SWIFT/BIC code IDIBINBBSLM
IDIBINBBSLM belongs to Indian Bank in Salem, India.
Code details
| SWIFT/BIC code | IDIBINBBSLM |
|---|---|
| 8-character code | IDIBINBB |
| Branch code | SLM |
| Bank | Indian Bank |
| Branch | Salem Main Branch |
| City | Salem |
| 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.
- SLM 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
Which bank is behind BIC IDIBINBBSLM?
IDIBINBBSLM identifies Salem Main Branch, a branch or department of Indian Bank in Salem, India. Only use it if the recipient or their bank explicitly asks for it.
What happens if I use IDIBINBBSLM incorrectly?
The payment may be delayed, returned or charged extra fees. Always check IDIBINBBSLM with the recipient before sending.
How long does it take to send money to Indian Bank in India?
A SWIFT payment usually takes 2–5 business days, depending on correspondent banks and time zones. Money transfer services are often quicker and cheaper.
What is the best way to send money to Indian Bank in India?
Banks often add several percent to the exchange rate on top of a fee. Check the amount that arrives in Indian Rupee with specialist providers before you send.
What do the letters in IDIBINBBSLM stand for?
IDIB is the bank code of Indian Bank, IN is the ISO code of India, BB is the code for the city or region and SLM is the code of the department Salem Main Branch.
Which details do I need for a transfer to an account at Indian Bank?
You need the SWIFT/BIC code IDIBINBBSLM, the account number or IBAN of the recipientand the name of the account holder. India uses international SWIFT transfers, so the BIC is required.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.