Globexbank SWIFT/BIC code

What GLOBRUMM means for a payment to Globexbank

The short code GLOBRUMM and the 11-character code GLOBRUMMXXX refer to the same bank: Globexbank in Moscow, Russia. Banks worldwide use BIC codes to direct payments between countries to the right bank. In practice you usually see it on international invoices, in payment forms and in the bank details of Globexbank customers.

Further down we go through the practical questions: money coming in from abroad, sending money abroad and how to verify the code before you confirm a payment. Remember that the BIC only identifies the bank, not the person: the account number or IBAN takes care of that.

Scams that use SWIFT codes

Fraudsters often use payment requests with new bank details sent from what looks like a familiar address. That GLOBRUMM is a real code does not mean that a request mentioning it is legitimate; criminals use the codes of real banks too.

Always verify a change of bank details through a phone call. Urgency and requests to keep it quiet tend to be warning signs – a real supplier can wait a day. If a payment has already gone to the wrong account, call your bank right away – speed improves the chance of getting it back.

Fraud also target the receiver. Someone claims to have sent more than agreed and wants you to return the difference to a new account. A payment confirmation from the sender is no proof.

Receiving money from abroad at Globexbank

If you expect a payment from another country, send the payer a complete set of details. What they need is: the account holder’s name, account number or IBAN, GLOBRUMMXXX or GLOBRUMM and in many cases your postal address.

The sender’s bank might also ask for the bank address of Globexbank. A mistake in your account number is more trouble than it looks; copy them from your banking app rather than typing.

Money from abroad will not always arrive in full. Correspondent banks can take a fee, and when currencies differ, an exchange rate margin applies. Make clear with the sender who covers the fees before the money is sent.

Which of the 5 codes of Globexbank do you need?

With 5 codes, Globexbank belongs to the banks that register individual codes for branches and departments. The main code is GLOBRUMMXXX.

For most incoming transfers, the head office code GLOBRUMMXXX works fine. Branch codes are only needed when the account holder explicitly mentions it, which is more common for corporate accounts and specialised services.

The safest approach is to copy the code straight from the account holder’s bank details. Branch codes are more likely to change than GLOBRUMMXXX.

Is GLOBRUMM still correct? How to check

Ask the recipient to send you their account details directly from their banking app. When the code you were given does not match GLOBRUMM or GLOBRUMMXXX, do not guess – contact the recipient or Globexbank.

A wrong SWIFT code can cause a delay, a returned payment or additional charges along the way. Remember the account number: an error there is more difficult to correct than a wrong code.

A format check in your banking app merely confirms that the code exists. Where available, a name check before sending adds an extra layer of safety. For a first payment, many people send a small amount first and wait for confirmation.

International transfers from Globexbank: the real cost

An international bank payment can cost more than the listed fee. On top of the transfer fee, correspondent or intermediary banks can deduct a fee, and when currencies are converted the bank often uses a rate below the actual market rate.

That exchange rate margin is often the biggest item because it is hidden in the rate. Check their rate with the mid-market rate – the rate you find on financial news sites.

For a lot of routes, a transfer service turns out to be cheaper than a bank, mainly because of the exchange rate. On GoldexPay we compare what recipients receive across services, so you can pick the cheapest route. Choosing a specialist does not require closing your account at Globexbank: you simply pay the service from your account.

What the XXX in GLOBRUMMXXX means

Each SWIFT/BIC code starts with an 8-character core: four letters for the bank, two letters for the country and a two-character location code. For Globexbank, the 8-character core is GLOBRUMM.

Many banks and apps accept both lengths. If yours requires eleven characters, enter GLOBRUMMXXX.

In practice the code is written in capitals and without spaces. Pasting the code is safer than retyping it, because one wrong letter changes the bank.

About this information

The details on this page come from publicly available data that we update regularly. It is possible that a code here is no longer current, for example after a merger. Counts and locations come from our directory and are not confirmed by Globexbank.

Before a payment that matters, always confirm the BIC with Globexbank or with the recipient. GoldexPay is not affiliated with Globexbank, we only compare transfer services. If you notice a mistake, we appreciate a short note via the contact page.

When will the money arrive at Globexbank?

A SWIFT payment typically takes anywhere from one to several business days, depending on the currency, the route and the banks involved. Bank holidays in the sending or receiving country can add extra days, since banks do not process on those days. Occasionally a bank wants to know about the purpose of a payment.

When a payment takes longer than expected, ask the sending bank about the tracking status so they can trace it along the chain. Save your transfer receipt until the money has arrived – you will need it for any trace request.

If the money does not arrive within the expected time, the person who paid needs to start with their own bank, not the receiving bank. As a recipient, you can check your statements for a slightly lower amount because fees can reduce the amount.