GoldexPay
Language: EN
English Nederlands Deutsch Français Español

SWIFT/BIC code IOBAINBB049

IOBAINBB049 belongs to Indian Overseas Bank in Madurai, India.

IOBAINBB049

Code details

SWIFT/BIC codeIOBAINBB049
8-character codeIOBAINBB
Branch code049
BankIndian Overseas Bank
BranchMadurai Main Branch
CityMadurai
CountryIndia

How the Indian Overseas Bank SWIFT/BIC is built up

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.
049 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 uses SWIFT code IOBAINBB049?

IOBAINBB049 identifies Madurai Main Branch, part of Indian Overseas Bank in Madurai, India. Use this branch code only when the account is held at this specific branch.

What do the letters in IOBAINBB049 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 049 is the code of the department Madurai Main Branch.

Does Indian Overseas Bank have more SWIFT/BIC codes?

Yes – we list 126 SWIFT/BIC codes for Indian Overseas Bank in India, for the head office and several branches or departments. You can see them all on the bank page.

Can I use IOBAINBB instead of IOBAINBB049?

IOBAINBB points to the main office of Indian Overseas Bank, while IOBAINBB049 is Madurai Main Branch. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention IOBAINBB049.

What happens if I use IOBAINBB049 incorrectly?

Your transfer can bounce, get stuck or cost extra. Double-check IOBAINBB049 against the details from Indian Overseas Bank before sending.

What is the cheapest way to send money to Indian Overseas Bank in India?

Many banks add several percent to the exchange rate on top of a fee. Check what you receive in Indian Rupee with transfer services before you send – the difference can be large.

Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.