SWIFT Code YOSHRU21 — YOSHKAR-OLA BANK, YOSHKAR-OLA

About SWIFT Code YOSHRU21 — YOSHKAR-OLA BANK, YOSHKAR-OLA

SWIFT code YOSHRU21 is the official 8-character head-office BIC (Bank Identifier Code) for YOSHKAR-OLA BANK in YOSHKAR-OLA, 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 YOSHKAR-OLA BANK for all outward international remittances from YOSHKAR-OLA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code YOSHRU21

The code YOSHRU21 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code YOSHRU21

Receiving International Wire Transfers

To receive money from abroad at your YOSHKAR-OLA BANK account in YOSHKAR-OLA, share SWIFT code YOSHRU21 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 YOSHKAR-OLA BANK, YOSHKAR-OLA must provide SWIFT code YOSHRU21. 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 YOSHKAR-OLA BANK in YOSHKAR-OLA rely on SWIFT code YOSHRU21 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 YOSHKAR-OLA BANK →

For cheque clearing or NACH mandates, use the MICR code for YOSHKAR-OLA BANK →

For TDS challan deposits, find the BSR code for YOSHKAR-OLA BANK →

How SWIFT Code YOSHRU21 Routes an International Transfer

1. Initiation: The sender provides SWIFT code YOSHRU21 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 YOSHKAR-OLA BANK.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: YOSHKAR-OLA BANK receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code YOSHRU21

• Spaces or lowercase letters — Always enter YOSHRU21 uppercase with no spaces.
• Using the wrong city — This code is for YOSHKAR-OLA 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 YOSHRU21 directly with YOSHKAR-OLA BANK's YOSHKAR-OLA branch or via the SWIFT BIC Directory.