SWIFT Code Of State Bank Of India Shradhapuri Phase Ii, Meerut, India

SWIFT Code	SBININBBXXX
Bank	State Bank Of India
Branch	Shradhapuri Phase Ii
Address	Pocket A,c 5,defence Colony,main Sadhana Road,meerut,distt.meerut.uttar Pradesh 250001
City	Meerut
Country	India
Country Code	IN

What is a SWIFT Code?

A SWIFT code is a standard format of Bank Identifier Code (BIC) used to specify a particular bank or branch. Banks use these codes when transferring money between banks, particularly for international wire transfers. Banks also use these codes for exchanging messages between them.

A SWIFT code is a unique identification code for a bank. It's used by financial institutions to ensure safe and secure money transfers. A SWIFT code has 8 or 11 characters, depending on the type of bank it references. All 11 digit codes refer to specific branches, while 8 digit codes (or those ending in 'XXX') refer to the head or primary office

Example: AAAA BB CC DDD

First 4 letters: Institution Code or bank code.
NEXT 2 letters: ISO 3166-1 alpha-2 country code.
NEXT 2 letters or digits: location code.
- If the second character is "0", then it is typically a test BIC as opposed to a BIC used on the live network.
- If the second character is "1", then it denotes a passive participant in the SWIFT network.
- If the second character is "2", then it typically indicates a reverse billing BIC, where the recipient pays for the message as opposed to the more usual mode whereby the sender pays for the message.
Last 3 letters or digits: branch code, optional ('XXX' for primary office)

Where an 8-digit code is given, it may be assumed that it refers to the primary office.

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SWIFT Code Of State Bank Of India Shradhapuri Phase Ii, Meerut, India

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What is a SWIFT Code?

Example: AAAA BB CC DDD