SWIFT Code PETKRU2P — BFA BANK, ST. PETERSBURG

About SWIFT Code PETKRU2P — BFA BANK, ST. PETERSBURG

SWIFT code PETKRU2P is the official 8-character head-office BIC (Bank Identifier Code) for BFA BANK in ST. PETERSBURG, 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 BFA BANK for all outward international remittances from ST. PETERSBURG. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code PETKRU2P

The code PETKRU2P follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code PETKRU2P

Receiving International Wire Transfers

To receive money from abroad at your BFA BANK account in ST. PETERSBURG, share SWIFT code PETKRU2P 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 BFA BANK, ST. PETERSBURG must provide SWIFT code PETKRU2P. 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 BFA BANK in ST. PETERSBURG rely on SWIFT code PETKRU2P 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 BFA BANK →

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

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

How SWIFT Code PETKRU2P Routes an International Transfer

1. Initiation: The sender provides SWIFT code PETKRU2P 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 BFA BANK.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BFA BANK receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code PETKRU2P

• Spaces or lowercase letters — Always enter PETKRU2P uppercase with no spaces.
• Using the wrong city — This code is for ST. PETERSBURG 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 PETKRU2P directly with BFA BANK's ST. PETERSBURG branch or via the SWIFT BIC Directory.