Lipetskoblbank SWIFT/BIC code

LIPKRU21 – the SWIFT/BIC code of Lipetskoblbank

LIPKRU21 and LIPKRU21XXX are two ways of writing the same bank identifier, and both point to Lipetskoblbank in Lipetsk. A SWIFT code shows the banks handling a payment exactly which bank is meant to get the money, much like a postcode for banks. In daily life you usually see the code on international invoices, in payment forms and on the account details that Lipetskoblbank provides.

On this page you can read how the code means, when it matters and which other details a transfer to or from Lipetskoblbank requires. The SWIFT code on its own cannot identify a personal account; that is what the IBAN or account number .

Watch out for payment fraud

Scammers regularly use payment requests containing changed bank details sent from what looks like a familiar address. A real SWIFT code tells you nothing about whether the request is genuine.

Always verify changed bank details through a phone call. Pressure or secrecy tend to be red flags; a genuine business can wait for you to check. When money was sent to the wrong account, contact your bank immediately: the sooner they act, the better the chance of a recall.

Fraud can also target the receiver. Someone claims to have sent more than agreed and wants you to refund the difference via a different route. A screenshot of a transfer proves nothing; only your own account shows what has arrived.

When will the money arrive at Lipetskoblbank?

There is no fixed delivery time for international payments: many arrive the same day or the next while others need several business days. Transfers sent after the cut-off time or on a weekend or public holiday often go out a business day later. Compliance checks on larger or unusual payments can also cause some delay, even when all details are correct.

If the money is delayed, ask the sending bank for the status or the UETR so they can trace it along the chain. Save the payment confirmation until the money has arrived.

If a payment has not arrived after a few business days, the sender should contact their own bank. Ask the sender for a copy of the payment confirmation including the reference.

Lipetskoblbank: head office code versus branch codes

Our directory lists 2 SWIFT/BIC codes for Lipetskoblbank, spread over 2 cities. Next to the head office code LIPKRU21XXX, there are codes for branches, departments or specific services.

Usually you do not need to pick a branch: transfers sent to LIPKRU21XXX are routed within Lipetskoblbank without problems. When you receive a branch code, stick to it rather than replacing it with the head office code.

When in doubt, ask the person you are paying for the exact BIC in their bank details. Branch codes are more prone to change than LIPKRU21XXX when a bank merges or closes offices.

Paying someone abroad from your Lipetskoblbank account

If you send money to another country through Lipetskoblbank, the visible fee is only part of what you pay. You pay the fee for the transfer itself, possibly fees charged by intermediary banks along the way and, above all, the margin on the exchange rate if the currency changes.

Banks rarely show the margin on the rate as a cost. Check the rate you are offered against the mid-market rate – the rate you find on financial news sites.

For many currency pairs, a specialist provider is less expensive than a traditional bank transfer, mainly because of the exchange rate. GoldexPay compares transfer providers next to each other, showing the amount the recipient gets for the same amount sent. Choosing a specialist does not mean leaving Lipetskoblbank: you simply pay the service from your account.

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

The layout of every SWIFT code is always the same: four characters for the institution, two for the country and two for the location, sometimes followed by a branch code. Together, these eight characters make up LIPKRU21, the code most people search for.

XXX at the end of LIPKRU21XXX does not stand for a missing value or an error: it stands for the main office of Lipetskoblbank. Some forms ask for 11 characters, in which case you can enter XXX behind LIPKRU21.

Leave out spaces or dashes when you enter LIPKRU21; the code is always written in one block. Look out for O versus 0 and the letter I and the digit 1; they are easy to mix up.

Verifying the SWIFT code of Lipetskoblbank

Ask the recipient to send you the account details directly from their banking app. Check that code with LIPKRU21 on this page; if they differ, ask before you pay.

Mistakes in the SWIFT code are annoying more than disastrous. Remember the IBAN: a mistake there is harder to undo than a wrong code.

An automatic check in your banking app only confirms that the code exists. Some banks now check the payee name with the account before you confirm; take any warning seriously. A small test payment is a sensible step for large sums.

About this information

The codes here are taken from public sources that we update regularly. Banks reorganise, close branches and retire codes, and a directory never catches every change immediately. The number of codes on this page are based on our own data.

Before any payment of any size, check the code with the recipient’s bank or with the recipient. We are a comparison site for money transfers and not part of Lipetskoblbank. Found outdated information? Let us know through the contact page.

Getting paid from abroad into a Lipetskoblbank account

If you expect money from abroad, send the payer everything they need in one go. The basics are: your name, account number or IBAN, LIPKRU21XXX and often your postal address.

It helps to include Lipetskoblbank and Lipetsk too, because some payment forms have separate fields for them. Double-check the details before you send them – a sender rarely spots a mistake in someone else’s details.

Do not be surprised if the amount credited is below the amount on the sender’s receipt. Charges on incoming payments vary per bank; check the price list of Lipetskoblbank. For business payments, you can state how the fees are split.