Mts Bank SWIFT/BIC code

MBRDRUMM – the SWIFT/BIC code of Mts Bank

The 8-character code MBRDRUMM and the full code MBRDRUMMXXX identify one and the same institution: Mts Bank, with its head office in Moscow. Banks worldwide use BIC codes to direct payments between countries to the correct bank. In practice you usually come across it on international invoices, in payment forms and on the account details that Mts Bank provides.

Below you will find the practical side: receiving money at Mts Bank, sending money abroad and how to verify a SWIFT code before you hit send. The BIC identifies an institution, never a single account.

When will the money arrive at Mts Bank?

There is no single delivery time for international payments: many land within a day, others take several business days. Weekends and public holidays in the sending or receiving country can add extra days. Sometimes a bank wants to know about the purpose of a payment.

When a payment takes longer than expected, contact the sending bank about the tracking status and the transaction reference; with that reference banks can see where the payment is. Keep the payment confirmation until the money has arrived – you will need it for any trace request.

The bank that sent the money can request a trace; the receiving side usually has nothing to trace yet. As a recipient, you can check your statements for a slightly lower amount because fees can reduce the amount.

Watch out for payment fraud

Be alert when someone unexpectedly asks you to pay into a different account. A correct SWIFT code tells you nothing about whether the request is genuine: scammers use real codes of real banks.

Verify changed bank details via a different channel like a call to a number from an earlier contract. Be suspicious of urgent requests, unusual wording or a sender address that is slightly off. Already paid? Contact your bank without delay and have them start a recall.

Recipients can be targeted as well: one known trick is a buyer who pays too much and then sends a request to send back the difference to another account. Wait until the money is actually in your account – ask Mts Bank if something looks wrong.

Mts Bank: head office code versus branch codes

Mts Bank uses 8 different SWIFT/BIC codes. One of them is the head office code, MBRDRUMMXXX; the others identify branches.

In most cases there is no need to pick a branch: transfers sent to MBRDRUMMXXX reach Mts Bank without problems. A branch code only makes sense when the account holder specifically mentions it.

The safest route is to copy the code directly from the account holder’s bank details. Branch codes are sometimes changed or retired when banks reorganise, so do not rely on old paperwork.

Getting paid from abroad into a Mts Bank account

To receive a transfer from abroad at Mts Bank, the person paying you has to have not just the BIC. What they need is: the account holder’s name, account number or IBAN, MBRDRUMMXXX and, for some countries, your postal address.

Certain sending banks want the name and address of Mts Bank, so keep it at hand. Check every detail before you share them – a sender rarely spots a mistake in someone else’s details.

An incoming payment will not always land for the full amount. Charges on incoming payments vary per bank. Make clear with the sender who pays which costs, especially for larger amounts.

Paying someone abroad from your Mts Bank account

When you send money abroad from Mts Bank, the fee you see is rarely all of what you pay. There is the transfer fee, possibly charges from correspondent banks in between and, above all, the margin on the exchange rate.

Many banks rarely list their exchange rate markup as a cost – you only notice it if you compare. A simple test: put the rate you get against the mid-market rate and work out the difference on your amount.

For many currency pairs, a transfer service turns out to be cheaper than a bank, mainly because of the exchange rate. GoldexPay compares the amount that arrives with different services. Choosing a specialist does not mean leaving Mts Bank – you pay the provider from your own account.

Is MBRDRUMM still correct? How to check

The most reliable source for the BIC is the recipient’s own bank details: an invoice, a bank statement or their online banking. Compare that code with MBRDRUMM on this page.

With a wrong code, the payment might be delayed, bounce back or cost extra – sometimes after weeks of searching. An error in the IBAN or account number is a bigger problem because it can reach the wrong person.

A format check by your bank merely tells you that the IBAN exists. If your bank offers it, a payee name check before sending gives extra certainty. A small test payment is worth it for a large first payment.

Where our SWIFT data comes from

The directory on GoldexPay is based on public sources and is updated regularly. It is possible that information here is no longer current after a merger or reorganisation. Counts and locations come from our directory and are not confirmed by Mts Bank.

Treat our data as a reference, not as the last word. We are an independent comparison site and not affiliated with Mts Bank. Found an error? Let us know through the contact page and we will look into it.

What the XXX in MBRDRUMMXXX means

The structure of a BIC never changes: four characters for the institution, a two-letter country code and two for the location. That gives you MBRDRUMM.

XXX at the end of MBRDRUMMXXX is not a missing value or an error: it indicates the head office of Mts Bank. Some forms ask for 11 characters, and then you can add XXX after MBRDRUMM.

Do not add spaces when you type MBRDRUMM; the code is always written in one block. Watch for the letter O and the digit 0 or the letter I and the digit 1, a common source of typos.