SWIFT Code KARBINBBSLM — KARNATAKA BANK LTD., SALEM

About SWIFT Code KARBINBBSLM — KARNATAKA BANK LTD., SALEM

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

How to Read SWIFT Code KARBINBBSLM

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

When to Use SWIFT Code KARBINBBSLM

Receiving International Wire Transfers

To receive money from abroad at your KARNATAKA BANK LTD. account in SALEM, share SWIFT code KARBINBBSLM 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 KARNATAKA BANK LTD., SALEM must provide SWIFT code KARBINBBSLM. 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 KARNATAKA BANK LTD. in SALEM rely on SWIFT code KARBINBBSLM 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 KARNATAKA BANK LTD. →

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

For TDS challan deposits, find the BSR code for KARNATAKA BANK LTD. →

How SWIFT Code KARBINBBSLM Routes an International Transfer

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

Common Mistakes When Using SWIFT Code KARBINBBSLM

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