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Corporation Bank Swift Code in Ludhiana city of India

Branch Wise List Of Corporation Bank Swift Code, BIc Code In Ludhiana City Along With Corporation Bank Ludhiana All Branches Addresses In India quickly to use for Society for Worldwide Interbank Financial Telecommunication

The SWIFT code of Corporation Bank Ludhiana City is CORPINBB480. The branch located in Ludhiana City, Of India (IN).

Corporation Bank SWIFT Code: CORPINBB480

Corporation Bank Ludhiana City Swift/BIc Code Details

Bank NameCorporation Bank
Swift CodeCORPINBB480
Branch Not Available
CountryIndia IN
CityLudhiana
Branch Code 480
SWIFT code (8 characters) CORPINBB
BIC Code analysis8-letter swift code: CORPINBB
Branch code: 480
Institution s 4-letter code: CORP
Country code: IN
Location code: BB

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) (also known as ISO 9362, SWIFT-BIC, BIC code, SWIFT ID or SWIFT code) is a standard format of Business Identifier Codes approved by the International Organization for Standardization (ISO). It is a unique identification code for both financial and non-financial institutions. (When assigned to a non-financial institution, a code may also be known as a Business Entity Identifier or BEI.) These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks. The codes can sometimes be found on account statements. SWIFT and BIC codes are basically the same.

The SWIFT code is 8 or 11 characters?

Example: CORPINBB480
  • CORP4 letters: Institution Code or bank code.
  • IN2 letters: ISO 3166-1 alpha-2 country code.
  • BB2 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.
  • 480 last 3 letters or digits: branch code.
  • Where an 8-digit code is given, it may be assumed that it refers to the primary office.