PJSC Bank Grant SWIFT/BIC code

What GRBKUA2X means for a payment to PJSC Bank Grant

GRBKUA2X and GRBKUA2XXXX are two spellings of the same bank identifier, and both lead to PJSC Bank Grant in Kharkiv. A BIC has a single purpose: it makes sure that money from abroad ends up at the right bank. In daily life you mostly come across it on international invoices, in payment forms and in the bank details of PJSC Bank Grant customers.

On this page we explain what the code is put together, when you need it and which other details a transfer to or from PJSC Bank Grant requires. The SWIFT code alone cannot identify an individual account holder; that is what the IBAN or account number is for.

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

A BIC is built from a few fixed parts: the first four letters identify the bank, the next two give the country and the two after that mark the location. For PJSC Bank Grant, the 8-character core is GRBKUA2X.

XXX at the end of GRBKUA2XXXX is not a placeholder or a mistake: it indicates the head office of PJSC Bank Grant. Certain payment forms ask for 11 characters, and then you can add XXX behind GRBKUA2X.

In practice the code is typed in capitals. A single letter can send the money to a different institution.

How to check GRBKUA2X before you pay

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. Compare that code against GRBKUA2X here and ask if anything does not match.

Errors in the SWIFT code are costly more than disastrous – usually the money comes back, minus fees and time lost. Remember the account number: a mistake there is harder to undo than a wrong BIC.

An automatic check in your banking app only tells you that the code exists. Where available, a payee name check before sending adds extra certainty. For a first payment, many people start with a small test amount.

Head office or branch code at PJSC Bank Grant?

With 4 codes in 2 cities, PJSC Bank Grant is one of the banks that use individual codes for parts of the organisation and departments. The head office code is GRBKUA2XXXX.

Unless the recipient tells you otherwise, use GRBKUA2XXXX. If you have been given a specific code, use it as it is instead of replacing it with the head office code.

Not sure which code to use? Check with the recipient. Codes can change when banks reorganise.

What to give a sender who pays you at PJSC Bank Grant

When you are waiting for a payment from another country, give the sender all details at once. The basics are: your name, account number or IBAN, GRBKUA2XXXX or GRBKUA2X and, for some countries, your postal address.

Some sending banks also ask for the bank’s address in Kharkiv. Check every detail before you send them – a sender rarely spots a mistake in someone else’s details.

Do not be surprised if the amount credited is below the amount on the sender’s receipt. Charges on incoming payments differ per bank – the price list of PJSC Bank Grant tells you what applies. On invoices, you can agree who bears the costs, so that nobody is left short.

International transfers from PJSC Bank Grant: the real cost

A bank transfer abroad can cost more than the listed fee. On top of a fixed fee, correspondent or intermediary banks may take a cut, and if the money changes currency, the bank usually uses a rate that is less favourable than the real market rate.

The markup on the rate tends to be the biggest cost, and it is easy to miss. Compare their rate with the mid-market rate – the rate you find on financial news sites. The difference is your real conversion cost.

Specialist money transfer services often use a rate near the mid-market rate and lower fees. GoldexPay compares transfer providers side by side so you can see the amount the recipient gets. Choosing a specialist does not require leaving PJSC Bank Grant: you simply pay the service from your account.

When will the money arrive at PJSC Bank Grant?

A SWIFT payment typically needs anywhere from one to several business days – it depends on currency, route and the banks in between. Weekends and public holidays in either country add a day or more, since banks do not process on those days. Extra checks by one of the banks may also cause some delay, even when all details are correct.

Many banks are connected to SWIFT gpi. Each gpi transfer gets a unique transaction reference, the UETR, which your bank can use to see where the money is. Money transfer services usually provide tracking in their app showing how far the money has got.

If a payment has not arrived after a few business days, the person who paid should contact their own bank. As a recipient, you can look at your account to see a partial amount.

Protect yourself against fake payment requests

Be wary if a contact suddenly asks you to send money to a different account. A valid SWIFT code tells you nothing about who owns the account: scammers use real codes of real banks.

Never trust a phone number from the same email that contains the change. Pressure and secrecy are red flags. Acted too fast? Call your bank straight away and have them try to recall the payment; also report it to the police.

Recipients can be targeted as well: a classic trick is an overpayment followed by a request to send back the difference abroad. A payment confirmation from the sender proves nothing; only your own account shows what has arrived.

Where our SWIFT data comes from

Our SWIFT/BIC directory is compiled from public sources. It is possible that information here is no longer current. The number of codes on this page are based on our own data.

Before any payment that matters, always check the BIC with the recipient’s bank or with the recipient. GoldexPay is independent of PJSC Bank Grant, we only compare transfer services. Found outdated information? Let us know through the contact page and we will look into it.