Federal Bank SWIFT Code: Full List of Federal Bank SWIFT Codes in India

The SWIFT code of the Federal Bank is vital for securely performing international money transfers between banks. It guarantees swift and accurate transactions for both sending and receiving funds globally, directing them to the correct Federal Bank account. Unlike a universal code, each branch possesses its unique Federal Bank SWIFT code. 

In this article, you will delve into the structure of the Federal Bank’s SWIFT code, along with this code’s significance and other essential details.

What is the SWIFT Code of Federal Bank?

Also referred to as SWIFT-BIC, BIC code, or SWIFT ID, the SWIFT code of Federal Bank is a unique identifier code recognised globally. It is a standard format of Business Identifier codes endorsed by the International Organization for Standardization (ISO). This code consists of 8 or 11 characters and serves as a distinct identification code. 

The bank uses these codes when it transfers money between branches, especially for international money transfers. Additionally, banks also use these codes to send messages to each other. The SWIFT code of the Federal Bank is represented in FDRLINBBXXX format.

Importance of SWIFT Code For Federal Bank

The following highlights the importance of the Federal Bank SWIFT code:

• It ensures that your money reaches the intended destination on time and accurately.
• The messaging system allows you to swiftly transfer money or information between commercial banks worldwide, regardless of their location, ensuring fast communication.
• SWIFT's commitment to upholding the highest standards of integrity and confidentiality for users helps mitigate instances of fraud linked to international money transfers.
• The SWIFT code offers compliance services to address issues related to compliance and financial crimes.

Is the SWIFT Code the Same for All Branches of the Federal Bank?

Each branch of the Federal Bank has its own unique SWIFT code. This code helps accurately identify specific branches during international transactions and ensures the efficient and secure routing of funds to the intended branch.

Federal Bank SWIFT Code Structure and Format

A Federal Bank SWIFT code is an 8-11 alphanumeric character code that identifies your country, city, bank, and branch.

• Bank code: The bank code consists of four letters that stand for the bank. It is usually a shorter version of the bank's name.
• Country code: It comprises two letters representing the country where the bank is located.
• Location code: The location code consists of two characters, either letters or numbers and indicates where the bank's head office is located.
• Branch code: It consists of three digits that specify a particular bank branch of Federal Bank. 

Example of Federal Bank SWIFT Code

Suppose the SWIFT code of a Federal Bank branch is FDRLINBBQLB. Here, each part of the code indicates the following information:

• Bank code: FDRL represents Federal Bank.
• Country code: IN indicates India.
• Location code: BB
• Branch code: QLB (a branch in Kollam)

List of Federal Bank SWIFT Codes In India

Here is a table mentioning the list of Federal Bank Swift codes in India:

Usage of Federal Bank SWIFT Codes

When you transfer money between banks, especially for international wire transfers or exchanging messages, you will need the Federal Bank SWIFT codes. Different branches of the Federal Bank have their unique SWIFT codes, ensuring accuracy in routing transactions to the intended branch.

How to Find the SWIFT Code of the Federal Bank?

To find the SWIFT code of the Federal Bank, you can usually check your bank account statements. Alternatively, you can use the SWIFT code finder tool of Federal Bank to locate the correct code for your transfer.

It is important to grasp the significance of the SWIFT code and its role in simplifying international money transfers from the Federal Bank. You must always ensure that you have the correct Federal Bank SWIFT code whenever you require it for such transactions. This code guarantees smooth transactions and helps you to prevent any potential delays or mistakes.

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