SWIFT/BIC codes in Russia: banks starting with T

Russia: banks and their SWIFT/BIC codes

Our directory contains 785 banks and financial institutions in Russia and 1646 SWIFT/BIC codes between them. A SWIFT code tells the banks handling a transfer exactly which bank should receive the money.

Pick the bank below to view its head office code and any branch codes along with tips for payments to and from that bank. The sections below explain how the codes work, what transfers cost and the checks worth doing before a payment.

Getting paid from abroad into an account in Russia

When you are waiting for a payment from another country on an account in Russia, send the payer a complete set of details. That means: your full name exactly as it appears on the account, your IBAN or account number, the BIC of your bank and usually your postal address.

Find your bank in the list above, but take the code from your own bank details when in doubt. It helps to include your bank’s name and city.

Do not be surprised if the incoming amount is below what the sender paid. Correspondent banks can take a fee, your bank may charge for incoming payments, and if the money is converted, a markup on the rate comes on top. For business payments, state who bears the costs, so nobody is left short.

Bank or transfer service for Russia?

A bank transfer to Russia can cost rather more than you think. There is a transfer fee, possibly charges from intermediary banks along the way and, most importantly, the exchange rate markup when currencies differ.

Most of the cost usually sits in the exchange rate, rather than in the fee. Compare the bank’s rate against the mid-market rate that you find on financial sites. The difference is your real cost.

Money transfer services often offer a rate near the mid-market rate. Before you send money to Russia, take a minute to compare the total cost via GoldexPay rather than accepting the first rate you see.

How long does a transfer to Russia take?

How quickly a payment reaches Russia depends on several factors: which currency you send, how many intermediary banks are involved, daily processing deadlines and time zones. Bank holidays in Russia or in the sending country can add extra days to the journey.

A growing number of banks are connected to SWIFT gpi, which lets them follow a payment from bank to bank. Every gpi transfer gets a unique reference, the UETR that banks can use to see where the money is. Keep your transfer receipt – you will need it if something goes wrong.

What the letters in a Russia BIC mean

Every SWIFT/BIC code consists of 8 or 11 characters in a fixed order. The first four letters identify the bank, the fifth and sixth characters are the country code and characters seven and eight give the location.

You can recognise a code from Russia from the fifth and sixth characters. Codes with other letters in that position belong to another country – a quick way to catch mistakes.

The last three characters, if present, identify a specific branch; XXX means the head office. For most transfers the head office code is what you need.

Why a transfer to Russia needs a SWIFT code

Because Russia does not belong to SEPA, an international payment is usually sent through SWIFT. This means the payment always needs the BIC of the recipient’s bank in addition to the account details.

In some countries, the account is identified by a local account number rather than an IBAN. The receiving bank often has instructions for incoming international payments. International transfers sometimes go via one or more intermediary banks, each of which may deduct a fee.

JSC Rosselkhozbank and its SWIFT codes

JSC Rosselkhozbank tops the list of Russia banks when it comes to the number of SWIFT/BIC codes. The head office uses RUAGRUMMXXX – the code most transfers need.

Banks differ in how many codes they register. Making a payment to JSC Rosselkhozbank? Go with RUAGRUMMXXX unless the recipient gives you a branch code.

Banks in Russia beginning with the letter :letter

This filter limits the list to banks from Russia that begin with :letter. The totals mentioned here apply to all 785 banks and not only this letter.

If a bank is missing here, check another letter: banks are often registered under their full legal name. The complete list remains available when the letter filter does not help.

Verifying a SWIFT code from Russia

The best place to find the correct BIC remains a document from the bank itself. When the code you were given does not match our list, do not guess – contact the recipient or their bank.

Our SWIFT/BIC directory is based on publicly available sources and is updated regularly. Even so, banks merge or retire codes. Treat our data as a reference rather than the last word. GoldexPay is not a bank and has no link to the banks in this list.

Watch out for invoices with a new account – a common fraud method. A real SWIFT code says nothing about whether a request is genuine – scammers use the codes of real banks.