Greencombank SWIFT/BIC code

SWIFT/BIC code of Greencombank

The short code GRECRU61 and the full code GRECRU61XXX identify the same bank: Greencombank in Usolye-Sibirskoye, Russia. A SWIFT code shows the sending bank exactly which bank should receive the money, much like a postcode for banks. It comes up mostly for transfers between countries.

On this page you will find how the code means, when it matters and what else you need for a transfer to or from Greencombank. The SWIFT code on its own cannot identify a personal account; for that you need the IBAN or account number is for.

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

A SWIFT code is made up of a few fixed parts: characters one to four identify the bank, the next two show the country and characters seven and eight indicate the location. In this case, that core is GRECRU61.

XXX at the end of GRECRU61XXX does not stand for a placeholder or a mistake: it stands for the head office of Greencombank. Certain payment forms insist on 11 characters, and then you can add XXX after GRECRU61.

In practice the code is typed in capitals. A wrong letter may route a payment to a different institution.

Incoming international payments to Greencombank

Someone abroad who wants to pay you will ask for a few details about your account, and missing ones are a common cause of delays. What they need is: the account holder’s name, account number or IBAN, GRECRU61XXX and, for some countries, your home address.

Some sending banks also ask for the bank’s address in Usolye-Sibirskoye. A typo in the IBAN can be more trouble than you might think, so copy the details from your online banking.

Money from abroad does not always land in full. Fees for incoming transfers vary per bank – the price list of Greencombank tells you what applies. Agree with the sender who pays which costs before the money is sent.

Scams that use SWIFT codes

Be wary when someone unexpectedly wants you to send money to a different account abroad. A real SWIFT code says nothing about who owns the account.

Before paying, confirm a change of bank details by phone. Watch out for urgent requests, unusual wording or an email address that differs by one letter. If a payment was sent to a fraudster, call your bank right away – speed improves the chance of getting it back.

Fraud can also target the receiver: someone claims to have sent too much and asks you to return the extra. Do not act before the money is actually in your account.

Tracking a transfer to or from Greencombank

There is no single delivery time: some land the same day or the next. Weekends and public holidays in either country can add a day or more to the journey. Compliance checks by one of the banks may also add some delay.

A growing number of banks use SWIFT gpi. Every gpi transfer carries a unique transaction reference, the UETR that banks can use to trace it. Save the payment confirmation until the money has arrived; it contains the details a bank needs to start a trace.

The bank that sent the money can start an official trace – the recipient’s bank often cannot see a payment that has not arrived. Ask the sender for a copy of the payment confirmation with the date and reference – it helps your own bank look for the money.

International transfers from Greencombank: the real cost

What you pay for a payment abroad has several parts, and the transfer fee is only the most visible one. You pay the transfer fee, possibly charges from correspondent banks in between and, above all, the exchange rate markup when the money is converted.

That exchange rate margin tends to be the biggest item even though it is not listed as a fee. An easy check: set the rate you get against the mid-market rate and look at the difference.

For a lot of currency pairs, a transfer service is less expensive than a bank. GoldexPay compares transfer providers side by side, showing the amount the recipient gets for the same amount sent. You can always use your account at Greencombank.

Is GRECRU61 still correct? How to check

The safest source for the BIC is the recipient’s own bank details: an invoice, a bank statement or their online banking. If the code you have does not match GRECRU61 or GRECRU61XXX, stop and ask – contact the recipient or Greencombank.

A wrong SWIFT code can cause a delay, a returned payment or additional charges for investigation. A mistake in the IBAN or account number is a bigger problem because it can reach the wrong person, so check that just as carefully.

An automatic check by your bank merely tells you that the code is valid. Some banks now compare the payee name with the account – do not ignore a mismatch warning. When you pay someone new, some people send a small amount first.

About this information

The directory on GoldexPay is compiled from public sources. Banks reorganise, close branches and retire codes. The number of codes we show are based on what is in our directory and not on information from Greencombank itself.

See the information here as a handy check, and let the details from the recipient or Greencombank have the final say. GoldexPay is a comparison site for money transfers and not part of Greencombank. Should you notice a mistake, we appreciate a message.

Which of the 3 codes of Greencombank do you need?

Greencombank uses 3 separate SWIFT/BIC codes across 3 cities. Only one is the head office code; the others identify branches or departments, and sometimes internal departments.

In most cases there is no need to pick a branch: transfers sent to GRECRU61XXX reach Greencombank correctly. If you have been given a specific code, stick to it rather than replacing it for the head office code.

When in doubt, check with the recipient for the exact BIC in their bank details. Codes can change over time.