Sviaz-Bank SWIFT/BIC code

SVIZRUMM – the SWIFT/BIC code of Sviaz-Bank

SVIZRUMM and SVIZRUMMXXX are two spellings of the same SWIFT/BIC code, and both point to Sviaz-Bank in Moscow. Every bank on the SWIFT network uses BIC codes to direct international transfers to the correct bank. It comes up mostly when dealing with transfers between countries and payments in foreign currencies.

Further down we go through the practical questions: money coming in from abroad, sending money abroad and how to verify a SWIFT code before you hit send. The BIC names a bank or branch, not a single account.

What to give a sender who pays you at Sviaz-Bank

To receive an international payment into your account at Sviaz-Bank, the sender needs not just the BIC. In practice that means: your name as registered with Sviaz-Bank, your IBAN or account number, the SWIFT/BIC code SVIZRUMMXXX (or SVIZRUMM) and, often, your address.

Certain banks also ask for the address of Sviaz-Bank, so keep it at hand. A mistake in the IBAN is harder to fix than you might think, so copy the details from your online banking.

The amount you receive can be lower than the amount sent. Charges on incoming payments differ from bank to bank; check the price list of Sviaz-Bank. Agree with the sender who covers the fees before the money is sent.

Before you send: check the Sviaz-Bank code

The most reliable place for the correct BIC remains paperwork issued by the bank like a bank statement or the account page in online banking. Check it against SVIZRUMM here.

Mistakes in the BIC tend to be annoying more than fatal. Remember the IBAN: a mistake there is harder to undo than a wrong code.

Most online banking apps validate the format of IBANs – that confirms the format, not the owner. Some banks now check the name with the account before you confirm – do not ignore a mismatch warning. A small test payment is a sensible step for a large first payment, even if it costs an extra fee.

SVIZRUMM or SVIZRUMMXXX – which one to use?

A BIC is built from fixed blocks: the first four letters identify the bank, characters five and six give the country and characters seven and eight mark the location. Combined, these eight characters make up SVIZRUMM – the version you usually see online.

Most payment forms work with both lengths. If a form asks for eleven characters, enter SVIZRUMMXXX.

In practice the code is typed in capitals and without spaces. Pasting the code is safer than retyping it: a typo can point to another bank.

Sviaz-Bank: head office code versus branch codes

Having 25 codes in 25 cities, Sviaz-Bank belongs to the banks that use separate codes for branches and departments. The main code is SVIZRUMMXXX.

For the vast majority of incoming transfers, the head office code SVIZRUMMXXX is the right choice. Only use a branch code when the recipient gives you that exact code.

The safest approach is to copy the code straight from the account holder’s statement. Branch codes are sometimes changed or retired when banks reorganise.

Transfer times and tracking a payment to Sviaz-Bank

An international transfer usually takes one to a few business days, depending on the currency, the route and the banks involved. 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 before releasing it.

If the money is late, ask your bank about the status or the UETR. Specialist transfer services usually show a status in their app so you can see where the money is.

A missing payment has to be investigated by the sending bank, using the payment confirmation. Request from the sender the payment receipt with the date and reference.

Changed bank details? Be careful

Stay wary when a contact unexpectedly wants you to pay into another account. That SVIZRUMM is a real code does not mean that the account is legitimate.

Before paying, confirm a change of bank details by phone on a number you know, not one from the message. Watch out for time pressure, unusual wording or an email address that differs by one letter. Already paid? Call your bank without delay and have them start a recall; also report it to the police.

Recipients can be targeted as well: one known trick is a buyer who pays too much and then sends a request to send back the difference. Wait until the money has really arrived and check with Sviaz-Bank if anything seems off.

What a transfer from Sviaz-Bank abroad really costs

What you pay for an international transfer has more than one component. There is the fee for the transfer itself, sometimes charges from correspondent banks along the way and, most importantly, the exchange rate markup if the currency changes.

That exchange rate margin tends to be the largest item. Check their rate with the mid-market rate – the rate you find on financial news sites.

For a lot of routes, a specialist provider turns out to be less expensive than a traditional bank transfer. Next time you send money, take a minute to compare the total cost on GoldexPay instead of going straight to your bank. Choosing a specialist does not require closing your account at Sviaz-Bank.

Where our SWIFT data comes from

The directory on GoldexPay is based on publicly available sources and is updated regularly. Even so, banks merge or retire codes and our data may lag behind. Counts and locations come from our own dataset.

Treat this page as a reference, not as the final word: the recipient’s bank details come first. GoldexPay is an independent comparison service for money transfers and not part of Sviaz-Bank. Spotted outdated information? Let us know via our contact form so we can correct it.