SYNDICATE BANK, CHANDIGARH - SWIFT/BIC Code

SYNDICATE BANK, CHANDIGARH - SWIFT Code Information

SWIFT Code / BIC
SYNBINBB061
Bank / Institution
SYNDICATE BANK
Address
SCO 66-67 SECTOR 17B, BANK SQUARE CHANDIGARH
City
CHANDIGARH
Postcode
160017
Country
India
Connection
Active
SYNBINBB061 - SWIFT Code Breakdown
SWIFT Code
SYNBINBB or SYNBINBB061
Bank Code
SYNB - code assigned to SYNDICATE BANK
Country Code
IN - code belongs to India
Location & Status
BB - represents location, second digit means active code
Branch Code
061 or not assigned, indicating this is a head office
Head Office
SYNBINBB - primary office of SYNDICATE BANK, India

What is a SWIFT Code SYNBINBB061?

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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