SWIFT/BIC code IOBAINBB024
IOBAINBB024 belongs to Indian Overseas Bank in Ernakulam, India.
Code details
| SWIFT/BIC code | IOBAINBB024 |
|---|---|
| 8-character code | IOBAINBB |
| Branch code | 024 |
| Bank | Indian Overseas Bank |
| Branch | Ernakulam Branch |
| City | Ernakulam |
| Country | India |
How the Indian Overseas Bank SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- IOBA 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.
- 024 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 branch is behind SWIFT/BIC code IOBAINBB024?
IOBAINBB024 identifies Ernakulam Branch, a branch or department of Indian Overseas Bank in Ernakulam, India. Only use it if the account is held at this specific branch.
What is the best way to send money to Indian Overseas Bank?
Many banks add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Indian Rupee with transfer services before you send – the difference can be large.
What happens if I use IOBAINBB024 incorrectly?
Your transfer can bounce, get stuck or cost extra. Double-check IOBAINBB024 with the recipient before sending.
Which details do I need for a transfer to an account at Indian Overseas Bank?
Have ready the SWIFT/BIC code IOBAINBB024, the IBAN or local account number of the recipient, their full name and address. India is not part of SEPA, so always include the BIC.
How long does it take to send money to Indian Overseas Bank?
A SWIFT payment typically takes 1–5 business days, because of intermediary banks and cut-off times. Money transfer services are often quicker than a bank.
What do the letters in IOBAINBB024 stand for?
IOBA is the institution code of Indian Overseas Bank, IN is the ISO code of India, BB is the code for the city or region and 024 is the code of the department Ernakulam Branch.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.