Dena Bank SWIFT/BIC code

SWIFT/BIC code of Dena Bank

If an invoice shows BKDNINBB or BKDNINBBXXX, it is the identical identifier for Dena Bank in India. Every bank on the SWIFT network uses these codes to direct payments between countries to the right institution. It comes up mostly when dealing with transfers between countries and payments in foreign currencies.

We wrote this page to help anyone who sends money to an account at Dena Bank. A SWIFT code identifies a bank or branch, not a specific account.

Watch out for payment fraud

Be wary when a contact suddenly wants you to send money to a different account. That BKDNINBB is a real code is no guarantee that the account is genuine – fraudsters use real bank codes as well.

Do not rely on contact details in the same message that announces the new account. Urgency and requests to keep it quiet are red flags – a real supplier can wait a day. Already paid? Contact your bank without delay and have them start a recall and report the fraud.

Scams also work the other way. Someone sends too much and asks you to return the difference via a different route. A payment confirmation from the sender is no proof – check your own account.

The Indian Rupee and what conversion costs you

India pays in the Indian Rupee, code INR. If you send another currency it has to be converted at some point: by your bank, an intermediary or Dena Bank itself. Every conversion eats into something.

Who converts the payment matters. In many cases it is cheaper to send INR straight away through a transfer service with a good rate rather than letting the receiving bank convert.

Rates for INR move all the time – some services let you fix a rate in advance. For recurring payments, a slightly better rate make a real difference over a year.

BKDNINBB or BKDNINBBXXX – which one to use?

The structure of every SWIFT code is always the same: four characters for the institution, a two-letter country code and two for the location, sometimes followed by a branch code. Combined, those parts form BKDNINBB.

The 11-character version adds a three-character extension for a branch or department. If the last three are XXX, the code points to the head office.

Enter the code in one piece, in capitals and without spaces, exactly as shown here. Pasting the code is safer than retyping it: a typo can point to another bank.

How long does an international transfer to Dena Bank take?

How quickly a transfer reaches Dena Bank is determined by a few things: which currency you send, the number of banks in between, cut-off times and differences in time zone. Weekends and public holidays in the sending or receiving country add extra days. Occasionally a bank wants to know what the payment is for before releasing it.

When a payment takes longer than expected, ask your bank about the tracking status or the UETR. Money transfer services usually provide tracking online showing how far the money is.

The bank that sent the money can request a trace; the receiving side usually has nothing to trace yet. Ask the sender for the payment receipt; that often settles the question quickly.

Incoming international payments to Dena Bank

For a transfer from abroad into your account at Dena Bank, the sender needs not just the SWIFT code. What they need is: the account holder’s name, IBAN or account number, BKDNINBBXXX or BKDNINBB and, for some countries, your home address.

Their bank may request the bank address of Dena Bank, in which case the Mumbai head office is the usual answer. A mistake in the IBAN is harder to fix than it looks, so copy the details from your online banking.

The amount you receive is often lower than the amount sent. Fees for incoming transfers differ per bank; check the price list of Dena Bank. Agree with the sender who covers the fees, especially for larger amounts.

About this information

The details on this page come from publicly available data. Banks reorganise, change names and change codes. The figures on this page reflect what is in our directory, not official figures from Dena Bank.

Treat our data as a starting point, rather than as the last word – the bank details from the recipient are leading. We are an independent comparison service for money transfers and not part of Dena Bank. Should you notice something that is out of date, we appreciate a short note.

Choosing between the 44 SWIFT codes of Dena Bank

Dena Bank uses 44 different SWIFT/BIC codes. Only one is the head office code; the rest belong to branches or departments, and sometimes internal departments.

In most cases you do not need to look up a branch: transfers sent to BKDNINBBXXX are routed within Dena Bank without problems. Just use a branch code when your contact explicitly asks for it, for example on a letter or invoice.

If you are not sure, check with the recipient for the exact BIC in their bank details. Codes for branches are more likely to be retired than the head office code when a bank merges or closes offices.

Sending money abroad from Dena Bank

What you pay for a payment abroad has several parts – not just the fee on your screen. On top of a fixed fee, correspondent or intermediary banks can deduct a fee, and when the money changes currency, the bank usually uses a rate below the real market rate.

That exchange rate margin tends to be the largest item. An easy check: set the rate you get next to the mid-market rate for the same moment and work out the difference on your amount.

Specialised transfer providers frequently use a rate near the mid-market rate with clearer fees. Before your next transfer, it is worth to compare the total cost via GoldexPay instead of going straight to your bank. You can always use your account at Dena Bank to fund the transfer; only the conversion and sending happen elsewhere.

Verifying the SWIFT code of Dena Bank

The most reliable place for the right code 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 BKDNINBB or BKDNINBBXXX, stop and ask.

Mistakes in the BIC tend to be annoying more than fatal: often the payment comes back, minus fees. An error in the IBAN or account number is a bigger problem, because the money may be credited to someone else.

An automatic check in your banking app merely tells you that the code is valid. More and more banks check the name against the account; take any warning seriously. A small test payment is worth it for large sums.