Here is list of HDFC Bank Swift Code: In an increasingly globalized economy, international transactions have become a necessity for individuals and businesses alike. When transferring funds across borders, a Swift Code is essential. If you are an HDFC Bank customer, knowing your HDFC Bank Swift Code is crucial for smooth and secure international transactions. This article will explain what a Swift Code is, how it works, and why it is important for global money transfers.
What is a Swift Code?
A Swift Code (also known as a BIC – Bank Identifier Code) is an internationally recognized bank code that helps identify banks in international transactions. It ensures that money sent from one country reaches the correct bank and branch of the recipient.
Structure of a Swift Code
A Swift Code consists of 8 to 11 characters, which are divided into four sections:
- First 4 characters: Bank code (Identifies the bank)
- Next 2 characters: Country code (Identifies the country)
- Next 2 characters: Location code (Identifies the city or region)
- Last 3 characters (optional): Branch code (Identifies the specific branch)
Example of an HDFC Bank Swift Code
A typical HDFC Bank Swift Code looks like this: HDFCINBBXXX
- HDFC – Represents HDFC Bank
- IN – Represents India
- BB – Represents the bank’s headquarters location
- XXX – Optional branch code
Why is the HDFC Bank Swift Code Important?
- Ensures Secure International Transfers: Swift Codes help in correctly routing international payments, reducing errors and transaction failures.
- Facilitates Global Business: Businesses making cross-border payments need Swift Codes to ensure seamless transactions.
- Required for Wire Transfers: Whether you are sending or receiving money from abroad, your bank will require a Swift Code.
- Avoids Transaction Delays: Incorrect or missing Swift Codes can lead to payment delays or rejections.
How to Use the HDFC Bank Swift Code for International Transfers?
1. Sending Money from HDFC Bank to Abroad
- Visit your HDFC Net Banking account or go to a branch.
- Choose International Wire Transfer.
- Enter the recipient’s bank details, including their Swift Code.
- Verify the details and authorize the transaction.
2. Receiving Money from Abroad to HDFC Bank
- Provide the sender with your HDFC Bank account number and the HDFC Swift Code.
- Ensure the sender uses the correct currency conversion details if required.
- The money will be credited to your HDFC Bank account once processed.
List of HDFC Bank Swift Codes for Major Cities
| City | HDFC Swift Code |
|---|---|
| Mumbai (General) | HDFCINBBXXX |
| New Delhi | HDFCINBBDEL |
| Pune | HDFCINBBPNE |
| Hyderabad | HDFCINBBHYD |
| Mumbai (Treasury Branch) | HDFCINBBTRS |
| Bangalore | HDFCINBBBNG |
| Mumbai (Custody Services) | HDFCINBBCUS |
| Ahmedabad | HDFCINBBAHM |
| Indore | HDFCINBBIDR |
| Mumbai (Parel Branch) | HDFCINBBGFC |
| Mumbai (Worli Branch) | HDFCINBBGMT |
| City | HDFC Swift Code |
|---|---|
| Mumbai | HDFCINBBXXX |
| Delhi | HDFCINBBDEL |
| Bangalore | HDFCINBBBGL |
| Chennai | HDFCINBBCHE |
| Hyderabad | HDFCINBBHYD |
| Kolkata | HDFCINBBKOL |
(Note: Always verify with HDFC Bank before making a transaction.)
How to Find Your HDFC Bank Swift Code?
- Check the HDFC Bank Website: The official website provides an updated list of Swift Codes.
- Visit Your Nearest Branch: Ask the bank staff for your branch-specific Swift Code.
- Look at Your Bank Statement: Some bank statements include Swift Codes for international transactions.
- Use HDFC Net Banking: Log in to check international payment details.
Charges and Fees for HDFC Bank International Transfers
HDFC Bank may charge fees for international transactions, which include:
- Processing Fee: A small percentage of the transaction amount.
- Currency Conversion Charges: Based on forex rates.
- Correspondent Bank Charges: Intermediary banks may apply additional charges.
HDFC Bank Swift Code vs. IFSC Code: Key Differences
| Feature | Swift Code | IFSC Code |
|---|---|---|
| Purpose | International transfers | Domestic transfers in India |
| Character Length | 8-11 characters | 11 characters |
| Example | HDFCINBBXXX | HDFC0000123 |
| Required for | Sending/receiving money internationally | NEFT, RTGS, IMPS transactions in India |
Common Mistakes to Avoid When Using Swift Codes
- Using an Incorrect Swift Code: Always double-check the code before making a transaction.
- Not Confirming Fees: Check with HDFC Bank for any additional charges before transferring money.
- Not Providing Complete Details: Ensure the recipient’s bank account number and name match their bank records.
Conclusion
The HDFC Bank Swift Code is essential for secure and hassle-free international transactions. Whether you are a business owner making global payments or an individual receiving money from abroad, knowing your Swift Code ensures a smooth banking experience. Always verify your Swift Code with HDFC Bank before initiating any international transfer to avoid delays or errors.
If you frequently engage in cross-border transactions, keeping a record of Swift Codes for different HDFC branches can be beneficial. For more details, visit the official HDFC Bank website or contact customer support.
