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getting an international wire to an indian bank, help needed

Discussion in 'BlackHat Lounge' started by sargun, Feb 21, 2014.

  1. sargun

    sargun Junior Member

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    i am getting a wire from crakrevenue but they are asking for a swift code.

    my bank local branch in which i have opened an account doesnt have a swift code, but its main branch has a swift code, will that work when i enter my details? or will i need to create a new account in the main branch to receive my wire

    How does this swift code work?

    When i searched online i found both type of answers, so any indian please help me here.
     
  2. Duffers5000

    Duffers5000 Elite Member

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    Not sure about Indian banks but all banks in general have a standard receipt system

    Sort code: Actual Bank Locale
    Account number: Yours
    BIC/Swift: Designated international bank code
    IBAN:A code usually your BIC/Sort/Acc No combined.

    I have sent money to smaller places that didnt have a BIC code for each branch but instead had a central BIC system where they asked you to include all account details on your Reference Details.

    Speak to a business manager in your bank it should be straight forward.
     
  3. sargun

    sargun Junior Member

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    thanks for the reply

    i have my bank branch ifsc code, my branch address and my account number

    will the main branch swift code i.e CNRBINBBXXX work? , the other branches in the same city have swift code like this CNRBINBBBDZ
     
  4. jazzc

    jazzc Moderator Staff Member Moderator Jr. VIP

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    The last 3 letters are the branch code and they are optional. Nevertheless, you need to ask the branch manager for instructions. If he can't help you, you should get another bank account on a better bank anyway :)