State Bank of India SWIFT/BIC code

SWIFT/BIC code of State Bank of India

SBINUS44 and SBINUS44XXX are two ways of writing the same SWIFT/BIC code, and both lead to State Bank of India in Chicago,il. Banks worldwide use BIC codes to route payments between countries to the right institution. In daily life you usually see it on invoices from abroad, in payment forms and in the bank details that State Bank of India provides.

We wrote this page to help anyone who sends money to an account at State Bank of India without mistakes. Remember that the SWIFT code just identifies the bank, not the account: the account number or IBAN does that part.

Where our SWIFT data comes from

We collect SWIFT/BIC codes using publicly available data and update them regularly. Still, banks merge or retire codes and our data may lag behind. The number of codes on this page are based on what is in our directory.

Before any payment that matters, always check the code with State Bank of India or the recipient. GoldexPay is not affiliated with State Bank of India, we only compare transfer services. Should you notice something that is out of date, we appreciate a message via the contact page.

SBINUS44 or SBINUS44XXX – which one to use?

The layout of a BIC never changes: a bank code of four letters, two for the country and two for the location. Together, those parts make up SBINUS44.

XXX at the end of SBINUS44XXX is not a placeholder or an error: it stands for the head office of State Bank of India. Certain payment forms ask for 11 characters, in which case you simply enter XXX behind SBINUS44.

Enter the code in one piece, in capitals and without separators. Watch for O versus 0 or the letter I and the digit 1.

When will the money arrive at State Bank of India?

There is no single delivery time: some land within a day, others take several business days. Payments made late in the day or just before weekends and holidays often go out a business day later. Sometimes a bank wants to know what the payment is for, which can hold things up.

When a payment takes longer than expected, ask the sending bank for the status or the UETR so they can trace it along the chain. Keep the payment confirmation until the money has arrived; it contains the details a bank needs to start a trace.

Only the sending bank can request a trace or a recall – the recipient’s bank often cannot see a payment that has not arrived. As a recipient, it helps to look at your account to see a partial amount, since fees may have been deducted.

Paying into State Bank of India in USD

The national currency of United States is the US Dollar (USD). Money sent in a different currency is exchanged into USD, and whoever converts it chooses the rate. Every conversion eats into the amount, even when no fee is shown.

Which bank converts the money makes a difference: every bank has its own margin. In many cases you pay less to send USD directly through a provider with a good rate rather than letting the receiving bank convert.

The rate for USD fluctuates throughout the day and quotes are often valid only for a short time. On larger amounts, a seemingly small difference in the rate adds up quickly.

Receiving money from abroad at State Bank of India

To receive a transfer from abroad into your account at State Bank of India, the sender needs not just the BIC. Share your name as the bank knows it, the IBAN or account number, the BIC SBINUS44XXX and your address.

The sender’s bank may also ask for the bank address of State Bank of India. A mistake in the IBAN is harder to fix than you might think, so copy the details from your online banking.

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

Choosing between the 9 SWIFT codes of State Bank of India

State Bank of India has 9 separate SWIFT/BIC codes. Only one is the head office code; the rest belong to branches or departments, and sometimes specific services.

Unless the recipient tells you otherwise, go with SBINUS44XXX or its short form SBINUS44. Just use a branch code when the recipient explicitly asks for it, for example on a letter or invoice.

If you are not sure, ask the person you are paying which code their bank gave them. Branch codes can change over time.

Changed bank details? Be careful

A common scam works like this: you receive a request claiming that a contact now has a new bank account. The fact that SBINUS44 exists is no guarantee that the account is legitimate.

Before paying, verify changed bank details through a phone call, using a number you already had. Watch out for time pressure, odd spelling or a sender address that is slightly off. Acted too fast? Contact the bank you paid from straight away and ask them to try to recall the payment; also report it to the police.

Fraud can also work the other way. Someone claims to have sent too much and asks you to return the difference via a different route. Wait until the money is actually in your account and check with State Bank of India if anything seems off.

Verifying the SWIFT code of State Bank of India

The safest source for a SWIFT code is the recipient’s own bank details. Check it against SBINUS44 on this page; if they differ, ask before you pay.

An incorrect BIC may lead to delays, a returned payment or additional charges. A mistake in the IBAN or account number is a bigger problem; check it just as carefully.

A validity check by your bank merely confirms that the IBAN is valid. Where available, a name check before sending adds an extra layer of safety. For a first payment, some people start with a small amount first before sending the rest.

What a transfer from State Bank of India abroad really costs

An international bank payment can cost more than the fee suggests. On top of the transfer fee, banks in between may deduct a fee, and when currencies are converted, the bank usually applies a rate that is less favourable than the actual market rate.

Banks rarely show their exchange rate markup separately – you only notice it if you compare. Check their rate with the mid-market rate; the gap is what conversion costs you.

Money transfer services often use rates closer to the mid-market rate. GoldexPay lists transfer providers next to each other so you can see the amount the recipient gets. You can always use your account at State Bank of India to fund the transfer; only the conversion and sending happen elsewhere.