SWIFT/BIC codes in Russia: banks starting with R

SWIFT/BIC codes in Russia

Here you will find codes for 785 banks in Russia. A SWIFT code shows every bank in the chain exactly which bank should receive the money.

Each bank is listed with its own page with its main code and, where available, codes for branches and departments. The rest of this page explain how the codes work, the cost of transfers and the checks worth doing before you send money.

Paying a bank in Russia from abroad

Because Russia is outside SEPA, an international payment is usually sent as a SWIFT payment. That means the payment always needs the SWIFT/BIC code of the recipient’s bank.

Not every country uses IBAN numbers; in that case the local account number is used instead. Ask the recipient exactly which details their bank requires for incoming international payments. International transfers can pass through correspondent banks, each of which may deduct a fee.

Tracking a payment to Russia

There is no single answer for transfers to Russia: many land within a day. Payments made after the cut-off time or on weekends and holidays usually go out a business day later.

A growing number of banks are connected to SWIFT gpi. Every payment gets a unique transaction reference, the UETR that banks can use to see where the money is. Save the payment confirmation until the money has arrived.

The cheapest way to send money to Russia

The price of a payment to Russia is made up of several parts – not only the fee you see. Besides a fixed fee, intermediary banks may deduct a charge and, if currencies are converted, the bank often uses a rate below the actual market rate.

The real cost is often in the rate: banks convert at a rate with a margin built in. Compare the bank’s rate with the mid-market rate, the midpoint you see on financial news sites.

Specialised transfer providers often offer a rate near the mid-market rate. GoldexPay compares transfer services next to each other so you can see the amount that reaches the recipient.

What a sender needs to pay you in Russia

If you expect a payment from another country on an account in Russia, send the payer all details at once. In practice that means: your name as your bank knows it, your account number or IBAN, the BIC of your bank and usually your postal address.

Look up the bank in the list above to check its code. Some banks may also want the name and address of your bank, so keep it at hand.

Do not be surprised if the amount credited is below the amount on the sender’s receipt. Intermediary banks may deduct a fee, your bank may charge for incoming payments, and if the money is converted, a markup on the rate comes on top. Make clear with the sender who pays which costs before the money is sent.

Filter: banks in Russia with :letter

You are looking at a filtered list: only institutions in Russia with a name starting with :letter. The counts in the introduction always refer to the whole country, not just this letter.

If the bank you need is missing under :letter, try the full list: banks are often registered under their full legal name. Use the full list for Russia when you are not sure how the name is spelled.

How reliable is this list?

The most reliable source for a SWIFT code is the recipient’s own bank details: an invoice, a statement or their online banking. A wrong code may lead to a delay, a returned payment or additional charges, so compare it with the list on this page.

We gather bank codes using publicly available data and update them regularly. Institutions reorganise, change names and change codes – a directory can be a step behind. For a payment of any size, confirm the code with the recipient’s bank. We are a comparison site for money transfers and not part of any bank listed here.

Scammers often use fake invoices carrying new bank details that look completely genuine. Always confirm a change of bank details by phone on a number you know.

Most SWIFT codes in Russia: JSC Rosselkhozbank

Of the 785 banks we list for Russia, JSC Rosselkhozbank is listed with the most SWIFT codes. The head office of JSC Rosselkhozbank uses RUAGRUMMXXX and that code covers most payments.

Practice differs in how many codes they register. If not the recipient asks for a branch, the head office code RUAGRUMMXXX works for a payment to JSC Rosselkhozbank.

How SWIFT codes from Russia are built

A BIC is either 8 or 11 characters long. The first four letters identify the bank, characters five and six form the country code and the next two give the location.

For banks in Russia, letters five and six show the two-letter ISO code of Russia – that is the quickest way to spot one. If those two letters do not match Russia, you are looking at a bank somewhere else – worth double-checking.

The last three characters, if present, stand for a specific branch; XXX is used for the head office. Use a branch code just if the recipient explicitly gives you one – otherwise stick with the head office.