SWIFT/BIC code UTIBINB1SGP
UTIBINB1SGP belongs to Axis Bank LTD(Formerly Uti Bank LTD) in Mumbai, India.
Code details
| SWIFT/BIC code | UTIBINB1SGP |
|---|---|
| 8-character code | UTIBINB1 |
| Branch code | SGP |
| Bank | Axis Bank LTD(Formerly Uti Bank LTD) |
| Branch | International Banking Division |
| City | Mumbai |
| 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.
- SGP 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 uses SWIFT/BIC code UTIBINB1SGP?
UTIBINB1SGP identifies International Banking Division, a branch or department of Axis Bank LTD(Formerly Uti Bank LTD) in Mumbai, India. Use this branch code only when the account is held at this specific branch.
What happens if I use UTIBINB1SGP incorrectly?
Your transfer can bounce, get stuck or cost extra. Double-check UTIBINB1SGP with the recipient before sending.
What is the best way to send money to Axis Bank LTD(Formerly Uti Bank LTD)?
Banks often add 1–3% to the exchange rate on top of a fee. Check the amount that arrives in Indian Rupee with transfer services before you send.
What does each part of UTIBINB1SGP mean?
UTIB is the institution code of Axis Bank LTD(Formerly Uti Bank LTD), IN stands for India, B1 is the location code and SGP identifies the branch International Banking Division.
What do I need to send money to an account at Axis Bank LTD(Formerly Uti Bank LTD)?
You need the SWIFT/BIC code UTIBINB1SGP, 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)?
An international SWIFT transfer typically takes 2–5 business days, depending on intermediary banks and cut-off times. Money transfer services are often quicker and cheaper.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.