Andhra Bank SWIFT/BIC code

SWIFT/BIC code of Andhra Bank

Whether you are given ANDBINBB or ANDBINBBXXX, it is the same identifier for Andhra Bank in India. A SWIFT code tells the banks handling a payment which institution is meant to get the money. In daily life you mostly see the code on invoices from abroad, in your banking app and on the account details of Andhra Bank customers.

Below we go through the practical side: receiving money at Andhra Bank, paying someone in another country and how to check a SWIFT code before you confirm a payment. Remember that the SWIFT code just identifies the bank, not the account: the IBAN or account number takes care of that.

Before you send: check the Andhra Bank code

The most reliable place for the correct BIC remains paperwork issued by the bank, such as a statement or the account details in online banking. When the code you were given does not match ANDBINBB or ANDBINBBXXX, do not guess: check with the recipient or with Andhra Bank directly.

Mistakes in the SWIFT code are costly more than disastrous. An error in the account number can be a bigger problem, so check that just as carefully.

Many banking apps check the structure of an IBAN. Where available, a name check on the recipient gives an extra layer of safety. Sending a small amount first can be worth it for a large first payment, even if it costs an extra fee.

International transfers from Andhra Bank: the real cost

An international bank payment costs more than the fee suggests. There is the transfer fee, possibly fees charged by intermediary banks along the way and, above all, the exchange rate markup.

Most of the cost usually sits in the exchange rate: many banks convert at a rate that includes a margin. Compare their rate against the mid-market rate – the rate you find on financial news sites.

For many currency pairs, a transfer service turns out to be less expensive than a traditional bank transfer – mostly thanks to the rate. Before your next transfer, take a minute to compare what arrives on GoldexPay. Choosing a specialist does not mean closing your account at Andhra Bank – you pay the provider from your own account.

Why Andhra Bank has an 8- and an 11-character code

A BIC is made up of fixed blocks: characters one to four stand for the bank, characters five and six give the country and characters seven and eight mark the location. That gives you ANDBINBB.

XXX at the end of ANDBINBBXXX is not a placeholder or a mistake: it stands for the head office of Andhra Bank. Some banking apps insist on 11 characters, in which case you can enter XXX behind ANDBINBB.

Enter the code in one piece, in capitals and without spaces. Watch for the letter O and the digit 0 or the letter I and the digit 1, a common source of typos.

A note on our data

The details on this page come from publicly available data that we update regularly. It can happen that a code here is no longer current. Counts and locations are from our own dataset and are not confirmed by Andhra Bank.

For any payment of any size, confirm the BIC with Andhra Bank or the recipient. GoldexPay is a comparison site and not affiliated with Andhra Bank. Should you notice something that is out of date, we welcome a short note.

Getting paid from abroad into a Andhra Bank account

For a transfer from abroad at Andhra Bank, the person paying you needs not just the SWIFT code. The basics are: the account holder’s name, account number or IBAN, ANDBINBBXXX and, for some countries, your home address.

Certain banks also ask for the bank’s address in Mumbai. Double-check every detail before you send them.

Money from abroad does not always land for the full amount. Correspondent banks can take a fee and your own bank may charge for processing, and when currencies differ, a markup on the rate comes on top. Agree with the sender who covers the fees before the money is sent.

Protect yourself against fake payment requests

Stay alert if a contact suddenly wants you to send money to a different account or a bank in another country. That ANDBINBB is a real code does not mean that a request mentioning it is legitimate.

Verify new bank details through a separate channel like a call to a number from an earlier contract. Urgency and secrecy are red flags – a real supplier can wait a day. If a payment was sent to a fraudster, call your bank right away: the sooner they act, the better the chance of a recall.

Scams also work the other way. Someone claims to have sent more than agreed and wants you to return the extra. Wait until the money is actually in your account and check with Andhra Bank if anything seems off.

Indian Rupee (INR) and conversion costs

Most accounts at Andhra Bank are typically held in INR, the local currency of India. Money sent in a different currency is exchanged into INR – and the bank that does it picks the rate. There is rarely a separate line for the conversion; it is built into the rate.

Where the conversion happens has an effect on how much arrives, since every bank sets its own rate. Check what INR arrives via different services; the difference between options can be larger than you expect.

Rates for INR move during the day. If you pay regularly, small differences in the rate add up over time.

Choosing between the 58 SWIFT codes of Andhra Bank

Having 58 codes in 39 cities, Andhra Bank is one of the banks that use separate codes for parts of the organisation. The main code remains ANDBINBBXXX.

Usually you do not need to look up a branch: payments addressed to ANDBINBBXXX reach Andhra Bank without problems. A branch code only makes sense if the recipient’s bank explicitly mentions it.

The safest approach is to take the code directly from the account holder’s bank details. Branch codes are more likely to be retired than ANDBINBBXXX.

Tracking a transfer to or from Andhra Bank

A SWIFT payment usually needs anywhere from one to several business days – it depends on currency, route and the banks in between. Bank holidays in the sending or receiving country add extra days. Occasionally a bank asks what the payment is for before releasing it.

If a transfer is late, contact the sending bank about the tracking status. Keep your transfer receipt.

A missing payment is traced by the sending bank on the basis of the transfer details. On the receiving end, it helps to look at your account for a slightly lower amount because fees can reduce the amount.