SWIFT Code TISRIMD1 — TIBRA STRUCTURED PRODUCTS LIMITED, DOUGLAS

About SWIFT Code TISRIMD1 — TIBRA STRUCTURED PRODUCTS LIMITED, DOUGLAS

SWIFT code TISRIMD1 is the official 8-character head-office BIC (Bank Identifier Code) for TIBRA STRUCTURED PRODUCTS LIMITED in DOUGLAS, Isle of Man. 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 TIBRA STRUCTURED PRODUCTS LIMITED for all outward international remittances from DOUGLAS. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code TISRIMD1

The code TISRIMD1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code TISRIMD1

Receiving International Wire Transfers

To receive money from abroad at your TIBRA STRUCTURED PRODUCTS LIMITED account in DOUGLAS, share SWIFT code TISRIMD1 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 TIBRA STRUCTURED PRODUCTS LIMITED, DOUGLAS must provide SWIFT code TISRIMD1. 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 TIBRA STRUCTURED PRODUCTS LIMITED in DOUGLAS rely on SWIFT code TISRIMD1 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 TIBRA STRUCTURED PRODUCTS LIMITED →

For cheque clearing or NACH mandates, use the MICR code for TIBRA STRUCTURED PRODUCTS LIMITED →

For TDS challan deposits, find the BSR code for TIBRA STRUCTURED PRODUCTS LIMITED →

How SWIFT Code TISRIMD1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code TISRIMD1 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 TIBRA STRUCTURED PRODUCTS LIMITED.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: TIBRA STRUCTURED PRODUCTS LIMITED receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code TISRIMD1

• Spaces or lowercase letters — Always enter TISRIMD1 uppercase with no spaces.
• Using the wrong city — This code is for DOUGLAS 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 Isle of Man.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm TISRIMD1 directly with TIBRA STRUCTURED PRODUCTS LIMITED's DOUGLAS branch or via the SWIFT BIC Directory.