SWIFT/BIC code UTIBINB1240
UTIBINB1240 belongs to Axis Bank LTD(Formerly Uti Bank LTD) in Panipat, India.
Code details
| SWIFT/BIC code | UTIBINB1240 |
|---|---|
| 8-character code | UTIBINB1 |
| Branch code | 240 |
| Bank | Axis Bank LTD(Formerly Uti Bank LTD) |
| Branch | — |
| City | Panipat |
| Country | India |
The way the Axis Bank LTD(Formerly Uti Bank LTD) SWIFT/BIC is structured
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.
- 240 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 UTIBINB1240?
UTIBINB1240 is the SWIFT/BIC code of Axis Bank LTD(Formerly Uti Bank LTD), a unit of Axis Bank LTD(Formerly Uti Bank LTD) in Panipat, India. Only use it if the account is held at this specific branch.
What is the cheapest way to send money to Axis Bank LTD(Formerly Uti Bank LTD) in India?
Banks often 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.
What do the letters in UTIBINB1240 mean?
UTIB is the bank code of Axis Bank LTD(Formerly Uti Bank LTD), IN is the ISO code of India, B1 is the location code and 240 is the code of the branch Axis Bank LTD(Formerly Uti Bank LTD).
What do I need for a transfer to an account at Axis Bank LTD(Formerly Uti Bank LTD)?
You need the SWIFT/BIC code UTIBINB1240, 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 Axis Bank LTD(Formerly Uti Bank LTD) in India?
A SWIFT payment usually takes 1–5 business days, depending on intermediary banks and cut-off times. Specialist transfer services are often faster than a bank.
Has Axis Bank LTD(Formerly Uti Bank LTD) got more SWIFT/BIC codes?
Yes, our database contains 77 SWIFT/BIC codes for Axis Bank LTD(Formerly Uti Bank LTD) in India, for the head office and several branches or departments. All of them are listed on the page of Axis Bank LTD(Formerly Uti Bank LTD).
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.