JSC Taatta Bank SWIFT/BIC code

TAAARU8Y – the SWIFT/BIC code of JSC Taatta Bank

TAAARU8Y and TAAARU8YXXX are two spellings of the same SWIFT/BIC code, and both lead to JSC Taatta Bank in Yakutsk. A SWIFT code tells the sending bank exactly which bank should receive the money, much like a postcode for banks. In practice you usually see it on invoices from abroad, in your banking app and on the account details of JSC Taatta Bank customers.

On this page you can read how the code means, when it matters and what else a transfer to or from JSC Taatta Bank requires. The SWIFT code on its own cannot identify an individual account holder; that is what the IBAN or account number is for.

What to give a sender who pays you at JSC Taatta Bank

A sender in another country will ask for several details from you, and missing ones are a common cause of delays. That means: your name as registered with JSC Taatta Bank, your IBAN or account number, the SWIFT/BIC code TAAARU8YXXX (or TAAARU8Y) and sometimes your postal address.

Certain sending banks also ask for the name and address of JSC Taatta Bank, so keep it at hand. Check each detail before you send them – a sender rarely spots a mistake in someone else’s details.

Money from abroad does not always land in full. Fees for incoming transfers vary per bank; check the price list of JSC Taatta Bank. Make clear with the sender who covers the fees.

Verifying the SWIFT code of JSC Taatta Bank

Have the recipient send you their bank details straight from their banking app. When the code you were given does not match TAAARU8Y or TAAARU8YXXX, do not guess: check with the recipient or with JSC Taatta Bank directly.

Mistakes in the SWIFT code tend to be costly more than disastrous. A mistake in the account number is more serious, so check that just as carefully.

Many banking apps check the format of an IBAN and sometimes look up the BIC automatically – that confirms the format, not the owner. More and more banks check the payee name against the account. A small test payment is worth it for large sums despite the extra fee.

International transfers from JSC Taatta Bank: the real cost

What you pay for a payment abroad is made up of several parts – not just the fee on your screen. Besides a fixed fee, correspondent or intermediary banks may deduct a fee, and when the money changes currency the bank usually uses a rate below the real market rate.

The real cost is often in the rate, rather than in the fee: the bank converts at a rate with a margin built in. Check 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.

For many currency pairs, a transfer service turns out to be cheaper than a traditional bank transfer – mostly thanks to the rate. GoldexPay lists transfer providers side by side so you can see what actually arrives before you commit. Using a transfer service does not require leaving JSC Taatta Bank: you simply pay the service from your account.

Protect yourself against fake payment requests

Be alert if someone unexpectedly wants you to send money to a different account abroad. That TAAARU8Y is a real code does not mean that a request mentioning it is legitimate.

Verify new payment details through a separate channel like a call to a number from an earlier contract, never via the email that asked for the change. Pressure or secrecy are warning signs – a real supplier can wait a day. When money has already gone to the wrong account, contact your bank immediately – speed improves the chance of getting it back.

People receiving money are targeted too: a classic 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.

8 or 11 characters: TAAARU8Y versus TAAARU8YXXX

The layout of every SWIFT code is always the same: a bank code of four letters, two for the country and a two-character location code, plus an optional branch code. Together, those parts make up TAAARU8Y, the code most people search for.

The 11-character version adds a three-character extension that identify a branch or department. When those three characters are XXX, they simply mean the head office, so TAAARU8YXXX and TAAARU8Y are interchangeable.

In practice the code is written in capitals and without spaces. Copying the code is safer than retyping it.

About this information

We collect SWIFT/BIC codes from public sources and check them from time to time. Institutions merge, close branches and retire codes, and a directory never catches every change immediately. The figures on this page are based on what is in our directory, not official figures from JSC Taatta Bank.

For any payment that matters, check the BIC with the recipient’s bank or the recipient. GoldexPay is a comparison service for money transfers and not part of JSC Taatta Bank. Should you notice a mistake, we appreciate a message.

Head office or branch code at JSC Taatta Bank?

JSC Taatta Bank has 4 separate SWIFT/BIC codes. Only one is the head office code, TAAARU8YXXX; the rest belong to branches.

For most payments to a private or business account, the head office code TAAARU8YXXX works fine. If you have been given a branch code, use it as it is instead of replacing it for the head office code.

Not sure which code to use? Ask the recipient or the bank itself. Codes for branches are more prone to change than the head office code when a bank merges or closes offices.

How long does an international transfer to JSC Taatta Bank take?

An international transfer typically needs one to a few business days – it depends on currency, route and the banks in between. Payments made after the cut-off time or on a weekend or public holiday usually start a business day later. Compliance checks on larger or unusual payments can also cause some delay, even when all details are correct.

A growing number of banks use SWIFT gpi. Every payment carries a unique reference, the UETR. Save your transfer receipt – you will need it for any trace request.

A delayed transfer has to be investigated from the sending side. Ask the sender for a copy of the payment confirmation; that often settles the question quickly.