INDIAN BANK, CHENNAI (MADRAS) - SWIFT/BIC Code

INDIAN BANK, CHENNAI (MADRAS) - SWIFT Code Information

SWIFT Code / BIC
IDIBINBBASA
Bank / Institution
INDIAN BANK
Address
42 ANNA SALAI
City
CHENNAI (MADRAS)
Postcode
600 002
Country
India
Connection
Active
IDIBINBBASA - SWIFT Code Breakdown
SWIFT Code
IDIBINBB or IDIBINBBASA
Bank Code
IDIB - code assigned to INDIAN BANK
Country Code
IN - code belongs to India
Location & Status
BB - represents location, second digit means active code
Branch Code
ASA or not assigned, indicating this is a head office
Head Office
IDIBINBB - primary office of INDIAN BANK, India

What is a SWIFT Code IDIBINBBASA?

SWIFT Code is a standard format of Bank Identifier Code (BIC) used to specify a particular bank or branch. These codes are used when transferring money between banks, particularly for international wire transfers. Banks also use these codes for exchanging messages between them.

SWIFT codes comprise of 8 or 11 characters. All 11 digit codes refer to specific branches, while 8 digit codes (or those ending in 'XXX') refer to the head or primary office. SWIFT codes are formatted as follows:

AAAA BB CC DDD

  • First 4 characters - bank code (only letters)
  • Next 2 characters - ISO 3166-1 alpha-2 country code (only letters)
  • Next 2 characters - location code, passive participant will have "1" in the second character (letters and digits)
  • Last 3 characters - branch code, optional - 'XXX' for primary office (letters and digits)

The registrations of SWIFT Codes are handled by Society for Worldwide Interbank Financial Telecommunication (“SWIFT”) and their headquarters is located in La Hulpe, Belgium. SWIFT is the registered trademark of S.W.I.F.T. SCRL with a registered address at Avenue Adèle 1, B-1310 La Hulpe, Belgium.

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