The Royal Bank of Scotland PLC, India Branch (Formerly Known AS Rbs NV) SWIFT/BIC code

SWIFT/BIC code of The Royal Bank of Scotland PLC, India Branch (Formerly Known AS Rbs NV)

The 8-character code ABNAINBB and the full code ABNAINBBXXX refer to the same bank: The Royal Bank of Scotland PLC, India Branch (Formerly Known AS Rbs NV) in Mumbai, India. A BIC does one job: it makes sure that money from abroad ends up at the right bank. It comes up mostly when dealing with payments that cross a border and payments in foreign currencies.

Further down you will find the practical side: money coming in from abroad, paying someone in another country and how to check a SWIFT code before you hit send. The SWIFT code alone cannot identify a personal account; that is what the IBAN or account number is for.

Choosing between the 2 SWIFT codes of The Royal Bank of Scotland PLC, India Branch (Formerly Known AS Rbs NV)

Having 2 codes, The Royal Bank of Scotland PLC, India Branch (Formerly Known AS Rbs NV) is one of the banks that use individual codes for branches. The head office code is ABNAINBBXXX.

For most incoming transfers, the head office code ABNAINBBXXX is the right choice. If you have been given a specific code, stick to it rather than replacing it for the head office code.

The safest route is to copy the code directly from the account holder’s statement. Codes are sometimes changed or retired over time, so do not rely on old paperwork.

How long does an international transfer to The Royal Bank of Scotland PLC, India Branch (Formerly Known AS Rbs NV) take?

How fast a transfer arrives at The Royal Bank of Scotland PLC, India Branch (Formerly Known AS Rbs NV) depends on several factors: the currency, how many intermediary banks are involved, daily processing deadlines and differences in time zone. Bank holidays in the sending or receiving country add extra days to the journey. Extra checks on larger or unusual payments can also cause a delay.

Many banks use 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 tracking online so you can see where the payment has got.

A delayed transfer has to be investigated by the sending bank, using the payment confirmation. Request from the sender the payment receipt – it helps your own bank look for the money.

Scams that use SWIFT codes

Be alert if a contact unexpectedly wants you to send money to another account abroad. That ABNAINBB is a real code is no guarantee that a request mentioning it is legitimate – fraudsters use real bank codes as well.

Do not rely on contact details from the same email that contains the new account. Urgency and requests to keep it quiet tend to be warning signs; a genuine business can wait for you to check. When a payment has already gone to a fraudster, contact your bank immediately.

Fraud can also work the other way: someone sends too much and wants you to return the difference via a different route. Do not act before the money has really arrived.

Indian Rupee (INR) and conversion costs

Most accounts at The Royal Bank of Scotland PLC, India Branch (Formerly Known AS Rbs NV) are usually held in INR, the local currency of India. If you send another currency gets converted at some point – by your bank, by The Royal Bank of Scotland PLC, India Branch (Formerly Known AS Rbs NV) or by a bank in between. Every conversion costs the amount, even when no fee is shown.

Where the conversion happens affects the final amount, as rates and margins differ per bank. Transferring the money directly in INR usually prevents an extra conversion at the receiving end – as long as your own rate is good.

The INR rate fluctuates constantly and quotes are often valid only for a short time. If you pay regularly, a slightly better rate add up over time.

How to check ABNAINBB before you pay

The most reliable place for the right code is paperwork issued by the bank like a bank statement or the account page in online banking. Check that code with ABNAINBB here; if they differ, ask before you pay.

If the code is wrong, the payment may be delayed, be returned or end up costing more. Remember the IBAN: an error there can be harder to correct than a wrong code.

Most online banking apps validate the format of an IBAN and some suggest the matching BIC – that confirms the format, not the owner. More and more banks compare the name with the account before you confirm; take any warning seriously. Sending a small amount first is a sensible step for large sums despite the extra fee.

What the XXX in ABNAINBBXXX means

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, plus an optional branch code. In this case, that core is ABNAINBB.

XXX at the end of ABNAINBBXXX does not stand for a placeholder or a mistake: it indicates the main office of The Royal Bank of Scotland PLC, India Branch (Formerly Known AS Rbs NV). Some banking apps insist on 11 characters, and then you simply enter XXX behind ABNAINBB.

Type the code in one piece, in upper case and without separators. Copying the code beats retyping it.

How up to date is this code?

Our SWIFT/BIC directory is compiled from publicly available sources. Banks merge, change names and change codes, and a directory never catches every change immediately. Counts and locations are from our own dataset.

See the information on this page as a handy check and rely on the recipient or The Royal Bank of Scotland PLC, India Branch (Formerly Known AS Rbs NV) for the final confirmation. We are an independent comparison service for money transfers and not affiliated with The Royal Bank of Scotland PLC, India Branch (Formerly Known AS Rbs NV). Found outdated information? Let us know via our contact form so we can correct it.

Incoming international payments to The Royal Bank of Scotland PLC, India Branch (Formerly Known AS Rbs NV)

For an international payment at The Royal Bank of Scotland PLC, India Branch (Formerly Known AS Rbs NV), the person paying you needs more than the SWIFT code. That means: your full name as registered with The Royal Bank of Scotland PLC, India Branch (Formerly Known AS Rbs NV), your IBAN or account number, the BIC ABNAINBBXXX (or ABNAINBB) and, often, your postal address.

You can add The Royal Bank of Scotland PLC, India Branch (Formerly Known AS Rbs NV) and Mumbai too. A mistake in your account number can be harder to fix than it looks; copy them from your banking app rather than typing.

Money from abroad does not always arrive in full. Charges on incoming payments vary from bank to bank; check the price list of The Royal Bank of Scotland PLC, India Branch (Formerly Known AS Rbs NV). Make clear with the sender who covers the fees before the money is sent.

Sending money abroad from The Royal Bank of Scotland PLC, India Branch (Formerly Known AS Rbs NV)

An international bank payment can cost more than the fee suggests. On top of the transfer fee, correspondent or intermediary banks may take a cut, and if the money changes currency the bank often applies a rate below the real market rate.

Many banks rarely show their exchange rate markup as a cost, but you pay it all the same. Check the rate you are offered with the mid-market rate. The difference is your real conversion cost.

For a lot of routes, a transfer service is cheaper than a traditional bank transfer. GoldexPay compares these services next to each other, showing what actually arrives. You can still keep your account at The Royal Bank of Scotland PLC, India Branch (Formerly Known AS Rbs NV) as the source of the money, while a cheaper service handles the conversion.