SWIFT Code PSBPINB1 — PUG STOCK BROKERS PVT. LTD., MUMBAI

About SWIFT Code PSBPINB1 — PUG STOCK BROKERS PVT. LTD., MUMBAI

SWIFT code PSBPINB1 is the official 8-character head-office BIC (Bank Identifier Code) for PUG STOCK BROKERS PVT. LTD. in MUMBAI, 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 PUG STOCK BROKERS PVT. LTD. for all outward international remittances from MUMBAI. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code PSBPINB1

The code PSBPINB1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code PSBPINB1

Receiving International Wire Transfers

To receive money from abroad at your PUG STOCK BROKERS PVT. LTD. account in MUMBAI, share SWIFT code PSBPINB1 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 PUG STOCK BROKERS PVT. LTD., MUMBAI must provide SWIFT code PSBPINB1. 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 PUG STOCK BROKERS PVT. LTD. in MUMBAI rely on SWIFT code PSBPINB1 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 PUG STOCK BROKERS PVT. LTD. →

For cheque clearing or NACH mandates, use the MICR code for PUG STOCK BROKERS PVT. LTD. →

For TDS challan deposits, find the BSR code for PUG STOCK BROKERS PVT. LTD. →

How SWIFT Code PSBPINB1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code PSBPINB1 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 PUG STOCK BROKERS PVT. LTD..
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: PUG STOCK BROKERS PVT. LTD. receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code PSBPINB1

• Spaces or lowercase letters — Always enter PSBPINB1 uppercase with no spaces.
• Using the wrong city — This code is for MUMBAI 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 PSBPINB1 directly with PUG STOCK BROKERS PVT. LTD.'s MUMBAI branch or via the SWIFT BIC Directory.