SWIFT/BIC code IDIBINBBMGT
IDIBINBBMGT belongs to Indian Bank in Chennai (Madras), India.
Code details
| SWIFT/BIC code | IDIBINBBMGT |
|---|---|
| 8-character code | IDIBINBB |
| Branch code | MGT |
| Bank | Indian Bank |
| Branch | Chennai George Town Branch |
| City | Chennai (Madras) |
| Country | India |
How the Indian Bank SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- IDIB Bank code
- 4 letters that identify the bank.
- IN Country code
- 2 letters for the country (ISO 3166).
- BB Location code
- 2 characters for the city or region of the head office.
- MGT Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
What bank uses BIC IDIBINBBMGT?
IDIBINBBMGT identifies Chennai George Town Branch, part of Indian Bank in Chennai (Madras), India. Only use it if the account is held at this specific branch.
What happens if I use IDIBINBBMGT incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check IDIBINBBMGT with the recipient before sending.
How long does a transfer to Indian Bank take?
An international SWIFT transfer typically takes 1–5 business days, depending on intermediary banks and cut-off times. Specialist transfer services are often quicker and cheaper.
Which details do I need for a transfer to an account at Indian Bank?
You need the SWIFT/BIC code IDIBINBBMGT, the IBAN or local account number of the recipient, their full name and address. India uses international SWIFT transfers, so the BIC is required.
What is the cheapest way to send money to Indian Bank?
Banks often add 1–3% to the exchange rate on top of a fee. Compare what you receive in Indian Rupee with specialist providers before you send – the difference can be large.
Can I use IDIBINBB instead of IDIBINBBMGT?
IDIBINBB is the main office of Indian Bank, while IDIBINBBMGT points to Chennai George Town Branch. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention IDIBINBBMGT.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.