SWIFT Code XBANIN51 — BANGALORE STOCK EXCHANGE LIMITED, BANGALORE

About SWIFT Code XBANIN51 — BANGALORE STOCK EXCHANGE LIMITED, BANGALORE

SWIFT code XBANIN51 is the official 8-character head-office BIC (Bank Identifier Code) for BANGALORE STOCK EXCHANGE LIMITED in BANGALORE, India. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by BANGALORE STOCK EXCHANGE LIMITED for all outward international remittances from BANGALORE. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code XBANIN51

The code XBANIN51 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code XBANIN51

Receiving International Wire Transfers

To receive money from abroad at your BANGALORE STOCK EXCHANGE LIMITED account in BANGALORE, share SWIFT code XBANIN51 with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at BANGALORE STOCK EXCHANGE LIMITED, BANGALORE must provide SWIFT code XBANIN51. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using BANGALORE STOCK EXCHANGE LIMITED in BANGALORE rely on SWIFT code XBANIN51 for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for BANGALORE STOCK EXCHANGE LIMITED →

For cheque clearing or NACH mandates, use the MICR code for BANGALORE STOCK EXCHANGE LIMITED →

For TDS challan deposits, find the BSR code for BANGALORE STOCK EXCHANGE LIMITED →

How SWIFT Code XBANIN51 Routes an International Transfer

1. Initiation: The sender provides SWIFT code XBANIN51 and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to BANGALORE STOCK EXCHANGE LIMITED.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BANGALORE STOCK EXCHANGE LIMITED receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code XBANIN51

• Spaces or lowercase letters — Always enter XBANIN51 uppercase with no spaces.
• Using the wrong city — This code is for BANGALORE only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within India.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm XBANIN51 directly with BANGALORE STOCK EXCHANGE LIMITED's BANGALORE branch or via the SWIFT BIC Directory.