SWIFT/BIC code PSIBINBB011
PSIBINBB011 belongs to Punjab and Sind Bank in Ludhiana, India.
Code details
| SWIFT/BIC code | PSIBINBB011 |
|---|---|
| 8-character code | PSIBINBB |
| Branch code | 011 |
| Bank | Punjab and Sind Bank |
| Branch | Ibd Ludhiana |
| City | Ludhiana |
| Country | India |
How the Punjab and Sind Bank SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- PSIB 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.
- 011 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 code PSIBINBB011?
The code PSIBINBB011 belongs to Ibd Ludhiana, a unit of Punjab and Sind Bank in Ludhiana, India. Only use it if the recipient or their bank explicitly asks for it.
Which details do I need to send money to an account at Punjab and Sind Bank?
Have ready the SWIFT/BIC code PSIBINBB011, the account number or IBAN of the recipient, their full name and address. India is not part of SEPA, so the BIC is required.
How long does it take to send money to Punjab and Sind Bank in India?
A SWIFT payment usually takes 2–5 business days, because of intermediary banks and cut-off times. Specialist transfer services are often faster and cheaper.
What is the best way to send money to Punjab and Sind Bank?
Many banks add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Indian Rupee with transfer services before you send.
Can I use PSIBINBB instead of PSIBINBB011?
PSIBINBB points to the main office of Punjab and Sind Bank, while PSIBINBB011 points to Ibd Ludhiana. For a normal transfer the head office code is usually fine, but use PSIBINBB011 if the recipient asks for it.
What does each part of PSIBINBB011 mean?
PSIB is the institution code of Punjab and Sind Bank, IN is the ISO code of India, BB is the code for the city or region and 011 identifies the department Ibd Ludhiana.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.