Novikombank SWIFT/BIC code

SWIFT/BIC code of Novikombank

Whether a recipient gives you CNOVRUMM or CNOVRUMMXXX, it is the identical identifier for Novikombank in Russia. A BIC does one job: it ensures that money from abroad ends up at the right bank. It comes up mostly for transfers between countries and payments in foreign currencies.

This page is meant to help anyone who sends money to an account at Novikombank and wants to get the details right. The BIC names an institution, never a single account, which is why you always need the account number too.

Head office or branch code at Novikombank?

Novikombank has 6 separate SWIFT/BIC codes. Only one is the head office code, CNOVRUMMXXX; the others identify branches or departments.

Usually you do not need to pick a branch: payments addressed to CNOVRUMMXXX are routed within Novikombank without problems. If you have been given a specific code, use it as it is instead of swapping it for the head office code.

Unsure which code applies? Ask the recipient. Branch codes are more likely to change than the head office code when a bank merges or closes offices.

International transfers from Novikombank: the real cost

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 take a cut, and if the money changes currency, the bank usually applies a rate that is less favourable than the actual market rate.

Many banks rarely list the margin on the rate as a cost, but you pay it all the same. An easy check: put the bank’s rate against the mid-market rate for the same moment and work out the difference on your amount.

For a lot of currency pairs, a specialist provider turns out to be cheaper than a bank. On GoldexPay you can compare what recipients receive across providers, which makes the cheapest option easy to spot. You can always use your account at Novikombank.

How long does an international transfer to Novikombank take?

How fast a transfer reaches Novikombank is determined by several factors: which currency you send, how many intermediary banks are involved, daily processing deadlines and differences in time zone. Transfers sent late in the day or just before a weekend or public holiday often start a business day later. Occasionally a bank asks about the purpose of a payment before releasing it.

A growing number of banks use SWIFT gpi for faster and traceable payments. Each gpi transfer gets a unique transaction reference, the UETR, which your bank can use to see where the money is. Save your transfer receipt until the recipient confirms; it contains the details a bank needs to start a trace.

If the money does not arrive within the expected time, the person who paid needs to start with the bank that sent it. Ask the sender for a copy of the payment confirmation including the reference – it helps your own bank look for the money.

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

The structure of every SWIFT code never changes: a bank code of four letters, a two-letter country code and two for the location, sometimes followed by a branch code. In this case, that core is CNOVRUMM.

The long version adds a three-character extension for a branch or department. When those three characters are XXX, they simply mean the head office, so CNOVRUMMXXX and CNOVRUMM are interchangeable.

As a rule the code is written in capitals and without spaces. Watch for the letter O and the digit 0 or I versus 1.

Changed bank details? Be careful

Stay wary when someone suddenly asks you to send money to a different account abroad. That CNOVRUMM is a real code is no guarantee that the account is legitimate.

Always confirm a change of bank details through a phone call on a number you know, not one from the message. Urgency or requests to keep it quiet are warning signs; a genuine business can wait for you to check. Already paid? Call your bank without delay and have them try to recall the payment.

People receiving money can be targeted as well: a classic trick is a buyer who pays too much followed by a request to send back the difference. Wait until the money has really arrived – ask Novikombank if something looks wrong.

Before you send: check the Novikombank code

Have the recipient copy the bank details directly from their online banking. Compare that code against CNOVRUMM on this page; if they differ, ask before you pay.

With a wrong code, the transfer may get stuck, be returned or end up costing more, and tracing it can take weeks. Do not forget the IBAN: an error there is more difficult to undo than a wrong code.

Many banking apps validate the format of IBANs, but that does not prove the account belongs to the right person. Where available, a payee name check before sending gives extra certainty. When you pay someone new, many people start with a small test amount.

Where our SWIFT data comes from

Our SWIFT/BIC directory is compiled from public sources. Still, banks merge or change codes and our data may lag behind. The figures on this page reflect what is in our directory, not official figures from Novikombank.

Treat the information here as a handy check and rely on the recipient or Novikombank for the final confirmation. GoldexPay is not affiliated with Novikombank, we only compare transfer services. Should you notice something that is out of date, we welcome a message via the contact page.

Incoming international payments to Novikombank

For a transfer from abroad into your account at Novikombank, the sender needs more than the BIC. In practice that means: your name as registered with Novikombank, your IBAN or account number, the SWIFT/BIC code CNOVRUMMXXX (or CNOVRUMM) and usually your postal address.

Their bank might request the bank address of Novikombank. A typo in your account number can be more trouble than you might think.

Do not be surprised if the incoming amount is below what the sender paid. Charges on incoming payments differ from bank to bank. Agree with the sender who pays which costs, especially for larger amounts.