Bank of India, New York Branch SWIFT/BIC code

SWIFT/BIC code of Bank of India, New York Branch

BKIDUS33 and BKIDUS33XXX are two ways of writing the same SWIFT/BIC code, and both lead to Bank of India, New York Branch in New York,ny. A SWIFT code tells the sending bank exactly which bank should receive the money, a bit like a postal address for banks. It comes up mainly for transfers between countries or a currency.

On this page you will find how the code means, when it matters and which other details a transfer to or from Bank of India, New York Branch requires. Keep in mind that the SWIFT code only identifies the bank, not the person: the IBAN or account number does that part.

How long does an international transfer to Bank of India, New York Branch take?

How quickly a payment arrives at Bank of India, New York Branch is determined by several factors: the currency, how many intermediary banks are involved, cut-off times and differences in time zone. Bank holidays in either country add extra days to the journey. Occasionally a bank asks about the purpose of a payment, which can hold things up.

A growing number of banks are connected to SWIFT gpi for faster and traceable payments. Every gpi transfer gets a unique transaction reference, the UETR that banks can use to trace it. Keep your transfer receipt until the money has arrived – you will need it for any trace request.

The bank that sent the money can start an official trace or a recall – the recipient’s bank often cannot see a payment that has not arrived. Request from the sender the payment receipt including the reference.

Sending USD to Bank of India, New York Branch

The currency in United States is the US Dollar (USD). Money sent in a different currency is exchanged into USD on its way to Bank of India, New York Branch. There is rarely a separate line for the conversion.

Which bank converts the money makes a difference: every bank has its own margin. Sending the money directly in USD often prevents a second conversion by Bank of India, New York Branch – as long as your own rate is good.

Exchange rates change during the day. With bigger transfers, a seemingly small gap in the rate can be worth more than the fee.

Where our SWIFT data comes from

The codes here come from public sources. Still, banks merge or retire codes and our data may lag behind. The number of codes on this page reflect our own data, not official figures from Bank of India, New York Branch.

Treat the information here as a helpful check and rely on the recipient or Bank of India, New York Branch for the final confirmation. GoldexPay is independent of Bank of India, New York Branch, we only compare transfer services. Spotted outdated information? Tell us via our contact form.

Choosing between the 2 SWIFT codes of Bank of India, New York Branch

Our directory lists 2 SWIFT/BIC codes for Bank of India, New York Branch. Besides the head office code BKIDUS33XXX, you will find codes for branches, departments or specific services.

For the vast majority of payments to a private or business account, the head office code BKIDUS33XXX is what you need. Just use a branch code when the recipient gives you that exact code, for example on a letter or invoice.

The safest route is to take the code directly from the recipient’s invoice. Branch codes can change over time.

Watch out for payment fraud

Be alert if a contact suddenly wants you to send money to a different account. A correct SWIFT code tells you nothing about whether the request is genuine.

Before paying, verify a change of bank details through a phone call, using a number you already had. Watch out for time pressure, unusual wording or a sender address that is slightly off. When money was sent to a fraudster, call your bank right away.

People receiving money are targeted too: one known trick is an overpayment and then sends a request to refund the difference. Wait until the money has really arrived and check with Bank of India, New York Branch if anything seems off.

Sending money abroad from Bank of India, New York Branch

When you transfer money to another country via Bank of India, New York Branch, the fee you see is rarely all of what you pay. Besides the transfer fee, banks in between can take a cut, and when currencies are converted, the bank usually uses a rate below the actual market rate.

Many banks rarely show the margin on the rate separately. Compare the rate you are offered with the mid-market rate, the midpoint between buy and sell rates you see on financial sites.

Specialised transfer providers frequently offer a rate near the mid-market rate with clearer fees. GoldexPay lists transfer providers next to each other so you can see what actually arrives. Choosing a specialist does not require leaving Bank of India, New York Branch.

8 or 11 characters: BKIDUS33 versus BKIDUS33XXX

Each SWIFT/BIC code has an 8-character core: four letters for the bank, a two-letter country code and two characters for the location. In this case, the 8-character core is BKIDUS33.

Many payment forms accept both lengths. If a form asks for eleven characters, enter BKIDUS33XXX; if it wants eight, use BKIDUS33.

Leave out spaces when you enter BKIDUS33. A wrong letter may route a payment to another bank.

How to check BKIDUS33 before you pay

The best place to find the correct BIC is paperwork issued by the bank like a bank statement or the account page in online banking. When the code you were given differs from BKIDUS33 or BKIDUS33XXX, do not guess: check with the recipient or with Bank of India, New York Branch directly.

Mistakes in the SWIFT code are annoying rather than disastrous – usually the money comes back, minus fees and time lost. A mistake in the account number is a bigger problem.

A format check in your banking app merely tells you that the code exists – not that it belongs to the person you mean to pay. More and more banks check the name against the account before you confirm – do not ignore a mismatch warning. Sending a small amount first is worth it for large sums, even if it costs an extra fee.

Getting paid from abroad into a Bank of India, New York Branch account

For a transfer from abroad at Bank of India, New York Branch, the sender has to have not just the SWIFT code. In practice that means: your name exactly as it appears on the account, your account number or IBAN, the SWIFT/BIC code BKIDUS33XXX and sometimes your postal address.

Some sending banks also ask for the name and address of Bank of India, New York Branch. Check each detail before you share them.

Money from abroad will not always land for the full amount. Intermediary banks may deduct a fee and your own bank may charge for processing, and if the currency changes, an exchange rate margin comes on top. For business payments, it is common to agree who bears the costs.