on the SWIFT network uses these codes to direct payments between countries to the correct institution. It comes up mainly for transfers between countries.

Further down you will find the practical questions: receiving money at Gazenergobank, sending money abroad and how to verify the code before you confirm a payment. A SWIFT code names a bank or branch, never a specific account, which is why you always need the account number too.

Transfer times and tracking a payment to Gazenergobank

There is no single answer for every transfer: some land the same day or the next. Transfers sent late in the day or just before weekends and holidays often start 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 your bank for the tracking status or the UETR; with that reference banks can see where the payment is. Money transfer services usually show a status in their app so you can see where the payment has got.

The bank that sent the money is able to request a trace or a recall – the recipient’s bank often cannot see a payment that has not arrived. As a recipient, it helps to look at your account to see a slightly lower amount because fees can reduce the amount.

Why Gazenergobank has an 8- and an 11-character code

A SWIFT code is built from fixed blocks: characters one to four stand for the bank, the next two give the country and characters seven and eight indicate the location. For Gazenergobank, that core is GAZARU21.

XXX at the end of GAZARU21XXX is not a placeholder or a mistake: it stands for the head office of Gazenergobank. Some banking apps ask for 11 characters, and then you simply enter XXX behind GAZARU21.

As a rule the code is typed in capitals, without spaces or dashes. Watch for O versus 0 or the letter I and the digit 1; they are easy to mix up.

Receiving money from abroad at Gazenergobank

A sender in another country will ask for several details about your account, and missing ones are a common cause of delays. What they need is: the account holder’s name, IBAN or account number, GAZARU21XXX and, for some countries, your home address.

Some sending banks also ask for the name and address of Gazenergobank in Kaluga. Check every detail before you send them – a sender rarely spots a mistake in someone else’s details.

The amount you receive can be less than what was sent. Charges on incoming payments differ per bank. Agree with the sender who covers the fees.

Sending money abroad from Gazenergobank

An international bank payment costs rather more than the listed fee. You pay the transfer fee, possibly fees charged by intermediary banks in between and, most importantly, the exchange rate markup if the currency changes.

Most of the cost usually sits in the exchange rate, rather than in the fee: many banks convert using an exchange rate with a margin built in. Compare the rate you are offered with the mid-market rate – the rate you find on financial news sites. The difference is your real conversion cost.

Specialised transfer providers often offer a rate near the mid-market rate and lower fees. Next time you send money, take a minute comparing the total cost on GoldexPay instead of going straight to your bank. Using a transfer service does not require closing your account at Gazenergobank: you simply pay the service from your account.

Protect yourself against fake payment requests

Stay wary if a contact suddenly wants you to send money to a different account or a bank in another country. A correct SWIFT code tells you nothing about whether the request is genuine – scammers simply use real codes.

Always confirm a change of bank details by phone on a number you know, not one from the message. Be suspicious of time pressure, odd spelling or an email address that differs by one letter. When money has already gone to a fraudster, call your bank right away: the sooner they act, the better the chance of a recall.

Fraud can also work the other way: someone sends more than agreed and asks you to refund the extra. A screenshot of a transfer proves nothing.

Verifying the SWIFT code of Gazenergobank

The most reliable place for the correct BIC is a document from the bank itself. Check it against GAZARU21 on this page and ask if anything does not match.

Errors in the SWIFT code are annoying more than disastrous – usually the money comes back, minus fees and time lost. A mistake in the IBAN or account number can be a bigger problem because it can reach the wrong person; check it just as carefully.

An automatic check in your banking app merely tells you that the code is valid, not that it is the right account. Where available, a name check on the recipient adds extra certainty. Sending a small amount first can be a sensible step for large sums, even if it costs an extra fee.

A note on our data

We collect bank codes from publicly available data and update them from time to time. Banks reorganise, change names and retire codes. Counts and locations are from our own dataset.

Treat our directory on this page as a handy check and rely on the recipient or Gazenergobank for the final confirmation. GoldexPay is a comparison site and not part of Gazenergobank. Should you notice a mistake, we welcome a message via the contact page.

Choosing between the 2 SWIFT codes of Gazenergobank

Having 2 codes in 2 cities, Gazenergobank is one of the banks that register individual codes for parts of the organisation. The main code remains GAZARU21XXX.

For the vast majority of payments to a private or business account, the head office code GAZARU21XXX is what you need. Only use a branch code when the account holder explicitly asks for it, for example on a letter or invoice.

Not sure which code applies? Check with the recipient. Branch codes are more prone to change than the head office code when a bank merges or closes offices.