SWIFT Code BIJORU61 — BAIKALINVESTBANK OAO, IRKUTSK

About SWIFT Code BIJORU61 — BAIKALINVESTBANK OAO, IRKUTSK

SWIFT code BIJORU61 is the official 8-character head-office BIC (Bank Identifier Code) for BAIKALINVESTBANK OAO in IRKUTSK, 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 BAIKALINVESTBANK OAO for all outward international remittances from IRKUTSK. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code BIJORU61

The code BIJORU61 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code BIJORU61

Receiving International Wire Transfers

To receive money from abroad at your BAIKALINVESTBANK OAO account in IRKUTSK, share SWIFT code BIJORU61 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 BAIKALINVESTBANK OAO, IRKUTSK must provide SWIFT code BIJORU61. 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 BAIKALINVESTBANK OAO in IRKUTSK rely on SWIFT code BIJORU61 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 BAIKALINVESTBANK OAO →

For cheque clearing or NACH mandates, use the MICR code for BAIKALINVESTBANK OAO →

For TDS challan deposits, find the BSR code for BAIKALINVESTBANK OAO →

How SWIFT Code BIJORU61 Routes an International Transfer

1. Initiation: The sender provides SWIFT code BIJORU61 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 BAIKALINVESTBANK OAO.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BAIKALINVESTBANK OAO receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code BIJORU61

• Spaces or lowercase letters — Always enter BIJORU61 uppercase with no spaces.
• Using the wrong city — This code is for IRKUTSK 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 BIJORU61 directly with BAIKALINVESTBANK OAO's IRKUTSK branch or via the SWIFT BIC Directory.