SWIFT/BIC code SYSTINB1XXX
SYSTINB1XXX belongs to Systematix Shares and Stocks (I) LTD. in Mumbai, India.
Code details
| SWIFT/BIC code | SYSTINB1XXX |
|---|---|
| 8-character code | SYSTINB1 |
| Branch code | XXX |
| Bank | Systematix Shares and Stocks (I) LTD. |
| Branch | Head office |
| City | Mumbai |
| Country | India |
The way the Systematix Shares and Stocks (I) LTD. SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- SYST Bank code
- 4 letters that identify the bank.
- IN Country code
- 2 letters for the country (ISO 3166).
- B1 Location code
- 2 characters for the city or region of the head office.
- XXX 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 institution is behind SWIFT code SYSTINB1XXX?
The code SYSTINB1XXX belongs to the headquarters of Systematix Shares and Stocks (I) LTD. in Mumbai, India. Use it when a payment to Systematix Shares and Stocks (I) LTD. does not need a specific branch.
What do I need for a transfer to an account at Systematix Shares and Stocks (I) LTD.?
Have ready the SWIFT/BIC code SYSTINB1XXX, the account number or IBAN of the recipient, their full name and address. India uses international SWIFT transfers, so always include the BIC.
What do the letters in SYSTINB1XXX stand for?
SYST is the bank code of Systematix Shares and Stocks (I) LTD., IN stands for India, B1 is the location code and XXX marks the main office.
What is the best way to send money to Systematix Shares and Stocks (I) LTD.?
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 – the difference can be large.
How long does it take to send money to Systematix Shares and Stocks (I) LTD.?
An international SWIFT transfer typically takes 1–5 business days, because of correspondent banks and time zones. Specialist transfer services are often faster than a bank.
What happens if I enter SYSTINB1XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Always check SYSTINB1XXX with the recipient before you confirm.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.