SABRATWW

Sberbank Europe AG, BIC/SWIFT Code Details

Payment Instructions

General instructions for international payments to banks in AUSTRIA:

When sending payments to Austria, it is crucial to obtain all necessary bank information from the Beneficiary, including SWIFT BIC, IBAN, and the beneficiary bank address. Ensure compliance with SEPA standards, which require both IBAN and SWIFT BIC for euro transactions. For the Ordering Customer (SWIFT MT103 F50), include the account number, full name (no initials), and address. For the Beneficiary Customer (SWIFT MT103 F59), include the account number (IBAN), full name (no initials), and address. Use of initials can delay funds' receipt. The SWIFT BIC should also be included for the Beneficiary Bank (SWIFT MT103 F57) along with a required branch identifier where necessary. The SWIFT BIC is composed of 8 or 11 alphanumeric characters: xxxxATxx or xxxxATxxxxx. Note that there are no specific bank clearing codes for cross-border payments in Austria apart from the SWIFT BIC.

IBAN: In Austria, the IBAN consists of 20 characters. The structure is as follows: AT2!n5!n11!n. An example in electronic format is AT981234567891234567, and in print format: AT98 1234 5678 9123 4567.

Correspondent Banks

Standard Settlement Instructions (SSI) contain the list of correspondent banks of Sberbank Europe AG for each currency.

Payment Tracking

To track a SWIFT cross-border payment to or from Sberbank Europe AG, you need a UETR code, reference number, amount, payment date, and currency. This information is typically found in an MT103 form.

Disclaimers

We are doing our best to demystify cross-border payments, however TrackMySwift is not responsible for any delays or losses related to usage of the information and services from our web site. Please contact your banks to receive a safe advise. Country-specific payment instructions have been prepared based on Global Wires Payments Formatting Requirements Guide from J.P.Morgan.