About SWIFT Code IOBAINBB058

IOBAINBB058 identifies Indian Overseas Bank ((Mount Road Branch)) in Chennai (Madras), India, on the international SWIFT network. The code breaks down as: bank code IOBA, country IN, location BB, and branch 058.

Use this code when receiving or sending an international wire transfer to Indian Overseas Bank. You will usually also need the recipient's account number or IBAN. Learn how SWIFT codes work →

Always confirm the SWIFT code with the receiving bank before transferring money - codes can change and branch codes vary by account type.

Frequently Asked Questions

What bank uses SWIFT code IOBAINBB058?

IOBAINBB058 belongs to Indian Overseas Bank ((Mount Road Branch)) in Chennai (Madras), India.

Is IOBAINBB058 valid for international transfers?

Yes - it's a valid 11-character BIC: bank code IOBA, country IN, location BB, branch 058. Pair it with the recipient's account number or IBAN, and always confirm with the receiving bank before wiring money.

What's the difference between an 8 and 11 character code?

8-character codes identify the bank's head office; 11-character codes add a 3-character branch identifier. If no branch code is given, "XXX" (head office) is assumed.

What do I need besides the SWIFT code for an international transfer?

Typically the recipient's full name and address, their account number or IBAN, the bank's name and address, and the SWIFT/BIC code IOBAINBB058. Some countries also require a purpose-of-payment code.