SWIFT Code JUGRRUM1MGN — PJSC BANK JUGRA, MEGION

About SWIFT Code JUGRRUM1MGN — PJSC BANK JUGRA, MEGION

SWIFT code JUGRRUM1MGN is the official 11-character branch-specific BIC (Bank Identifier Code) for PJSC BANK JUGRA in MEGION, 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 PJSC BANK JUGRA for all outward international remittances from MEGION. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code JUGRRUM1MGN

The code JUGRRUM1MGN follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code JUGRRUM1MGN

Receiving International Wire Transfers

To receive money from abroad at your PJSC BANK JUGRA account in MEGION, share SWIFT code JUGRRUM1MGN 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 PJSC BANK JUGRA, MEGION must provide SWIFT code JUGRRUM1MGN. 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 PJSC BANK JUGRA in MEGION rely on SWIFT code JUGRRUM1MGN 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 PJSC BANK JUGRA →

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

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

How SWIFT Code JUGRRUM1MGN Routes an International Transfer

1. Initiation: The sender provides SWIFT code JUGRRUM1MGN 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 PJSC BANK JUGRA.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: PJSC BANK JUGRA receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code JUGRRUM1MGN

• Spaces or lowercase letters — Always enter JUGRRUM1MGN uppercase with no spaces.
• Using the wrong city — This code is for MEGION 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 JUGRRUM1MGN directly with PJSC BANK JUGRA's MEGION branch or via the SWIFT BIC Directory.