SWIFT Code AKBVRU21 — AKB VOLGO-DON BANK, VOLGOGRAD

About SWIFT Code AKBVRU21 — AKB VOLGO-DON BANK, VOLGOGRAD

SWIFT code AKBVRU21 is the official 8-character head-office BIC (Bank Identifier Code) for AKB VOLGO-DON BANK in VOLGOGRAD, Russia. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by AKB VOLGO-DON BANK for all outward international remittances from VOLGOGRAD. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code AKBVRU21

The code AKBVRU21 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code AKBVRU21

Receiving International Wire Transfers

To receive money from abroad at your AKB VOLGO-DON BANK account in VOLGOGRAD, share SWIFT code AKBVRU21 with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at AKB VOLGO-DON BANK, VOLGOGRAD must provide SWIFT code AKBVRU21. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using AKB VOLGO-DON BANK in VOLGOGRAD rely on SWIFT code AKBVRU21 for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for AKB VOLGO-DON BANK →

For cheque clearing or NACH mandates, use the MICR code for AKB VOLGO-DON BANK →

For TDS challan deposits, find the BSR code for AKB VOLGO-DON BANK →

How SWIFT Code AKBVRU21 Routes an International Transfer

1. Initiation: The sender provides SWIFT code AKBVRU21 and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to AKB VOLGO-DON BANK.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: AKB VOLGO-DON BANK receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code AKBVRU21

• Spaces or lowercase letters — Always enter AKBVRU21 uppercase with no spaces.
• Using the wrong city — This code is for VOLGOGRAD only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within Russia.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm AKBVRU21 directly with AKB VOLGO-DON BANK's VOLGOGRAD branch or via the SWIFT BIC Directory.