'raiffeisen Bank Aval' Public Joint Stock Company SWIFT/BIC code

SWIFT/BIC code of 'raiffeisen Bank Aval' Public Joint Stock Company

The 8-character code AVALUAUK and the full code AVALUAUKXXX identify one and the same institution: 'raiffeisen Bank Aval' Public Joint Stock Company in Kiev, Ukraine. A SWIFT code tells the banks handling a payment exactly which bank is meant to get the money, a bit like a postal address for banks. It comes up mostly when dealing with transfers between countries.

On this page we explain how the code means, when it matters and which other details you need for a transfer to or from 'raiffeisen Bank Aval' Public Joint Stock Company. The SWIFT code alone cannot identify a personal account; for that you need the account number or IBAN .

How long does an international transfer to 'raiffeisen Bank Aval' Public Joint Stock Company take?

How quickly a payment reaches 'raiffeisen Bank Aval' Public Joint Stock Company depends on several factors: which currency you send, the number of banks in between, cut-off times and time zones. Payments made after the cut-off time or on a weekend or public holiday usually go out the next business day. Extra checks on larger or unusual payments may also cause a delay.

Many banks use SWIFT gpi for faster and traceable payments. Each gpi transfer carries a unique transaction reference, the UETR, which your bank can use to see where the money is. Save your transfer receipt until the money has arrived – you will need it for any trace request.

Only the sending bank is able to start an official trace; the receiving side usually has nothing to trace yet. On the receiving end, it helps to check your statements to see a partial amount, since fees may have been deducted.

International transfers from 'raiffeisen Bank Aval' Public Joint Stock Company: the real cost

An international bank payment costs rather more than the listed fee. Besides the transfer fee, banks in between may take a cut, and if currencies are converted the bank often uses a rate that is less favourable than the real market rate.

The real cost is often in the rate, not in the fee: the bank converts using an exchange rate with a margin built in. Compare the rate you are offered with the mid-market rate; the gap is what conversion costs you.

For a lot of currency pairs, a transfer service is cheaper than a bank. GoldexPay lists transfer providers next to each other so you can see what actually arrives. You can always use your account at 'raiffeisen Bank Aval' Public Joint Stock Company as the source of the money.

Changed bank details? Be careful

Stay alert if a contact suddenly asks you to send money to a different account. The fact that AVALUAUK exists does not mean that the account is legitimate; criminals use the codes of real banks too.

Check new bank details via a different channel. Urgency and requests to keep it quiet are warning signs. When money was sent to the wrong account, call your bank right away: the sooner they act, the better the chance of a recall.

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

Choosing between the 6 SWIFT codes of 'raiffeisen Bank Aval' Public Joint Stock Company

'raiffeisen Bank Aval' Public Joint Stock Company uses 6 separate SWIFT/BIC codes across 5 cities. Only one is the head office code, AVALUAUKXXX; the rest identify branches or departments, and sometimes specific services.

Unless the recipient tells you otherwise, use AVALUAUKXXX. When you receive a branch code, use it as it is instead of swapping it for the head office code.

If you are not sure, check with the recipient for the exact BIC in their bank details. Codes are sometimes changed or retired when banks reorganise.

AVALUAUK or AVALUAUKXXX – which one to use?

The layout of a BIC never changes: four characters for the institution, two for the country and two for the location. The result is AVALUAUK for 'raiffeisen Bank Aval' Public Joint Stock Company.

XXX at the end of AVALUAUKXXX does not stand for a placeholder or an error: it indicates the head office of 'raiffeisen Bank Aval' Public Joint Stock Company. Some forms ask for 11 characters, in which case you simply enter XXX after AVALUAUK.

As a rule the code is typed in capitals, without spaces or dashes. A wrong letter may route the money to another bank.

Where our SWIFT data comes from

The codes here are taken from public sources that we update regularly. Institutions reorganise, change names and retire codes. The number of codes on this page reflect what is in our directory.

See our directory here as a helpful check, and let the details from the recipient or 'raiffeisen Bank Aval' Public Joint Stock Company have the final say. GoldexPay has no connection to 'raiffeisen Bank Aval' Public Joint Stock Company; we are a comparison site for money transfers. Should you notice something that is out of date, we appreciate a message.

How to check AVALUAUK before you pay

The most reliable place for the right code is a document from the bank itself. Compare that code against AVALUAUK on this page and ask if anything does not match.

Errors in the BIC are costly rather than fatal – 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.

A format check in your banking app merely confirms that the IBAN exists, not that it is the right account. Some banks now compare the name against the account. Sending a small amount first is a sensible step for large sums despite the extra fee.

Receiving money from abroad at 'raiffeisen Bank Aval' Public Joint Stock Company

If you expect money from abroad, give the sender everything they need in one go. Give them the account holder’s name, your account number or IBAN, the BIC AVALUAUKXXX and your address.

You can include the bank name and Kiev too, because some payment forms have separate fields for them. A typo in your account number can be harder to fix than it looks; copy them from your banking app rather than typing.

Do not be surprised if the amount credited is below what the sender paid. Fees for incoming transfers differ per bank; check the price list of 'raiffeisen Bank Aval' Public Joint Stock Company. For business payments, it is common to agree how the fees are split to avoid a shortfall.