How do I make payments in Russian roubles?

If you make a payment to the Russian Federation in roubles, the following rules need to be observed when completing a transfer request.

Recipient’s account number: is always 20 digits long and begins with the number 4.

For the recipient:

• Enter their 10-12 digit INN (similar to the tax identification number used in the Czech Republic)
• If the recipient of the payment is a legal entity, the 9-digit KPP number also needs to be entered in the same field. Use a full stop (period) to separate the two pieces of information.
• Enter the recipient’s name in the next empty field or use the field labelled as ‘STREET’. Then enter RU in the Post Code or District field.

Example:
The recipient is a private individual: INN6449087840
The recipient is a legal entity: INN6449087840.KPP644901001

Clearing code: enter the 9-digit BIC bank code (comparable to the bank code used in the Czech Republic, e.g., 0800 in the case of Česká spořitelna).

Purpose of transfer or Purpose of payment:

Proceed in the following order and separate by a full stop (period):

1. Enter the 20-digit bank account number at the Russian National Bank
2. Enter the VO code, which is a Russian payment code identifying the purpose of the transfer (5 digits). This information is required by Russian banks. If a Russian bank receives a transfer request that does not contain the above information, the transfer request will not be processed and the funds will be returned to the payer’s account.
3. Indicate a clear and unambiguous reason for the payment or subject of the payment (a written description of the reason for the payment; where relevant also enter the invoice number, contract number etc.)

Example:
30101810500000000843.VO00200.JSC RUSSIAN AGRICULTURAL BANK.Invoice number 2019500.

Your business partner (the payment recipient) will give you the relevant details you need to fill in the transfer request correctly.

Recommendation: Complete the form in English.