SWIFT Code BENAIN21 — BENARES STATE BANK LTD., THE, VARANASI

About SWIFT Code BENAIN21 — BENARES STATE BANK LTD., THE, VARANASI

SWIFT code BENAIN21 is the official 8-character head-office BIC (Bank Identifier Code) for BENARES STATE BANK LTD., THE in VARANASI, 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 BENARES STATE BANK LTD., THE for all outward international remittances from VARANASI. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code BENAIN21

The code BENAIN21 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code BENAIN21

Receiving International Wire Transfers

To receive money from abroad at your BENARES STATE BANK LTD., THE account in VARANASI, share SWIFT code BENAIN21 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 BENARES STATE BANK LTD., THE, VARANASI must provide SWIFT code BENAIN21. 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 BENARES STATE BANK LTD., THE in VARANASI rely on SWIFT code BENAIN21 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 BENARES STATE BANK LTD., THE →

For cheque clearing or NACH mandates, use the MICR code for BENARES STATE BANK LTD., THE →

For TDS challan deposits, find the BSR code for BENARES STATE BANK LTD., THE →

How SWIFT Code BENAIN21 Routes an International Transfer

1. Initiation: The sender provides SWIFT code BENAIN21 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 BENARES STATE BANK LTD., THE.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BENARES STATE BANK LTD., THE receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code BENAIN21

• Spaces or lowercase letters — Always enter BENAIN21 uppercase with no spaces.
• Using the wrong city — This code is for VARANASI 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 BENAIN21 directly with BENARES STATE BANK LTD., THE's VARANASI branch or via the SWIFT BIC Directory.