Kotak Securities Ltd Swift Code

SWIFT Code of KOTAK SECURITIES LTD in MUMBAI

SWIFT Code KOTAK SECURITIES LTD can be used in transferring money overseas. Swift codes of KOTAK SECURITIES LTD MUMBAI are provided by International Organization for Standardization (ISO). Swift Code identifies KOTAK SECURITIES LTD branches which participate in Overseas fund transfers. Swiftcode KOTAK SECURITIES LTD is a unique code for each branch.

Use of SWIFT Code KOTAK SECURITIES LTD MUMBAI

MUMBAI SWIFT Codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks. The codes can sometimes be found on account statements. To do Overseas funds transfer the SWIFT Code KOTAK SECURITIES LTD is required. List of KOTAK SECURITIES LTD SWIFT Codes provided are Branches respectively.

What KOTAK SECURITIES LTD is SWIFT CODE?

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) (also known as ISO 9362, SWIFT-BIC, BIC code, SWIFT ID or SWIFT code) is a standard format of Business Identifier Codes approved by the International Organization for Standardization (ISO). It is a unique identification code for both financial and non-financial institutions. (When assigned to a non-financial institution, a code may also be known as a Business Entity Identifier or BEI.) These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks. The codes can sometimes be found on account statements. SWIFT and BIC codes are basically the same.

The SWIFT code is 8 or 11 characters,

Example: KOSEINB1XXX

• KOSE 4 letters: Institution Code or bank code.
• IN 2 letters: ISO 3166-1 alpha-2 country code
• B1 2 letters or digits: location code
• If the second character is "0", then it is typically a test BIC as opposed to a BIC used on the live network.
• If the second character is "1", then it denotes a passive participant in the SWIFT network
• If the second character is "2", then it typically indicates a reverse billing BIC, where the recipient pays for the message as opposed to the more usual mode whereby the sender pays for the message.
• XXX 3 letters or digits: branch code

Where an 8-digit code is given, it may be assumed that it refers to the primary office.

SWIFT Code For KOTAK SECURITIES LTD in MUMBAI

SWIFT Code KOTAK SECURITIES LTD used to Transfer fund to International banks. SWIFTCode KOTAK SECURITIES LTD are provide the broadest coverage of national bank identifiers. SWIFT Code is identifying KOTAK SECURITIES LTD Country branches. SWIFT Code KOTAK SECURITIES LTD is unique for each branch.