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Swift Code : PSIBINBB022

PUNJAB AND SIND BANK

INDIA

View details of swift code PSIBINBB022 of PUNJAB AND SIND BANK in INDIA.
Swift CodePSIBINBB022
BankPUNJAB AND SIND BANK
Branch NameCHANDNI CHOWK BRANCH
AddressFOUNTAIN
CityNEW DELHI
CountryINDIA
Zip Code110006
Institution CodePSIB
Country CodeIN

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What is Swift Code?
SWIFT code (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.
The SWIFT code is 8 or 11 characters, made up of:
  • 4 letters: Institution Code or bank code.
  • 2 letters: ISO 3166-1 alpha-2 country code
  • 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.
  • 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.