SWIFT/BIC code UTIBINB1047
UTIBINB1047 belongs to Axis Bank LTD(Formerly Uti Bank LTD) in Surat, India.
Code details
| SWIFT/BIC code | UTIBINB1047 |
|---|---|
| 8-character code | UTIBINB1 |
| Branch code | 047 |
| Bank | Axis Bank LTD(Formerly Uti Bank LTD) |
| Branch | Surat Branch |
| City | Surat |
| Country | India |
How the Axis Bank LTD(Formerly Uti Bank LTD) SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- UTIB 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.
- 047 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 is behind BIC UTIBINB1047?
The code UTIBINB1047 belongs to Surat Branch, a unit of Axis Bank LTD(Formerly Uti Bank LTD) in Surat, India. Only use it if the account is held at this specific branch.
How long does it take to send money to Axis Bank LTD(Formerly Uti Bank LTD)?
An international SWIFT transfer typically takes 1–5 business days, because of correspondent banks and time zones. Money transfer services are often faster and cheaper.
Which details do I need to send money to an account at Axis Bank LTD(Formerly Uti Bank LTD)?
You need the SWIFT/BIC code UTIBINB1047, the IBAN or local account number of the recipientand the name of the account holder. India uses international SWIFT transfers, so the BIC is required.
What is the best way to send money to Axis Bank LTD(Formerly Uti Bank 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.
What does each part of UTIBINB1047 mean?
UTIB is the institution code of Axis Bank LTD(Formerly Uti Bank LTD), IN is the ISO code of India, B1 is the location code and 047 identifies the branch Surat Branch.
Can I use UTIBINB1 instead of UTIBINB1047?
UTIBINB1 is the head office of Axis Bank LTD(Formerly Uti Bank LTD), while UTIBINB1047 is Surat Branch. Most international transfers work with the head office code, yet follow the instructions of the recipient if they mention UTIBINB1047.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.