SWIFT Code CORPINBB162 — CORPORATION BANK, KAKINADA

About SWIFT Code CORPINBB162 — CORPORATION BANK, KAKINADA

SWIFT code CORPINBB162 is the official 11-character branch-specific BIC (Bank Identifier Code) for CORPORATION BANK in KAKINADA, 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 CORPORATION BANK for all outward international remittances from KAKINADA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code CORPINBB162

The code CORPINBB162 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code CORPINBB162

Receiving International Wire Transfers

To receive money from abroad at your CORPORATION BANK account in KAKINADA, share SWIFT code CORPINBB162 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 CORPORATION BANK, KAKINADA must provide SWIFT code CORPINBB162. 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 CORPORATION BANK in KAKINADA rely on SWIFT code CORPINBB162 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 CORPORATION BANK →

For cheque clearing or NACH mandates, use the MICR code for CORPORATION BANK →

For TDS challan deposits, find the BSR code for CORPORATION BANK →

How SWIFT Code CORPINBB162 Routes an International Transfer

1. Initiation: The sender provides SWIFT code CORPINBB162 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 CORPORATION BANK.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: CORPORATION BANK receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code CORPINBB162

• Spaces or lowercase letters — Always enter CORPINBB162 uppercase with no spaces.
• Using the wrong city — This code is for KAKINADA 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 CORPINBB162 directly with CORPORATION BANK's KAKINADA branch or via the SWIFT BIC Directory.