Krylovsky Bank SWIFT/BIC code

KRYLRU21 – the SWIFT/BIC code of Krylovsky Bank

The short code KRYLRU21 and the 11-character code KRYLRU21XXX refer to one and the same institution: Krylovsky Bank in Krasnodar, Russia. A SWIFT code tells every bank in the chain which institution should receive the money, much like a postcode for banks. In practice you usually see it on invoices from abroad, in payment forms and in the bank details that Krylovsky Bank provides.

Further down we go through the practical questions: money coming in from abroad, paying someone in another country and how to check the code before you hit send. Remember that the SWIFT code just identifies the bank, not the person: the IBAN or account number does that part.

Which of the 2 codes of Krylovsky Bank do you need?

Having 2 codes in 2 cities, Krylovsky Bank is one of the banks that use separate codes for parts of the organisation. The main code is KRYLRU21XXX.

In most cases you do not need to look up a branch: payments sent to KRYLRU21XXX are routed within Krylovsky Bank without problems. When you receive a specific code, use it as it is instead of swapping it for the head office code.

Unsure which code to use? Check with the recipient. Branch codes are more prone to change than the head office code when a bank merges or closes offices.

Verifying the SWIFT code of Krylovsky Bank

The most reliable source for a SWIFT code is the recipient’s own bank details. If the code you have does not match KRYLRU21 or KRYLRU21XXX, do not guess: check with the recipient or with Krylovsky Bank directly.

A wrong SWIFT code may lead to delays, a returned payment or additional charges. A mistake in the account number is more serious because it can reach the wrong person; check it just as carefully.

An automatic check in your banking app merely tells you that the IBAN exists – not that it belongs to the person you mean to pay. Some banks now check the payee name with the account. When you pay someone new, many people start with a small amount first before sending the rest.

Receiving money from abroad at Krylovsky Bank

For a transfer from abroad at Krylovsky Bank, the sender has to have not just the BIC. In practice that means: your name as registered with Krylovsky Bank, your IBAN or account number, the BIC KRYLRU21XXX and, often, your address.

Some sending banks also ask for the name and address of Krylovsky Bank in Krasnodar; it does no harm to include it. A mistake in your account number can be more trouble than you might think; copy them from your banking app rather than typing.

An incoming payment will not always land for the full amount. Intermediary banks may deduct a fee, Krylovsky Bank may charge for incoming payments, and if the currency changes, an exchange rate margin comes on top. Agree with the sender who pays which costs before the money is sent.

What the XXX in KRYLRU21XXX means

Every SWIFT/BIC code starts with the same eight core characters: four letters for the bank, a two-letter country code and a two-character location code. In this case, the 8-character core is KRYLRU21.

The 11-character version adds three more characters for a branch or department. If the last three are XXX, they simply mean the head office, so KRYLRU21XXX and KRYLRU21 are interchangeable.

Leave out spaces or dashes when you type KRYLRU21 or KRYLRU21XXX. Copying the code is safer than retyping it, because one wrong letter changes the bank.

How up to date is this code?

The directory on GoldexPay is compiled from publicly available sources and we update it periodically. It is possible that information here is out of date after a merger or reorganisation. The number of codes on this page are based on what is in our directory, not official figures from Krylovsky Bank.

For a payment of any size, always confirm the BIC with the recipient’s bank or the recipient. GoldexPay has no connection to Krylovsky Bank; we are a comparison site for money transfers. Should you notice a mistake, we appreciate a message.

Changed bank details? Be careful

One of the most common tricks goes like this: you receive a message saying that a supplier has a new bank account. A real SWIFT code says nothing about whether the request is genuine: scammers use real codes of real banks.

Before paying, confirm a change of bank details through a phone call, using a number you already had. Be suspicious of time pressure, odd spelling or a sender address that is slightly off. Acted too fast? Contact your bank without delay and have them start a recall.

Recipients are targeted too: a classic trick is a buyer who pays too much and then sends a request to refund the difference abroad. Wait until the money has really arrived and check with Krylovsky Bank if anything seems off.

How long does an international transfer to Krylovsky Bank take?

There is no single delivery time for every transfer: many land within a day while others need several business days. Payments made after the cut-off time or just before a weekend or public holiday usually go out the next business day. Sometimes a bank asks what the payment is for, which can hold things up.

If the money seems delayed, contact your bank for the status or the UETR so they can trace it along the chain. Specialist transfer services often provide a status online showing where the payment is.

If a payment has not arrived after a few business days, the person who paid should start with the bank that sent it rather than Krylovsky Bank. Ask the sender for a copy of the payment confirmation including the reference – it helps your own bank look for the money.

What a transfer from Krylovsky Bank abroad really costs

What you pay for an international transfer has several parts – not just the fee on your screen. Besides the transfer fee, correspondent or intermediary banks may deduct a fee, and when currencies are converted the bank usually applies a rate that is less favourable than the actual market rate.

Banks do not list their exchange rate markup as a cost – you only notice it if you compare. Compare the rate you are offered against the mid-market rate, the midpoint between buy and sell rates you see on financial sites.

For a lot of currency pairs, a specialist provider is cheaper than a bank, mainly because of the exchange rate. GoldexPay compares the amount that arrives with different providers. You can still use your account at Krylovsky Bank to fund the transfer, while a cheaper service handles the conversion.