INDUSTRIAL BANK OF KOREA, NEW DELHI BRANCH, Primary Office 403 Worldmark 2 (Asset 8) Aerocity Hospital District, NEW DELHI, India


BIC Name / Bank name / Institution Name	INDUSTRIAL BANK OF KOREA, NEW DELHI BRANCH
Bank Code / Institution Code	IBKO
Country	INDIA
Country Code (ISO 3166)	IN
City	NEW DELHI
City Code	DD The City Code are Institution Specific, different BIC has allotted different City Code for same city.
Office Type	Primary Office / Head Office / Main Office
Branch Code	XXX
Swift Code / BIC Code	IBKOINDD
Swift Code / BIC Code 11 Characters	IBKOINDDXXX Note:If Swift Code is of 8 Characters then suffix XXX for branch code in the Swift Code.
Address	403 Worldmark 2 (Asset 8) Aerocity Hospital District
Zip Code / Postal Code	110037
Note: Before Transferring payment to the Bank Branch, confirm from the payment receiver, if the Bank Branch is Active
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Whether Financial Institution IBAN Compliant	No, INDUSTRIAL BANK OF KOREA, NEW DELHI BRANCH is not IBAN Compliant.
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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 INDUSTRIAL BANK OF KOREA, NEW DELHI BRANCH the first four characters from left IBKO indicates that it is INDUSTRIAL BANK OF KOREA, NEW DELHI BRANCH.
Characters 5-6 from left in the SWIFT Code / BIC Code, depicts Country code of the bank. In the case of INDUSTRIAL BANK OF KOREA, NEW DELHI BRANCH 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 INDUSTRIAL BANK OF KOREA, NEW DELHI BRANCH characters 7 and 8 from left DD indicates that bank is in NEW DELHI. It means that all the branches of INDUSTRIAL BANK OF KOREA, NEW DELHI BRANCH located in NEW DELHI will have DD 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 INDUSTRIAL BANK OF KOREA, NEW DELHI BRANCH the length of SWIFT Code is 8 Characters, means INDUSTRIAL BANK OF KOREA, NEW DELHI BRANCH Head Office of the 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.