State Bank of India (SBI) SWIFT code in India
The SWIFT/BIC code for STATE BANK OF INDIA is SBININBBXXX. However, State Bank of India (SBI) uses different SWIFT/BIC codes for the different types of banking services it offers. If you’re not sure which code you should use, check with your recipient or with the bank directly.Save on international money transfers
What’s the SWIFT code for State Bank of India (SBI)?
STATE BANK OF INDIA
|Bank name||STATE BANK OF INDIA|
|Bank address||THE ARCADE, WORLD TRADE CENTRE, CUFFE PARADE, COLABA|
Why do I need State Bank of India (SBI) SWIFT code?
If you're making an international transfer to a State Bank of India (SBI) bank account, or if someone is transferring you cash to your State Bank of India (SBI) bank account in India, you'll be asked for a BIC/SWIFT code along with details like the bank address. However, using traditional banks to send money abroad can be slow and expensive. Try Wise for fast, cheap and secure international money transfers.
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Banks and other transfer services have a dirty little secret. They add hidden markups to their exchange rates - charging you more without your knowledge. And if they have a fee, they charge you twice.
Wise never hides fees in the exchange rate. We give you the real rate, independently provided by Reuters. Compare our rate and fee with Western Union, ICICI Bank, WorldRemit and more, and see the difference for yourself.
|Sending 1,000.00 GBP with||Recipient gets(Total after fees)||Transfer fee||Exchange rate(1 GBP → INR)|
|Cheapest||95,523.73 INRSave up to 2,531.01 INR||5.36 GBP||96.0385|
|95,476.00 INR-47.73 INR||1.00 GBP||95.5716|
|95,178.10 INR-345.63 INR||0.00 GBP||95.1781|
|94,251.85 INR-1,271.88 INR||1.49 GBP||94.3925|
|93,930.75 INR-1,592.98 INR||0.00 GBP||93.9307|
Always confirm the details with your recipient
When sending or receiving money, always check the SWIFT code with your recipient or bank.
If you think you've used the wrong SWIFT code to send money, you should get in contact with your bank right away. They may be able to cancel the transaction. If it's too late to cancel, you might have to contact the recipient yourself and request that they return your money.
Do State Bank of India (SBI) SWIFT codes change from branch to branch?
Each State Bank of India (SBI) branch has a unique SWIFT code. You can check the correct SWIFT codes for your State Bank of India (SBI) branch here. However, if you’re not sure, or can’t find the branch code, you can use the 8 character head office SWIFT code, and your payment will still make its way to your account.
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Your questions, answered
When sending money internationally, you’ll need a SWIFT/BIC code. Without it, your bank can't identify the exact bank the money should go to. If you have the bank name and address, but not the SWIFT code, just use our SWIFT/BIC finder to get the right code to use. Find your bank’s SWIFT code here.