SWIFT Code IDBLILITDMD — ISRAEL DISCOUNT BANK LTD., RAMAT-GAN

About SWIFT Code IDBLILITDMD — ISRAEL DISCOUNT BANK LTD., RAMAT-GAN

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

How to Read SWIFT Code IDBLILITDMD

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

When to Use SWIFT Code IDBLILITDMD

Receiving International Wire Transfers

To receive money from abroad at your ISRAEL DISCOUNT BANK LTD. account in RAMAT-GAN, share SWIFT code IDBLILITDMD 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 ISRAEL DISCOUNT BANK LTD., RAMAT-GAN must provide SWIFT code IDBLILITDMD. 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 ISRAEL DISCOUNT BANK LTD. in RAMAT-GAN rely on SWIFT code IDBLILITDMD 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 ISRAEL DISCOUNT BANK LTD. →

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

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

How SWIFT Code IDBLILITDMD Routes an International Transfer

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

Common Mistakes When Using SWIFT Code IDBLILITDMD

• Spaces or lowercase letters — Always enter IDBLILITDMD uppercase with no spaces.
• Using the wrong city — This code is for RAMAT-GAN 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 Israel.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm IDBLILITDMD directly with ISRAEL DISCOUNT BANK LTD.'s RAMAT-GAN branch or via the SWIFT BIC Directory.