SWIFT Code SCDIIN51 — SPARK CAPITAL ADVISORS (INDIA) PRIVATE LTD, CHENNAI (MADRAS)

About SWIFT Code SCDIIN51 — SPARK CAPITAL ADVISORS (INDIA) PRIVATE LTD, CHENNAI (MADRAS)

SWIFT code SCDIIN51 is the official 8-character head-office BIC (Bank Identifier Code) for SPARK CAPITAL ADVISORS (INDIA) PRIVATE LTD in CHENNAI (MADRAS), 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 SPARK CAPITAL ADVISORS (INDIA) PRIVATE LTD for all outward international remittances from CHENNAI (MADRAS). Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code SCDIIN51

The code SCDIIN51 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code SCDIIN51

Receiving International Wire Transfers

To receive money from abroad at your SPARK CAPITAL ADVISORS (INDIA) PRIVATE LTD account in CHENNAI (MADRAS), share SWIFT code SCDIIN51 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 SPARK CAPITAL ADVISORS (INDIA) PRIVATE LTD, CHENNAI (MADRAS) must provide SWIFT code SCDIIN51. 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 SPARK CAPITAL ADVISORS (INDIA) PRIVATE LTD in CHENNAI (MADRAS) rely on SWIFT code SCDIIN51 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 SPARK CAPITAL ADVISORS (INDIA) PRIVATE LTD →

For cheque clearing or NACH mandates, use the MICR code for SPARK CAPITAL ADVISORS (INDIA) PRIVATE LTD →

For TDS challan deposits, find the BSR code for SPARK CAPITAL ADVISORS (INDIA) PRIVATE LTD →

How SWIFT Code SCDIIN51 Routes an International Transfer

1. Initiation: The sender provides SWIFT code SCDIIN51 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 SPARK CAPITAL ADVISORS (INDIA) PRIVATE LTD.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: SPARK CAPITAL ADVISORS (INDIA) PRIVATE LTD receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code SCDIIN51

• Spaces or lowercase letters — Always enter SCDIIN51 uppercase with no spaces.
• Using the wrong city — This code is for CHENNAI (MADRAS) 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 SCDIIN51 directly with SPARK CAPITAL ADVISORS (INDIA) PRIVATE LTD's CHENNAI (MADRAS) branch or via the SWIFT BIC Directory.