SWIFT/BIC code SOININ55042
SOININ55042 belongs to The South Indian Bank LTD in Chennai (Madras), India.
Code details
| SWIFT/BIC code | SOININ55042 |
|---|---|
| 8-character code | SOININ55 |
| Branch code | 042 |
| Bank | The South Indian Bank LTD |
| Branch | Chennai Industrial Finance |
| City | Chennai (Madras) |
| Country | India |
The way the The South Indian Bank LTD SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- SOIN Bank code
- 4 letters that identify the bank.
- IN Country code
- 2 letters for the country (ISO 3166).
- 55 Location code
- 2 characters for the city or region of the head office.
- 042 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 uses BIC SOININ55042?
SOININ55042 is the SWIFT/BIC code of Chennai Industrial Finance, a unit of The South Indian Bank LTD in Chennai (Madras), India. Only use it if the account is held at this specific branch.
What is the cheapest way to send money to The South Indian Bank LTD?
Banks often add several percent to the exchange rate on top of a fee. Check the amount that arrives in Indian Rupee with transfer services before you send.
Which details do I need for a transfer to an account at The South Indian Bank LTD?
Have ready the SWIFT/BIC code SOININ55042, the IBAN or local account number of the recipientand the name of the account holder. India is not part of SEPA, so always include the BIC.
What does each part of SOININ55042 stand for?
SOIN is the institution code of The South Indian Bank LTD, IN is the ISO code of India, 55 is the code for the city or region and 042 identifies the department Chennai Industrial Finance.
How long does a transfer to The South Indian Bank LTD take in India?
An international SWIFT transfer usually takes 2–5 business days, because of intermediary banks and cut-off times. Specialist transfer services are often quicker than a bank.
What happens if I enter SOININ55042 incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check SOININ55042 against the details from The South Indian Bank LTD before you confirm.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.