International Bank of St.petersburg PLC SWIFT/BIC code

What LBAPRU2P means for a payment to International Bank of St.petersburg PLC

LBAPRU2P and LBAPRU2PXXX are two ways of writing the same bank identifier, and both point to International Bank of St.petersburg PLC in St. Petersburg. The code does one job: it makes sure that an international payment ends up at the right bank. In practice you mostly come across the code on international invoices, in payment forms and on the account details of International Bank of St.petersburg PLC customers.

Further down we go through the practical side: 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.

Is LBAPRU2P still correct? How to check

The best place to find the right code remains paperwork issued by the bank. When the code you were given differs from LBAPRU2P or LBAPRU2PXXX, stop and ask – contact the recipient or International Bank of St.petersburg PLC.

Errors in the SWIFT code tend to be annoying rather than fatal. An error in the account number can be more serious because it can reach the wrong person, so check that just as carefully.

Most online banking apps check the structure 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 gives an extra layer of safety. For a first payment, many people start with a small test amount.

Why International Bank of St.petersburg PLC has an 8- and an 11-character code

Every SWIFT/BIC code starts with an 8-character core: a four-letter bank code, a two-letter country code and two characters for the location. Together, those parts form LBAPRU2P.

The full version adds three more characters that identify a branch or department. When those three characters are XXX, the code points to the head office.

Type the code as one block, in upper case and without separators, exactly as shown here. A wrong letter can send a payment to a different institution, so copy it carefully.

Changed bank details? Be careful

A common scam goes like this: you receive a request saying that a contact has a new bank account and that the next payment should go there. That LBAPRU2P is a real code does not mean that the account is legitimate.

Do not rely on a phone number from the same email that contains the new account. Urgency and secrecy tend to be red flags; a genuine business can wait for you to check. If a payment was sent to the wrong account, call your bank right away: the sooner they act, the better the chance of a recall.

Recipients can be targeted as well: one known trick is a buyer who pays too much and then sends a request to refund the difference to another account. A payment confirmation from the sender proves nothing – check your own account.

Sending money abroad from International Bank of St.petersburg PLC

If you transfer money to another country from International Bank of St.petersburg PLC, the fee you see is rarely all of what you pay. You pay the transfer fee, sometimes charges from correspondent banks in between and, above all, the exchange rate markup if the currency changes.

The real cost is often in the rate, not in the fee: many banks convert at a rate with a margin built in. Check their rate against the mid-market rate, the midpoint between buy and sell rates you see on financial sites.

For many currency pairs, a specialist provider turns out to be cheaper than a bank. GoldexPay lists these services next to each other, showing the amount the recipient gets before you commit. You can still keep your account at International Bank of St.petersburg PLC as the source of the money, while a cheaper service handles the conversion.

Head office or branch code at International Bank of St.petersburg PLC?

Our directory lists 2 SWIFT/BIC codes for International Bank of St.petersburg PLC. Besides the head office code LBAPRU2PXXX, there are codes for individual branches and departments.

Usually there is no need to pick a branch: transfers sent to LBAPRU2PXXX reach International Bank of St.petersburg PLC correctly. Branch codes are only needed when the account holder specifically mentions it.

If you are not sure, check with the recipient which code their bank gave them. Codes can change when banks reorganise, so a code from an old document is not always valid.

When will the money arrive at International Bank of St.petersburg PLC?

How quickly a payment arrives at International Bank of St.petersburg PLC is determined by a few things: the currency, the number of banks in between, cut-off times and time zones. Transfers sent late in the day or just before a weekend or public holiday often start the next business day. Sometimes a bank asks about the purpose of a payment.

If the money is delayed, contact the sending bank for the status and the transaction reference. Save your transfer receipt until the money has arrived – you will need it for any trace request.

If a payment has not arrived within the expected time, the person who paid should start with the bank that sent it rather than International Bank of St.petersburg PLC. On the receiving end, it helps to look at your account to see a slightly lower amount.

Incoming international payments to International Bank of St.petersburg PLC

When you expect money from abroad, give the sender a complete set of details. The basics are: the account holder’s name, account number or IBAN, LBAPRU2PXXX and often your home address.

Their bank might also ask for the bank address of International Bank of St.petersburg PLC; the head office in St. Petersburg is usually fine. A typo in your account number can be more trouble than you might think.

What lands in your account can be lower than the amount sent. Intermediary banks may deduct a fee and your own bank may charge for processing, and if the currency changes, a markup on the rate applies. On invoices, you can state how the fees are split.

Where our SWIFT data comes from

The details here come from publicly available data which we refresh regularly. Institutions merge, close branches and change codes. The number of codes we show reflect what is in our directory, not official figures from International Bank of St.petersburg PLC.

See the information on this page as a handy check, and let the details from the recipient or International Bank of St.petersburg PLC have the final say. We are a comparison site and not part of International Bank of St.petersburg PLC. If you notice something that is out of date, we appreciate a message via the contact page.