SWIFT Code VEJSRU2U — BANK VENETS, ULYANOVSK

About SWIFT Code VEJSRU2U — BANK VENETS, ULYANOVSK

SWIFT code VEJSRU2U is the official 8-character head-office BIC (Bank Identifier Code) for BANK VENETS in ULYANOVSK, 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 BANK VENETS for all outward international remittances from ULYANOVSK. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code VEJSRU2U

The code VEJSRU2U follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code VEJSRU2U

Receiving International Wire Transfers

To receive money from abroad at your BANK VENETS account in ULYANOVSK, share SWIFT code VEJSRU2U 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 BANK VENETS, ULYANOVSK must provide SWIFT code VEJSRU2U. 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 BANK VENETS in ULYANOVSK rely on SWIFT code VEJSRU2U 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 BANK VENETS →

For cheque clearing or NACH mandates, use the MICR code for BANK VENETS →

For TDS challan deposits, find the BSR code for BANK VENETS →

How SWIFT Code VEJSRU2U Routes an International Transfer

1. Initiation: The sender provides SWIFT code VEJSRU2U 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 BANK VENETS.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BANK VENETS receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code VEJSRU2U

• Spaces or lowercase letters — Always enter VEJSRU2U uppercase with no spaces.
• Using the wrong city — This code is for ULYANOVSK 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 VEJSRU2U directly with BANK VENETS's ULYANOVSK branch or via the SWIFT BIC Directory.