What is STATE BANK OF INDIA (SBI) 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,
SWIFT Code State Bank of India (SBI) in INDIA
SWIFT Code State Bank of India (SBI) used to Transfer fund to Internationl banks. SWIFTCode State Bank of India (SBI) INDIA are provide the broadest coverage of national bank identifiers. SWIFT Code is identifying State Bank of India (SBI) branches in INDIA. SWIFT Code of State Bank of India (SBI) is unique for each branch in INDIA.
No branch have SWIFT Codes for SBI NRI Services in Tumkur, you have to enter near by branches swift codes for your foreign transactions
Now, regarding the SWIFT-BIC , First of all Please find out (ALL INDIA SBI SWIFT Codes for NRI Services) whether your Bank Branch has SWIFT Code or not , if its present simply enter the Obtained Swift Code , else
Simply fill in the Nearest Bigger Branch Swift Code of the Same Parent Bank as that of yours, if the SWIFT-Code of your Branch is not available .. e.g if your Account is in SBI , then look for the Swift Code of nearest SBI branch only ..
Else if you still cannot find the Swift code of your nearest branch , you can use any of these default SWIFT-BIC codes as per your branch. You can use default code for account in any branch,
default State Bank of India SWIFT-BIC is – SBININBBFXD
Some other major Banks default SWIFT codes for your help
- Allahabad Bank- ALLAINBBTDM
- Andhra Bank- ANDBINBB
- Axis- AXISINBB002
- Bank of Baroda- BARBINBBXXX
- Bank of India- BKIDINBBNRI
- Bank of Maharashtra- MAHBINBB
- HSBC- HSBCINBB
- ICICI- ICICINBBCTS
- Oriental Bank of Commerce- ORBCINBBIBD
- Punjab National Bank- PUNBINBBISB
- United Bank of India- UTBIINBBXXX