Open Joint Stock Company 'sauber Bank' SWIFT/BIC code

KAOORU3C – the SWIFT/BIC code of Open Joint Stock Company 'sauber Bank'

KAOORU3C and KAOORU3CXXX are two ways of writing the same SWIFT/BIC code, and both point to Open Joint Stock Company 'sauber Bank' in Cherkessk. A SWIFT code shows every bank in the chain exactly which bank is meant to get the money, much like a postcode for banks. You will need it mainly for transfers between countries.

Below we go through the practical side: money coming in from abroad, paying someone in another country and how to verify a SWIFT code before you hit send. The SWIFT code on its own cannot identify an individual account holder; that is what the account number or IBAN .

Protect yourself against fake payment requests

Stay alert if a contact suddenly asks you to pay into a different account abroad. A valid SWIFT code tells you nothing about whether the request is genuine.

Do not trust contact details from the same email that contains the new account. Watch out for urgent requests, unusual wording or an email address that differs by one letter. Acted too fast? Call the bank you paid from straight away and have them start a recall and report the fraud.

People receiving money are targeted too: one known trick is a buyer who pays too much and then sends a request to refund the difference abroad. A payment confirmation from the sender proves nothing.

Before you send: check the Open Joint Stock Company 'sauber Bank' code

The best place to find the right code remains paperwork issued by the bank. Check that code against KAOORU3C here.

A wrong SWIFT code can cause delays, a returned payment or extra fees for investigation. An error in the account number is a bigger problem because it can reach the wrong person; check it just as carefully.

An automatic check by your bank merely tells you that the IBAN exists, not that it is the right account. More and more banks check the payee name with the account – do not ignore a mismatch warning. For a first payment, many people start with a small test amount and wait for confirmation.

Choosing between the 2 SWIFT codes of Open Joint Stock Company 'sauber Bank'

Having 2 codes, Open Joint Stock Company 'sauber Bank' is one of the banks that register separate codes for parts of the organisation and departments. The main code remains KAOORU3CXXX.

If nobody asks you for a branch code, use KAOORU3CXXX or its short form KAOORU3C. Just use a branch code when the account holder gives you that exact code, for example on an invoice or in their bank details.

Not sure which code to use? Check with the recipient or the bank itself. Codes are sometimes changed or retired when banks reorganise, so do not rely on old paperwork.

Getting paid from abroad into a Open Joint Stock Company 'sauber Bank' account

To receive an international payment into your account at Open Joint Stock Company 'sauber Bank', the sender has to have not just the SWIFT code. The basics are: the account holder’s name, IBAN or account number, KAOORU3CXXX and, for some countries, your home address.

You can add the bank name and its city too, since some forms ask for it. Check each detail before you share them.

The amount you receive is often lower than what was sent. Charges on incoming payments differ from bank to bank – the price list of Open Joint Stock Company 'sauber Bank' tells you what applies. For business payments, it is common to agree how the fees are split.

Why Open Joint Stock Company 'sauber Bank' has an 8- and an 11-character code

A BIC is made up of fixed blocks: characters one to four identify the bank, characters five and six show the country and the two after that mark the location. Combined, those parts form KAOORU3C.

The long version has a three-character extension that identify a branch or department. If the last three are XXX, they simply mean the head office, so KAOORU3CXXX and KAOORU3C are interchangeable.

Type the code in one piece, in upper case and without separators, exactly as shown here. A single letter can send a payment to another bank, so copy it carefully.

About this information

We gather bank codes from public sources and update our list regularly. It is possible that a code here is out of date. The figures on this page reflect our own data, not official figures from Open Joint Stock Company 'sauber Bank'.

Use this page as a starting point, not as the last word. GoldexPay has no connection to Open Joint Stock Company 'sauber Bank', we only compare transfer services. If you notice something that is out of date, we appreciate a message.

How long does an international transfer to Open Joint Stock Company 'sauber Bank' take?

How fast a payment reaches Open Joint Stock Company 'sauber Bank' is determined by several factors: the currency, how many intermediary banks are involved, daily processing deadlines and differences in time zone. Payments made after the cut-off time or on a weekend or public holiday usually start a business day later. Sometimes a bank wants to know about the purpose of a payment, which can hold things up.

Many banks are connected to SWIFT gpi for faster and traceable payments. Each payment gets a unique reference, the UETR. Save the payment confirmation.

If a payment has not arrived after a few business days, the sender should start with the bank that sent it, not the receiving bank. As a recipient, you can look at your statements to see a partial amount because fees can reduce the amount.

Paying someone abroad from your Open Joint Stock Company 'sauber Bank' account

A bank transfer abroad costs rather more than the listed fee. Besides the transfer fee, correspondent or intermediary banks can take a cut, and when the money changes currency, the bank usually uses a rate below the real market rate.

The real cost is often in the rate, not in the fee: many banks convert using an exchange rate with a margin built in. Check their rate against the mid-market rate – the rate you find on financial news sites. The difference is your real conversion cost.

Specialist money transfer services frequently offer rates closer to the mid-market rate and lower fees. On GoldexPay you can compare the amount that arrives with different services. Using a transfer service does not mean leaving Open Joint Stock Company 'sauber Bank' – you pay the provider from your own account.