Understanding Swift BIC Code Punjab National Bank

Author

Reads 536

Four colorful Bic pens arranged on a spiral notepad, showcasing vibrant organization.
Credit: pexels.com, Four colorful Bic pens arranged on a spiral notepad, showcasing vibrant organization.

Swift BIC code is a crucial element for international transactions.

Punjab National Bank's Swift BIC code is PUNB.

This unique code identifies the bank and is used by financial institutions worldwide for secure and efficient transactions.

In the case of Punjab National Bank, the BIC code is used to facilitate international money transfers, trade finance, and other cross-border banking operations.

The Swift BIC code is an essential part of the international banking system, enabling banks to communicate securely and efficiently with each other.

Understanding PNB SWIFT Code

A Punjab National Bank (PNB) SWIFT code is an 8 to 11 alphanumeric character code that comprises bank, city, branch, and country.

Each PNB branch has a unique SWIFT code, which means you'll need to check the correct SWIFT codes for your specific branch to ensure smooth international money transfers.

A PNB SWIFT code consists of two characters of numbers and letters, indicating the location of PNB Bank's head office, followed by three digits that indicate a specific branch, and 'XXX' denotes the bank's main office.

Credit: youtube.com, Punjab National Bank Swift Code | Swift Code Kaise Pata Kare | Swift Code Punjab National Bank

You can check the correct SWIFT codes for your Punjab National Bank (PNB) branch online or use the 8 character head office SWIFT code as a backup.

The structure of a PNB SWIFT code includes the bank code, country code, location code and status, and branch code.

Here's a breakdown of a sample PNB SWIFT code, PUNBINBBBPF:

  • Bank code - PUNB for Punjab National Bank
  • Country code - IN stands for India
  • Location code and Status - BB, where second B indicates active code
  • Branch code - BPF

You'll need to use PNB SWIFT codes when sending money between banks, especially for overseas transfers, to transfer funds and exchange messages between banks.

PNB SWIFT Code Structure & Format

A Punjab National Bank SWIFT code is an 8 to 11 alphanumeric character code that comprises bank, city, branch, and country.

It consists of two characters of numbers and letters, indicating the location of PNB Bank's head office. These characters are usually the first two characters of the code.

The code includes three digits that indicate a specific branch, and 'XXX' denotes the bank's main office.

Credit: youtube.com, Bihar Punjab National Bank SWIFT Code - All Branch PNB SWIFT Code ! SWIFT Code With IFSC Code HINDI

Here's a breakdown of the components of a PNB SWIFT code:

  • Bank code - a unique identifier for Punjab National Bank, which is always PUNB
  • Country code - a two-letter code that represents the country where the bank is located, which is IN for India
  • Location code and Status - this part of the code indicates the location of the bank's head office and whether the code is active or not
  • Branch code - a unique identifier for a specific branch of the bank

PNB Structure & Format

A Punjab National Bank SWIFT code is an 8 to 11 alphanumeric character code that comprises bank, city, branch, and country.

The code consists of two characters of numbers and letters, indicating the location of PNB Bank's head office.

These two characters are usually numbers and letters, and they serve as a unique identifier for the bank's head office.

The code includes three digits that indicate a specific branch, and 'XXX' denotes the bank's main office.

Here's a breakdown of the code structure:

  • Bank code: 4 characters (e.g. PUNB for Punjab National Bank)
  • Country code: 2 characters (e.g. IN stands for India)
  • Location code and Status: 2 characters (e.g. BB, where second B indicates active code)
  • Branch code: 3 characters (e.g. BPF)

Do SWIFT Codes Vary by Branch

Do SWIFT Codes Vary by Branch?

Each Punjab National Bank (PNB) branch has a unique SWIFT code, which you can find using a Punjab SWIFT code finder tool. You can also use the 8 character head office SWIFT code as a last resort.

Not all PNB branches use the same SWIFT code, so it's essential to verify the correct code for your specific branch. Using the wrong code could result in delays, returns, or sending your payment to the wrong destination.

Credit: youtube.com, Swift Code (BIC Code) - Explained in Hindi

A SWIFT code typically consists of 8-11 characters, with each character representing a specific piece of information, such as the bank code, country code, and branch code. For example, the SWIFT code PUNBINBBBPF breaks down into:

  • Bank code - PUNB for Punjab National Bank
  • Country code - IN stands for India
  • Location code and Status - BB, where second B indicates active code
  • Branch code - BPF

Using the wrong SWIFT code could have serious consequences, so make sure to double-check the code for your specific PNB branch before making any transactions.

Using PNB SWIFT Code

You need to use Punjab National Bank SWIFT codes when sending money between banks, especially for overseas transfers.

These codes are essential for transferring funds and exchanging messages between banks, and you can often locate them on your account statements.

SWIFT codes enhance security and reduce fraud associated with international payments by helping banks confirm they are sending money accurately.

Example of PNB

Using a PNB SWIFT code is relatively straightforward once you understand the different components involved. The SWIFT code PUNBINBBBPF is a great example to break it down.

Credit: youtube.com, Punjab National Bank ka swift code Kaise dekhe | How find Swift Code Of Punjab National Bank Bank

The bank code is PUNB, which stands for Punjab National Bank.

Here's a breakdown of the different parts of the code:

  • Bank code: PUNB
  • Country code: IN (stands for India)
  • Location code and Status: BB (the second B indicates an active code)
  • Branch code: BPF

This SWIFT code is a standard format that helps identify the bank, country, and branch.

PNB Code Usage

Using a Punjab National Bank (PNB) SWIFT code is essential for transferring funds between banks, especially for overseas transfers. You can often locate these codes on your account statements.

To make an international transfer to a PNB bank account, you'll be asked for a BIC/SWIFT code along with details like the bank address. Traditional banks can be slow and expensive, so consider using a service like Wise for fast, cheap, and secure international money transfers.

A SWIFT code typically consists of 8-11 characters, with the first 4 characters being the bank code. For example, PUNB is the bank code for Punjab National Bank.

The country code in a PNB SWIFT code is IN, which stands for India. This code is crucial for identifying the country where the bank is located.

Credit: youtube.com, How to Find Swift Code of Punjab National Bank

The location code and status in a PNB SWIFT code are represented by the characters BB, where the second B indicates an active code.

The branch code in a PNB SWIFT code is typically the last 3-4 characters. For instance, in the code PUNBINBBBPF, the branch code is BPF.

Here's a breakdown of the components of a PNB SWIFT code:

  • Bank code - PUNB (Punjab National Bank)
  • Country code - IN (India)
  • Location code and Status - BB (active code)
  • Branch code - BPF

Finding PNB SWIFT Code

Finding the PNB SWIFT code can be a bit tricky, but don't worry, it's easier than you think. To find the SWIFT code for PNB to receive money and send money, you can either visit your home branch or call their customer care.

You can visit your home branch and simply ask the bank officials for the SWIFT code of the branch. If they have it, they will provide it to you.

Alternatively, you can call the bank's customer care executive at the PNB customer care number and ask for the SWIFT code of a specific Punjab National Bank branch. They will ask for the branch code, which you can find in your bank passbook.

A Punjab National Bank SWIFT code is an 8 to 11 alphanumeric character code that comprises bank, city, branch, and country.

It consists of two characters of numbers and letters, indicating the location of PNB Bank's head office. The branch code is 0-9 A-Z.

General Information

Credit: youtube.com, Punjab National Bank janta bazar saran swift code | punjab bank swift code | PNB bank swift code

Swift BIC code for Punjab National Bank is a unique identifier used for international transactions.

The BIC code is also known as a SWIFT code, which stands for Society for Worldwide Interbank Financial Telecommunication.

Punjab National Bank's BIC code is PUNB, which is a four-letter code that identifies the bank.

This code is used by banks and financial institutions to facilitate international money transfers and other financial transactions.

The BIC code is usually printed on the bank's letterhead, cheque, and other documents.

Return

To return a payment or transfer to Punjab National Bank, you'll need to know the correct address. The bank's address is FLOOR 1, PNB SWIFT CENTRE PLOT, NO.05, INSTITUTIONAL AREA, PLOT, INSTITUTIONAL AREA SECT 32 GURUGRAM, GURGAON.

The city where you'll find the bank is GURGAON. This is important to note, especially if you're planning to visit the bank in person.

Punjab National Bank is located in India. If you're sending a payment or transfer internationally, you may need to consider this when entering the recipient's details.

Explaining PNB SWIFT Code

Credit: youtube.com, Punjab National Bank Swift Code Check | How To Check Punjab National Bank Swift Code | Swift Code

A PNB SWIFT code is an 8 to 11 alphanumeric character code that makes international money transfers possible. It's a combination of bank, city, branch, and country codes.

The code consists of two characters of numbers and letters, indicating the location of PNB Bank's head office. These characters are usually numbers and letters.

A PNB SWIFT code includes three digits that indicate a specific branch, and 'XXX' denotes the bank's main office. This is what sets it apart from other branches.

Here's a breakdown of what each part of a PNB SWIFT code means:

  • Bank code: PUNB for Punjab National Bank
  • Country code: IN stands for India
  • Location code and Status: BB, where the second B indicates an active code
  • Branch code: This can be a combination of letters and numbers, like BPF

You can use the first 8 symbols of a PNB SWIFT code for a SWIFT funds transfer, but it's always a good idea to double-check with the bank.

Ginger Wolf

Copy Editor

Ginger Wolf is a meticulous and detail-oriented copy editor with a passion for refining written content. With a keen eye for grammar and syntax, Ginger has honed her skills in ensuring that articles are polished and error-free. Her expertise spans a range of topics, including personal finance and budgeting.

Love What You Read? Stay Updated!

Join our community for insights, tips, and more.