Central Bank of India SWIFT/BIC code

What CBININBB means for a payment to Central Bank of India

CBININBB and CBININBBXXX are two ways of writing the same SWIFT/BIC code, and both point to Central Bank of India in Mumbai. Banks worldwide use BIC codes to direct payments between countries to the right bank. You will need it mostly for payments that cross a border or a currency.

On this page we explain how the code is put together, when it matters and what else you need for a transfer to or from Central Bank of India. The SWIFT code on its own cannot identify a personal account; for that you need the account number or IBAN .

8 or 11 characters: CBININBB versus CBININBBXXX

Every SWIFT/BIC code starts with the same eight core characters: four letters for the bank, two letters for the country and a two-character location code. In this case, that core is CBININBB.

XXX at the end of CBININBBXXX does not stand for a placeholder or an error: it stands for the main office of Central Bank of India. Some forms insist on 11 characters, and then you can add XXX behind CBININBB.

Type the code as one block, in capitals and without spaces, exactly as shown here. A single letter can send the money to a different institution, so check it twice.

Before you send: check the Central Bank of India code

The best place to find the correct BIC is a document from the bank itself, such as a statement or the account details in online banking. If the code you have differs from CBININBB or CBININBBXXX, do not guess.

An incorrect BIC may lead to delays, a payment being sent back or additional charges along the way. A mistake in the IBAN or account number is more serious because it can reach the wrong person, so check that just as carefully.

A format check in your banking app merely tells you that the code exists, not that it is the right account. Some banks now compare the payee name against the account; take any warning seriously. A small test payment is a sensible step for large sums despite the extra fee.

Paying into Central Bank of India in INR

India pays in the Indian Rupee, with the currency code INR. When you pay another currency it has to be converted at some point: by your bank, an intermediary or Central Bank of India itself. Each conversion costs the amount, even when no fee is shown.

Where the conversion happens has an effect on how much arrives. Sending the amount already in INR often avoids an extra conversion – as long as your own rate is good.

Rates for INR change all the time, and some providers let you lock in a rate. If you pay regularly, small differences in the rate make a real difference over time.

Central Bank of India: head office code versus branch codes

With 70 codes in 45 cities, Central Bank of India is one of the banks that register separate codes for branches and departments. The main code is CBININBBXXX.

For most incoming transfers, the head office code CBININBBXXX works fine. Branch codes are only needed when the account holder specifically asks for it.

If you are not sure, check with the recipient which code their bank gave them. Branch codes are more likely to be retired than CBININBBXXX when a bank merges or closes offices.

How up to date is this code?

We gather bank codes using publicly available data and update our list regularly. It can happen that a code here is out of date. Counts and locations come from our own dataset and are not confirmed by Central Bank of India.

Use this page as a starting point, rather than as the last word: the recipient’s bank details come first. GoldexPay is a comparison site for money transfers and not part of Central Bank of India. If you notice something that is out of date, we appreciate a short note.

International transfers from Central Bank of India: the real cost

If you transfer money to another country via Central Bank of India, the fee you see is rarely all of what you pay. You pay the transfer fee, sometimes charges from correspondent banks in between and, most importantly, the margin on the exchange rate.

Many banks rarely list their exchange rate markup separately – you only notice it if you compare. An easy check: set the rate you get next to the mid-market rate for the same moment and look at the difference.

Specialist money transfer services often use a rate near the mid-market rate. On GoldexPay we compare the amount that arrives across providers. You can always use your account at Central Bank of India as the source of the money, while a cheaper service handles the conversion.

Protect yourself against fake payment requests

Stay alert if someone suddenly asks you to pay into another account. A valid SWIFT code tells you nothing about whether the request is genuine – scammers simply use real codes.

Never rely on contact details from the same email that announces the new account. Watch out for urgent requests, odd spelling or an email address that differs by one letter. If a payment has already gone to a fraudster, contact your bank immediately: the sooner they act, the better the chance of a recall.

Recipients can be targeted as well: a classic trick is an overpayment followed by a request to send back the difference to another account. Wait until the money has really arrived – ask Central Bank of India if something looks wrong.

Receiving money from abroad at Central Bank of India

A sender in another country will ask for several details about your account – incomplete details often cause delays. Give them your name as the bank knows it, the IBAN or account number, the BIC CBININBBXXX and your address.

The sender’s bank may also ask for the address of your bank, in which case the Mumbai head office is the usual answer. A mistake in your account number can be more trouble than it looks, so copy the details from your online banking.

Money from abroad will not always arrive in full. Fees for incoming transfers vary from bank to bank; check the price list of Central Bank of India. Make clear with the sender who covers the fees, especially for larger amounts.

How long does an international transfer to Central Bank of India take?

There is no single delivery time for every transfer: many arrive the same day or the next, others take several business days. Weekends and public holidays in either country add extra days. Compliance checks by one of the banks can also cause a delay.

Many banks are connected to SWIFT gpi for faster and traceable payments. Every gpi transfer gets a unique reference, the UETR, which your bank can use to see where the money is. Money transfer services often provide a status online so you can see how far the payment is.

If a payment has not arrived within the expected time, the person who paid should start with their own bank. As a recipient, you can check your account to see a partial amount because fees can reduce the amount.