Investment Trade Bank PJSC SWIFT/BIC code

What INVJRUMM means for a payment to Investment Trade Bank PJSC

INVJRUMM and INVJRUMMXXX are two ways of writing the same SWIFT/BIC code, and both lead to Investment Trade Bank PJSC in Moscow. The code has a single purpose: it makes sure that a cross-border transfer reaches the right bank. You will need it mostly when dealing with payments that cross a border and payments in foreign currencies.

Further down you will find the practical side: receiving money at Investment Trade Bank PJSC, sending money abroad and how to verify a SWIFT code before you confirm a payment. Keep in mind that the BIC just identifies the bank, not the account: the account number or IBAN does that part.

Why Investment Trade Bank PJSC has an 8- and an 11-character code

The structure of every SWIFT code is always the same: four characters for the institution, two for the country and a two-character location code, plus an optional branch code. The result is INVJRUMM, the short form of the code.

XXX at the end of INVJRUMMXXX does not stand for a missing value or an error: it indicates the head office of Investment Trade Bank PJSC. Some banking apps insist on 11 characters, in which case you simply enter XXX behind INVJRUMM.

Do not add spaces or dashes when you type INVJRUMM; the code is always written in one block. Pasting the code beats typing it by hand: a typo can point to another bank.

Head office or branch code at Investment Trade Bank PJSC?

Investment Trade Bank PJSC uses 23 separate SWIFT/BIC codes across 23 locations. Only one is the head office code, INVJRUMMXXX; the rest belong to branches.

For most payments to a private or business account, the head office code INVJRUMMXXX is the right choice. Branch codes are only needed when the recipient’s bank explicitly mentions it, which is more common for business accounts and specialised services.

When in doubt, check with the recipient which code their bank gave them. Branch codes are more likely to be retired than the head office code when a bank merges or closes offices.

Is INVJRUMM still correct? How to check

The best place to find the correct BIC remains a document from the bank itself, such as a statement or the account details in online banking. Compare that code against INVJRUMM here.

Errors in the SWIFT code tend to be costly more than fatal. An error in the IBAN or account number is a bigger problem, because the money may be credited to someone else; check it just as carefully.

Many banking apps validate the structure of IBANs and some suggest the matching BIC, but that does not prove the account belongs to the right person. Where available, a payee name check before sending adds extra certainty. For a first payment, some people send a small amount first and wait for confirmation.

A note on our data

Our SWIFT/BIC directory is compiled from public sources and we update it periodically. It can happen that a code on this page is no longer current after a merger or reorganisation. The number of codes on this page reflect what is in our directory.

See the information on this page as a handy check. GoldexPay is a comparison service for money transfers and not affiliated with Investment Trade Bank PJSC. Spotted an error? Tell us through the contact page and we will look into it.

Sending money abroad from Investment Trade Bank PJSC

An international bank payment can cost more than the fee suggests. There is the fee for the transfer itself, sometimes charges from correspondent banks along the way and, above all, the margin on the exchange rate.

The real cost is often in the rate, not in the fee: the bank converts at a rate with a margin built in. Check their rate against the mid-market rate.

For a lot of currency pairs, a transfer service is cheaper than a bank – mostly thanks to the rate. On GoldexPay you can compare what recipients receive with different services, so you can pick the cheapest route. You can still keep your account at Investment Trade Bank PJSC to fund the transfer.

Getting paid from abroad into a Investment Trade Bank PJSC account

To receive a transfer from abroad at Investment Trade Bank PJSC, the sender needs more than the BIC. In practice that means: your name as registered with Investment Trade Bank PJSC, your IBAN or account number, the BIC INVJRUMMXXX and, often, your postal address.

Their bank may request the address of your bank, in which case the Moscow head office is the usual answer. A mistake in your account number can be more trouble than you might think.

What lands in your account is often lower than what was sent. Intermediary banks may deduct a fee, Investment Trade Bank PJSC may charge for incoming payments, and if the currency changes, an exchange rate margin applies. Make clear with the sender who covers the fees.

When will the money arrive at Investment Trade Bank PJSC?

A SWIFT payment usually takes one to a few business days. Payments made late in the day or just before weekends and holidays often go out a business day later. Extra checks on larger or unusual payments may also cause some delay, even when all details are correct.

When a payment takes longer than expected, ask the sending bank about the tracking status and the transaction reference 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 after a few business days, the sender needs to contact their own bank rather than Investment Trade Bank PJSC. Request from the sender a copy of the payment confirmation including the reference.

Changed bank details? Be careful

One of the most common tricks goes like this: you receive a request saying that a contact now has a new bank account and that the next payment should go there. The fact that INVJRUMM exists is no guarantee that a request mentioning it is legitimate – fraudsters use real bank codes as well.

Never rely on contact details from the same email that contains the change. Urgency and secrecy are warning signs. Acted too fast? Contact the bank you paid from straight away and ask them to try to recall the payment and report the fraud.

People receiving money are targeted too: one known trick is an overpayment and then sends a request to send back the difference. Do not act before the money is actually in your account.