Qiwi Bank (Joint-Stock Company) SWIFT/BIC code

SWIFT/BIC code of Qiwi Bank (Joint-Stock Company)

BELERUA1 and BELERUA1XXX are the short and the long form of the same SWIFT/BIC code, and both point to Qiwi Bank (Joint-Stock Company) in Moscow. Every bank on the SWIFT network uses BIC codes to route international transfers to the right bank. In practice you mostly see the code on international invoices, in payment forms and in the bank details that Qiwi Bank (Joint-Stock Company) provides.

Below we go through the practical questions: money coming in from abroad, paying someone in another country and how to verify a SWIFT code before you confirm a payment. The SWIFT code alone does not identify an individual account holder; for that you need the IBAN or account number .

Getting paid from abroad into a Qiwi Bank (Joint-Stock Company) account

If you expect money from abroad, send the payer a complete set of details. That means: your name exactly as it appears on the account, your account number or IBAN, the SWIFT/BIC code BELERUA1XXX and usually your address.

Certain banks also ask for the name and address of Qiwi Bank (Joint-Stock Company) in Moscow, so keep it at hand. Check the details before you send them.

Do not be surprised if the amount credited is smaller than the amount on the sender’s receipt. Charges on incoming payments differ per bank; check the price list of Qiwi Bank (Joint-Stock Company). For business payments, you can state how the fees are split.

How long does an international transfer to Qiwi Bank (Joint-Stock Company) take?

How fast a transfer arrives at Qiwi Bank (Joint-Stock Company) is determined by a few things: the currency, how many intermediary banks are involved, cut-off times and differences in time zone. Bank holidays in the sending or receiving country add a day or more to the journey. Occasionally a bank asks what the payment is for.

If the money is delayed, contact your bank about the status and the transaction reference. Money transfer services usually show a status online showing where the money is.

If a payment has not arrived after a few business days, the sender should start with their own bank, not the receiving bank. On the receiving end, you can look at your statements for a partial amount because fees can reduce the amount.

What the XXX in BELERUA1XXX means

A BIC is made up of a few fixed parts: the first four letters identify the bank, the next two show the country and the two after that mark the location. In this case, that core is BELERUA1.

XXX at the end of BELERUA1XXX is not a missing value or an error: it indicates the main office of Qiwi Bank (Joint-Stock Company). Some forms insist on 11 characters, and then you simply add XXX behind BELERUA1.

Enter the code in one piece, in upper case and without spaces, exactly as shown here. A single character can send the money to a different institution, so copy it carefully.

Protect yourself against fake payment requests

One of the most common tricks goes like this: you receive a request saying that a company now has a new bank account. That BELERUA1 is a real code does not mean that a request mentioning it is genuine.

Before paying, verify a change of bank details by phone. Urgency and secrecy are red flags; a genuine business can wait for you to check. When money has already gone to the wrong account, call your bank right away – speed improves the chance of getting it back.

Scams can also target the receiver: someone sends more than agreed and wants you to return the difference. A screenshot of a transfer is no proof; only your own account shows what has arrived.

Paying someone abroad from your Qiwi Bank (Joint-Stock Company) account

The price of a payment abroad is made up of more than one component – not just the fee on your screen. Besides the transfer fee, correspondent or intermediary banks can take a cut, and when the money changes currency, the bank often applies a rate that is less favourable than the real market rate.

The markup on the rate is often the largest item even though it is not listed as a fee. Check their rate with the mid-market rate – the rate you find on financial news sites.

For a lot of currency pairs, a transfer service turns out to be less expensive than a traditional bank transfer – mostly thanks to the rate. GoldexPay lists these services next to each other, showing the amount the recipient gets before you commit. You can always keep your account at Qiwi Bank (Joint-Stock Company) as the source of the money, while a cheaper service handles the conversion.

About this information

This directory draws on publicly available sources. Institutions merge, change names and change codes. Counts and locations come from our own dataset and are not confirmed by Qiwi Bank (Joint-Stock Company).

Use this page as a starting point, rather than as the last word: the recipient’s bank details come first. GoldexPay is an independent comparison service for money transfers and not affiliated with Qiwi Bank (Joint-Stock Company). Found outdated information? Tell us via our contact form and we will look into it.

Verifying the SWIFT code of Qiwi Bank (Joint-Stock Company)

Have the recipient send you their account details straight from a recent statement. If the code you have does not match BELERUA1 or BELERUA1XXX, stop and ask.

With a wrong code, the payment might get stuck, be returned or cost extra. Remember the account number: an error there is more difficult to correct than a wrong code.

Most online banking apps check the structure of an IBAN, but that does not prove the account belongs to the right person. More and more banks check the name against the account before you confirm – do not ignore a mismatch warning. When you pay someone new, some people send a small amount first.

Choosing between the 4 SWIFT codes of Qiwi Bank (Joint-Stock Company)

Our database contains 4 SWIFT/BIC codes for Qiwi Bank (Joint-Stock Company). Next to the head office code BELERUA1XXX, you will find codes for regional offices and specialised units.

Unless the recipient tells you otherwise, go with BELERUA1XXX. Just use a branch code when your contact explicitly asks for it.

Unsure which code applies? Check with the recipient, or look at a recent statement from Qiwi Bank (Joint-Stock Company). Branch codes are more prone to change than the head office code.