SWIFT Code SBSGINBB — SBI CUSTODIAL SERVICES PRIVATE LTD., MUMBAI

About SWIFT Code SBSGINBB — SBI CUSTODIAL SERVICES PRIVATE LTD., MUMBAI

SWIFT code SBSGINBB is the official 8-character head-office BIC (Bank Identifier Code) for SBI CUSTODIAL SERVICES PRIVATE 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 SBI CUSTODIAL SERVICES PRIVATE 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 SBSGINBB

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

When to Use SWIFT Code SBSGINBB

Receiving International Wire Transfers

To receive money from abroad at your SBI CUSTODIAL SERVICES PRIVATE LTD. account in MUMBAI, share SWIFT code SBSGINBB 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 SBI CUSTODIAL SERVICES PRIVATE LTD., MUMBAI must provide SWIFT code SBSGINBB. 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 SBI CUSTODIAL SERVICES PRIVATE LTD. in MUMBAI rely on SWIFT code SBSGINBB 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 SBI CUSTODIAL SERVICES PRIVATE LTD. →

For cheque clearing or NACH mandates, use the MICR code for SBI CUSTODIAL SERVICES PRIVATE LTD. →

For TDS challan deposits, find the BSR code for SBI CUSTODIAL SERVICES PRIVATE LTD. →

How SWIFT Code SBSGINBB Routes an International Transfer

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

Common Mistakes When Using SWIFT Code SBSGINBB

• Spaces or lowercase letters — Always enter SBSGINBB 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 SBSGINBB directly with SBI CUSTODIAL SERVICES PRIVATE LTD.'s MUMBAI branch or via the SWIFT BIC Directory.