IOBAINBB599 — INDIAN OVERSEAS BANK
IOBAINBB599 is the SWIFT/BIC code for INDIAN OVERSEAS BANK in HOSUR, India — an 11-character branch code under ISO 9362.
IOBAINBB599 is the SWIFT/BIC code for INDIAN OVERSEAS BANK in HOSUR, India. It is an 11-character branch identifier under the ISO 9362 standard.
BIC breakdown (ISO 9362)
Head-office code: IOBAINBB
| Field | Value |
|---|---|
| Institution | INDIAN OVERSEAS BANK |
| Country | India (IN) |
| Location Code | BB |
| Branch | HOSUR INDUSTRIAL COMPLEX |
| Type | 11-character branch code (BIC11) |
⚠️ Critical Money Transfer Warning (YMYL)
Verify the BIC with your beneficiary bank: Database records are informational only. swiftbic.org is not affiliated with SWIFT. Always verify the SWIFT/BIC code and name of the beneficiary with the receiving bank or official registration records before initiating any international wire transfer.
Common Mistakes: Do not confuse the SWIFT/BIC code (identifies the bank branch) with the IBAN (identifies the specific bank account). Using an incorrect branch suffix or a deactivated code can result in payments being returned, delayed, or subject to significant administrative return fees.
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Related codes for this bank
Frequently asked questions
What bank does the SWIFT code IOBAINBB599 belong to?
The SWIFT code IOBAINBB599 identifies INDIAN OVERSEAS BANK in HOSUR, India. This branch code is used for cross-border payments and SWIFT network routing.
What do the parts of the SWIFT code IOBAINBB599 mean?
The 8 or 11 characters of IOBAINBB599 are parsed as follows: characters 1-4 (IOBA) represent the bank code for INDIAN OVERSEAS BANK; characters 5-6 (IN) indicate the country code for India; characters 7-8 (BB) specify the location code; and the final characters (599) designate the specific branch.
Is the BIC code IOBAINBB599 active on the SWIFT network?
Yes, the Business Identifier Code (BIC) IOBAINBB599 is registered under ISO 9362 and is active for routing interbank messages. Location characters 'BB' designate it as a primary active participant.
Can I use the head office code IOBAINBB instead of IOBAINBB599?
Yes. The 8-character code IOBAINBB represents the primary headquarters of INDIAN OVERSEAS BANK. The 11-character code IOBAINBB599 targets the specific branch directly. If the branch code is unknown, sending payments to IOBAINBB (or IOBAINBBXXX) will route them to the main head office.
What is the physical address of the bank registered to IOBAINBB599?
The physical address registered for IOBAINBB599 is: SIPCOT INDL COMPLEX, KRISHNAGIRI, 635126, HOSUR, India. Verify this address matches your recipient's branch details before initiating a transaction.
What routing networks operate with the IOBAINBB599 code in India?
The SWIFT code IOBAINBB599 is used for international inbound wire transfers in India. Domestic wires route via IFSC codes; SWIFT is only for international inbound transactions.
Sources & References
- 🌐 ISO 9362: The official standard defining the Business Identifier Code (BIC) format guidelines.
- 🏢 SWIFT Registration Authority: The organization designated by ISO to register and publish BICs (swift.com).