SOUTH INDIAN BANK LTD. THE, ERODE 363, NETAJI ROAD, ERODE, India
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| BIC Name / Bank name / Institution Name | SOUTH INDIAN BANK LTD. THE |
| Bank Code / Institution Code | SOIN |
| Country | INDIA |
| Country Code (ISO 3166) | IN |
| City | ERODE |
| City Code | 55 The City Code are Institution Specific, different BIC has allotted different City Code for same city. |
| Office Type | ERODE |
| Branch Code | 023 |
| Swift Code / BIC Code |
SOININ55023
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| Address | 363, NETAJI ROAD |
| Zip Code / Postal Code | 638001 |
| Note: Before Transferring payment to the Bank Branch, confirm from the payment receiver, if the Bank Branch is Active | |
| View Location on Google Map | |
| Whether Financial Institution IBAN Compliant | No, SOUTH INDIAN BANK LTD. THE is not IBAN Compliant. |
| Save on International Payment Transfers | |
What is a SWIFT Code / BIC code?
Business Identifier Codes (BIC) has been developed by Society for Worldwide Interbank Financial Telecommunication (SWIFT) to identify banks and financial institutions globally. That is why BIC Codes are also known as SWIFT Codes.SWIFT Codes / BIC Codes are used for transferring money between banks of different countries or SEPA payments. Banks also use these codes for exchanging financial messages.
SWIFT Code / BIC Code is formed of 8 or 11 characters in following system:
- First four characters in the SWIFT Code / BIC Code from left depicts bank code. In the case of SOUTH INDIAN BANK LTD. THE the first four characters from left SOIN indicates that it is SOUTH INDIAN BANK LTD. THE.
- Characters 5-6 from left in the SWIFT Code / BIC Code, depicts Country code of the bank. In the case of SOUTH INDIAN BANK LTD. THE characters 5 and 6 from left IN indicates that bank is in INDIA. It means that all the banks located in INDIA will have IN at 5th and 6th place from left in their Swift Codes / BIC Codes.
- Characters 7-8 from left in the SWIFT Code / BIC Code, depicts City Code of the Bank. In the case of SOUTH INDIAN BANK LTD. THE characters 7 and 8 from left 55 indicates that bank is in ERODE. It means that all the branches of SOUTH INDIAN BANK LTD. THE located in ERODE will have 55 at 7th and 8th place from left in their Swift Codes / BIC Codes.
- Characters 9-11 from left in the SWIFT Code / BIC Code, depicts Branch Code of the Bank.In the case of SOUTH INDIAN BANK LTD. THE characters 9 - 11 from left 023 indicates branch code. It means that SOUTH INDIAN BANK LTD. THE Branch code: 023 is used for branches located at :363, NETAJI ROAD. If XXX are in 9-11 place then it means that it is the Head Office of Bank / Financial institution.
- Many Banks has taken only one SWIFT Code per country or have one SWIFT Code per city, for processing International Payments of all the Branches of the country / city through SWIFT enabled branch. So, if your Bank Branch is not depicting in the list, contact your Bank Branch for the SWIFT Code transactions.