PJSC Ok Bank SWIFT/BIC code

PJSC Ok Bank SWIFT code: OKSKRUMM

The 8-character code OKSKRUMM and the 11-character code OKSKRUMMXXX refer to one and the same institution: PJSC Ok Bank in Yaroslavl, Russia. The code does one job: it makes sure that an international payment reaches the right bank. In daily life you usually come across the code on international invoices, in payment forms and on the account details of PJSC Ok Bank customers.

Further down we go through the practical questions: money coming in from abroad, paying someone in another country and how to verify the code before you hit send. Keep in mind that the SWIFT code only identifies the bank, not the account: the account number or IBAN does that part.

International transfers from PJSC Ok Bank: the real cost

What you pay for a payment abroad is made up of several parts – not just the fee on your screen. There is the transfer fee, sometimes fees charged by intermediary banks along the way and, most importantly, the margin on the exchange rate when the money is converted.

The real cost is often in the rate, rather than in the fee: many banks convert using an exchange rate with a margin built in. A simple test: set the rate you get against the mid-market rate for the same moment and work out the difference on your amount.

Specialist money transfer services often offer a rate near the mid-market rate and lower fees. GoldexPay lists these services next to each other so you can see what actually arrives. Using a transfer service does not require leaving PJSC Ok Bank – you pay the provider from your own account.

Is OKSKRUMM still correct? How to check

The safest source for a SWIFT code is the bank details provided by the recipient: an invoice, a bank statement or their online banking. Check it with OKSKRUMM on this page.

If the code is wrong, the payment might get stuck, be returned or cost extra, and tracing it can take weeks. An error in the IBAN or account number is more serious, because the money may be credited to someone else; check it just as carefully.

Many banking apps validate the structure of an IBAN and some suggest the matching BIC. Some banks now compare the payee name against the account before you confirm – do not ignore a mismatch warning. A small test payment can be worth it for a large first payment.

Head office or branch code at PJSC Ok Bank?

Our directory lists 3 SWIFT/BIC codes for PJSC Ok Bank in 3 places. Next to the head office code OKSKRUMMXXX, there are codes for regional offices and specialised units.

Unless the recipient tells you otherwise, use OKSKRUMMXXX or its short form OKSKRUMM. Just use a branch code when your contact explicitly asks for it.

When in doubt, ask the person you are paying which code their bank gave them. Codes for branches are more prone to change than the head office code when a bank merges or closes offices.

A note on our data

The details here are taken from public sources which we refresh regularly. Still, banks merge, rename themselves or retire codes, so information can be out of date. The number of codes we show are based on what is in our directory and not on information from PJSC Ok Bank itself.

Treat our data as a reference, rather than as the last word. GoldexPay is independent of PJSC Ok Bank; we are a comparison site for money transfers. Found outdated information? Tell us through the contact page and we will look into it.

Why PJSC Ok Bank has an 8- and an 11-character code

The layout of a BIC is always the same: a bank code of four letters, two for the country and two for the location. For PJSC Ok Bank, that core is OKSKRUMM.

The full version has a three-character extension for a branch or department. When those three characters are XXX, they simply mean the head office.

Do not add spaces when you enter OKSKRUMM; the code is always written in one block. A wrong character may route the money to another bank.

Incoming international payments to PJSC Ok Bank

For an international payment at PJSC Ok Bank, the person paying you needs more than the SWIFT code. Share your name as the bank knows it, the IBAN or account number, SWIFT code OKSKRUMMXXX and your address.

The sender’s bank may request the bank address of PJSC Ok Bank. A typo in your account number can be harder to fix than it looks, so copy the details from your online banking.

The amount you receive can be less than the amount sent. Correspondent banks can take a fee, and if the money is converted, a markup on the rate comes on top. Make clear with the sender who covers the fees.

How long does an international transfer to PJSC Ok Bank take?

There is no single answer for international payments: some arrive the same day or the next while others need several business days. Transfers sent late in the day or just before weekends and holidays usually go out a business day later. Sometimes a bank wants to know what the payment is for, which can hold things up.

A growing number of banks use SWIFT gpi. Each gpi transfer carries a unique reference, the UETR, which your bank can use to see where the money is. Save the payment confirmation – you will need it for any trace request.

A delayed transfer has to be traced from the sending side. Request from the sender a copy of the payment confirmation; that often settles the question quickly.

Scams that use SWIFT codes

Criminals regularly send payment requests with new bank details sent from what looks like a familiar address. A valid SWIFT code tells you nothing about who owns the account: scammers use real codes of real banks.

Never rely on a phone number in the same message that contains the change. Pressure or requests to keep it quiet tend to be warning signs; a genuine business can wait for you to check. If money was sent to a fraudster, call your bank right away – speed improves the chance of getting it back.

Scams can also work the other way. Someone sends too much and asks you to refund the extra to a new account. A payment confirmation from the sender is no proof.