Indian Bank Swift Code, Hyderabad Main Branch, Hyderabad in India
Get Swift code BIC code of Indian Bank Hyderabad Main branch in Hyderabad city, of India country along with address and contact phone numbers, scroll down
Indian Bank Hyderabad Main Branch Swift Code of Hyderabad | |
| Bank Name | Indian Bank |
| Swift/BIC Code | IDIBINBBHYD |
| Branch | Hyderabad Main |
| City | Hyderabad |
| Country | India IN |
| Branch Code | HYD |
| SWIFT code (8 characters) | IDIBINBB |
| BIC Code analysis | 8-letter swift code: IDIBINBB Branch code: HYD Institution s 4-letter code: IDIB Country code: IN Location code: BB |
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What is Indian Bank Hyderabad Main SWIFT Code.
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) (also known as ISO 9362, SWIFT-BIC, BIC code, SWIFT ID or SWIFT code) is a standard format of Business Identifier Codes approved by the International Organization for Standardization (ISO). It is a unique identification code for both financial and non-financial institutions. (When assigned to a non-financial institution, a code may also be known as a Business Entity Identifier or BEI.) These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks. The codes can sometimes be found on account statements. SWIFT and BIC codes are basically the same.
The SWIFT code is 8 or 11 characters?
Example: IDIBINBBHYD- IDIB4 letters: Institution Code or bank code.
- IN2 letters: ISO 3166-1 alpha-2 country code.
- BB2 letters or digits: location code
- If the second character is "0", then it is typically a test BIC as opposed to a BIC used on the live network.
- If the second character is "1", then it denotes a passive participant in the SWIFT network
- If the second character is "2", then it typically indicates a reverse billing BIC, where the recipient pays for the message as opposed to the more usual mode whereby the sender pays for the message.
- HYD last 3 letters or digits: branch code.
- Where an 8-digit code is given, it may be assumed that it refers to the primary office.