Nefteprombank SWIFT/BIC code

SWIFT/BIC code of Nefteprombank

INDMRUMM and INDMRUMMXXX are two ways of writing the same SWIFT/BIC code, and both lead to Nefteprombank in Moscow. The code has a single purpose: it ensures that a cross-border transfer reaches the right bank. In daily life you mostly come across the code on invoices from abroad, in payment forms and in the bank details of Nefteprombank customers.

Further down we go through the practical side: money coming in from abroad, paying someone in another country and how to check a SWIFT code before you hit send. A SWIFT code names a bank or branch, never a specific account.

International transfers from Nefteprombank: the real cost

When you send money abroad from Nefteprombank, the fee you see is only part of the cost. Besides the transfer fee, correspondent or intermediary banks may take a cut, and if currencies are converted the bank usually uses a rate below the actual market rate.

The real cost is often in the rate, not in the fee: the bank converts using an exchange rate with a margin built in. A simple test: set the bank’s rate next to the mid-market rate for the same moment and work out the difference on your amount.

Specialist money transfer services frequently use a rate near the mid-market rate with clearer fees. GoldexPay lists transfer providers side by side so you can see the amount the recipient gets. Using a transfer service does not require leaving Nefteprombank.

How long does an international transfer to Nefteprombank take?

A SWIFT payment usually needs anywhere from one to several business days. Weekends and public holidays in the sending or receiving country add a day or more. Extra checks on larger or unusual payments can also add a delay, regardless of the details.

A growing number of banks are connected to SWIFT gpi, which lets them follow a payment from bank to bank. Every gpi transfer carries a unique reference, the UETR. Save your transfer receipt until the recipient confirms; it contains the details a bank needs to start a trace.

The bank that sent the money is able to start an official trace or a recall; the receiving side usually has nothing to trace yet. Ask the sender for a copy of the payment confirmation including the reference – it helps your own bank look for the money.

Which of the 4 codes of Nefteprombank do you need?

We have 4 SWIFT/BIC codes for Nefteprombank, spread over 3 locations. Next to the head office code INDMRUMMXXX, there are codes for individual branches and departments.

If nobody asks you for a branch code, go with INDMRUMMXXX or its short form INDMRUMM. Branch codes are only needed if the account holder specifically asks for it.

Not sure which code to use? Ask the recipient. Branch codes are sometimes changed or retired when banks reorganise, so do not rely on old paperwork.

Getting paid from abroad into a Nefteprombank account

If you expect a payment from another country, send the payer everything they need in one go. That means: your name as registered with Nefteprombank, your IBAN or account number, the SWIFT/BIC code INDMRUMMXXX (or INDMRUMM) and, often, your address.

The sender’s bank might also ask for the bank address of Nefteprombank. Double-check the details before you share them, because the sender’s bank usually copies them as is.

An incoming payment does not always arrive in full. Charges on incoming payments differ from bank to bank – the price list of Nefteprombank tells you what applies. Agree with the sender who covers the fees.

INDMRUMM or INDMRUMMXXX – which one to use?

A SWIFT code is built from a few fixed parts: the first four letters stand for the bank, characters five and six give the country and the two after that indicate the location. That gives you INDMRUMM for Nefteprombank.

The long version has three more characters that identify a branch or department. When those three characters are XXX, the code points to the head office, so INDMRUMMXXX and INDMRUMM are interchangeable.

Enter the code in one piece, in capitals and without separators, exactly as shown here. Watch for O versus 0 and the letter I and the digit 1, a common source of typos.

Scams that use SWIFT codes

A common scam works like this: you receive a message saying that a supplier has new bank details and that the next payment should go there. A valid SWIFT code says nothing about whether the request is genuine: scammers use real codes of real banks.

Verify new payment details through a different channel, such as a phone number you already know, never via the email that asked for the change. Be suspicious of time pressure, odd spelling or an email address that differs by one letter. Acted too fast? Contact the bank you paid from straight away and have them try to recall the payment; also report it to the police.

Scams can also target the receiver. Someone sends more than agreed and asks you to refund the difference via a different route. A payment confirmation from the sender proves nothing.

How up to date is this code?

The directory on GoldexPay draws on publicly available sources and we update it periodically. Still, banks merge, rename themselves or change codes. The number of codes we show reflect our own data and not on information from Nefteprombank itself.

Treat this page as a reference, not as the last word: the recipient’s bank details come first. GoldexPay is a comparison site for money transfers and not affiliated with Nefteprombank. Should you notice something that is out of date, we appreciate a short note.

Before you send: check the Nefteprombank code

The most reliable place for the right code remains a document from the bank itself, such as a statement or the account details in online banking. Compare it with INDMRUMM on this page; if they differ, ask before you pay.

An incorrect BIC can cause delays, a payment being sent back or additional charges along the way. Remember the IBAN: a mistake there can be more difficult to undo than a wrong code.

Most online banking apps check the format of an IBAN and sometimes look up the BIC automatically – that confirms the format, not the owner. If your bank offers it, a payee name check on the recipient adds extra certainty. When you pay someone new, many people start with a small amount first before sending the rest.