SWIFT/BIC code IOBAINBB028
IOBAINBB028 belongs to Indian Overseas Bank in Guntur, India.
Code details
| SWIFT/BIC code | IOBAINBB028 |
|---|---|
| 8-character code | IOBAINBB |
| Branch code | 028 |
| Bank | Indian Overseas Bank |
| Branch | Guntur Branch |
| City | Guntur |
| Country | India |
The way 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.
- 028 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 SWIFT/BIC code IOBAINBB028?
The code IOBAINBB028 belongs to Guntur Branch, a unit of Indian Overseas Bank in Guntur, India. Only use it if the recipient or their bank explicitly asks for it.
What does each part of IOBAINBB028 mean?
IOBA is the bank code of Indian Overseas Bank, IN is the ISO code of India, BB is the code for the city or region and 028 is the code of the branch Guntur Branch.
How long does a transfer to Indian Overseas Bank take?
A SWIFT payment usually takes 1–5 business days, because of correspondent banks and time zones. Specialist transfer services are often faster and cheaper.
Which details do I need to send money to an account at Indian Overseas Bank?
You need the SWIFT/BIC code IOBAINBB028, 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 best way to send money to Indian Overseas Bank?
Banks often add several percent to the exchange rate on top of a fee. Check what you receive in Indian Rupee with specialist providers before you send.
Can I use IOBAINBB instead of IOBAINBB028?
IOBAINBB is the main office of Indian Overseas Bank, while IOBAINBB028 is Guntur Branch. Most international transfers work with the head office code, yet use IOBAINBB028 if the recipient asks for it.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.