PUNJAB AND SIND BANK, NEW DELHI - SWIFT/BIC Code

PUNJAB AND SIND BANK, NEW DELHI - SWIFT Code Information

SWIFT Code / BIC

PSIBINBB007

Bank / Institution

PUNJAB AND SIND BANK

Address

City

NEW DELHI

Postcode

Country

India

Connection

Active

PSIBINBB007 - SWIFT Code Breakdown

SWIFT Code

PSIBINBB or PSIBINBB007

Bank Code

PSIB - code assigned to PUNJAB AND SIND BANK

Country Code

IN - code belongs to India

Location & Status

BB - represents location, second digit means active code

Branch Code

007 or not assigned, indicating this is a head office

Head Office

PSIBINBB - primary office of PUNJAB AND SIND BANK, India

What is a SWIFT Code PSIBINBB007?

A 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.