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BIC SWIFT Code of South Indian Bank Palakkad (Palghat) Branch in Palakkad, Kerala
 
 
 
 
 
SOININ55063 SWIFT Code of South Indian Bank Palakkad (Palghat) Branch in Palakkad, Kerala
  SWIFT Code :  SOININ55063
  Bank :  SOUTH INDIAN BANK
  Branch :  PALAKKAD (PALGHAT)
  Address :  PB NO.3,15/11 GANDHI BAZAR ROAD PALAKKAD (PALGHAT) 678001
  City :  PALAKKAD
  State :  KERALA
  Country :  INDIA


Near other Bank/Institution Branches in Palakkad
  1   CANARA BANK (1)
  2   SOUTH INDIAN BANK (1)
  3   STATE BANK OF INDIA (SBI) (1)
  4   STATE BANK OF TRAVANCORE (SBT) (1)
  5   THE FEDERAL BANK (1)
  
What is South Indian Bank Palakkad (Palghat) SWIFT Code in Palakkad, Kerala, India ?
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) (also known as ISO 9362, SWIFT-BIC, BIC code, SWIFT ID or SWIFT code) is 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: AAAAUK5CXXX
• AAAA 4 letters: Institution Code or bank code.
• UK 2 letters: ISO 3166-1 alpha-2 country code
• 5C 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.
• XXX 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.

South Indian Bank Palakkad (Palghat) Branch SWIFT Code SOININ55063 Palakkad City, Kerala State, India Address PB NO.3,15/11 GANDHI BAZAR ROAD PALAKKAD (PALGHAT) 678001 BIC Code SOININ55063.

What is the difference between bank swift code and bic code?
SWIFT and BIC codes are basically the same. The Society for Worldwide Interbank Financial Telecommunication (SWIFT) handles the registration of these codes. For this reason, Bank Identifier Codes (BICs) are often called SWIFT addresses or codes. SWIFT codes or the bank identifier codes are provided to financial institutions by the Society for Worldwide Interbank Financial Telecommunication, which is put to use to identify financial as well as non-financial institutions.
IFSC: Indian Financial System Code
BSR: Basic Statistical Return
BIC: Bank Identifier Code
MICR: Magnetic ink character recognition
NEFT: National Electronic Funds Transfer
RTGS: Real Time Gross Settlement
CIN: Challan Identification Number
SWIFT: Society for Worldwide Interbank Financial Telecommunication

SOININ55063 is swift code of South Indian Bank Palakkad (Palghat) Branch Address PB NO.3,15/11 GANDHI BAZAR ROAD PALAKKAD (PALGHAT) 678001 Kerala State, India BIC Code SOININ55063.

Domestic Bank Codes
Some countries also implement domestic bank code or clearing system to transfer money within their country . Examples are, Routing Number in United States (USA), Routing Number or Transit Number in Canada, Sort Codes in United Kingdom (UK),Bankenclearing-Nummer (BC) & SIX Interbank Clearing Codes (SIC) in Switzerland, Indian Financial System Code (IFSC) in India, Code Banque & Code Guichet In France, Codice ABI (ABI) & Codice di Avviamento Bancario (CAB Code) in Italy,National Sort Codes (NSC) in Ireland, Bankleitzahl (BLZ Codes) in Germany, Registreringsnummer (Reg. nr.) in Denmark, Bank State Branch (BSB number) in Australia and Bank State Branch (BSB number) in New Zealand.

Use of SOININ55063 SWIFT Code of South Indian Bank Branches in Palakkad, Kerala, India
SOININ55063 SWIFT Code of South Indian Bank Branch can be used in transferring money overseas, international wire transfers, and also for the exchange of other messages between banks. SOININ55063 Swift codes of South Indian Bank Palakkad, Kerala, India are provided by International Organization for Standardization (ISO). Swift Code identifies South Indian Bank branches which participate in overseas fund transfers. Swift code SOININ55063 South Indian Bank is a unique code for each branch. South Indian Bank Palakkad (Palghat) Branch SWIFT Code SOININ55063. South Indian Bank Palakkad (Palghat) Branch BIC Code SOININ55063