Indian Overseas Bank SWIFT code
The SWIFT code (BIC) of Indian Overseas Bank in India is IOBAINBB001, as published by the bank on its own website. A SWIFT code tells banks around the world which bank should receive an international payment; the payer also needs the recipient's name, account number and the details below.
- Indian Overseas Bank's SWIFT code is IOBAINBB001.
- IOBA is the bank, IN the country and BB the location.
- Use the code on the recipient's invoice and confirm new details by a second channel.
- A US dollar payment usually passes through a US correspondent bank; choose OUR to have the full amount arrive.
Indian Overseas Bank SWIFT code
| Bank | Indian Overseas Bank |
|---|---|
| SWIFT code (BIC) | IOBAINBB001 |
| Country | India |
| Published by the bank | Indian Overseas Bank website: “For Personal remittances always use our swift code IOBAINBB001” |
Source: Indian Overseas Bank's own published details. Checked on 29 October 2026.
Indian Overseas Bank states that some branches or units use their own codes. If your supplier's invoice shows a different code from the bank, use the code on the invoice and confirm it with the supplier by phone or a second email before the first payment.
What IOBAINBB001 means
A SWIFT code has 8 or 11 characters. IOBAINBB001 breaks down as follows.
| Part | Characters | What it means |
|---|---|---|
| Bank code | IOBA | Identifies the bank |
| Country code | IN | ISO country code of the bank's country |
| Location code | BB | Identifies the location, usually the head office city |
| Branch code | 001 | Identifies a specific branch or unit |
Structure from ISO 9362, the international standard for business identifier codes, as described by Swift.
What a payment to Indian Overseas Bank needs
For a payment to Indian Overseas Bank, collect these details from the recipient:
- The recipient's full legal name, exactly as the bank holds it
- The recipient's account number, or IBAN where the country uses one
- The SWIFT code: IOBAINBB001
- The bank's name and city: Indian Overseas Bank
- A payment reference, usually the invoice number
Local identifiers: IOB publishes separate SWIFT codes for its forex authorized branches. (source).
For the rules on paying into India, see Sending business payments from the US to India, USD to INR for business payments, How to pay suppliers in India.
Sending US dollars to Indian Overseas Bank
A US dollar payment to a bank outside the United States usually travels through a correspondent bank in the US, which holds dollars for the receiving bank. Each bank along the route can deduct a fee when the payer chooses shared charges (SHA). Choosing OUR asks the payer's bank to cover those charges so the full amount arrives. Our guide to intermediary bank fees explains how to see and avoid the deductions.
Paying Indian Overseas Bank from a Helm account
From a Helm account you can pay Indian Overseas Bank by international wire in US dollars or, where a local payment system is available, in the local currency. The fee, the exchange rate and the expected arrival date are shown before you confirm.
Helm sets pricing for each business around its volume, currencies and rails, and agrees it in writing before the account opens. See how pricing works.
Other banks in India
| Bank | SWIFT code |
|---|---|
| State Bank of India | SBININBB |
| HDFC Bank | HDFCINBB |
| ICICI Bank | ICICINBB |
| Punjab National Bank | PUNBINBB |
| Bank of Baroda | BARBINBB |
| Axis Bank | AXISINBB |
| Canara Bank | CNRBINBB |
| Kotak Mahindra Bank | KKBKINBB |
| Indian Bank | IDIBINBB |
| IndusInd Bank | INDBINBB |
| Indian Overseas Bank | IOBAINBB |
| IDFC FIRST Bank | IDFBINBB |
| UCO Bank | UCBAINBB |
| Yes Bank | YESBINBB |
| RBL Bank | RATNINBB |
Codes from each bank's own published details. Checked on 29 October 2026. All banks: SWIFT codes in India.
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Open accountQuestions
What is the SWIFT code for Indian Overseas Bank?
Indian Overseas Bank's SWIFT code is IOBAINBB001, as published on the bank's own website and checked on 29 October 2026.
Does Indian Overseas Bank use different SWIFT codes for branches?
Yes. Indian Overseas Bank states that some branches or units use their own codes, so use the code on the recipient's invoice or account letter.
Is a SWIFT code the same as a BIC?
Yes. BIC stands for business identifier code, the ISO 9362 standard; SWIFT code is the everyday name for the same code.
Is IOBAINBB001 the same as IOBAINBB001XXX?
Yes. An 8-character code and the same code followed by XXX both point to the bank's head office.
What does it cost to pay Indian Overseas Bank from Helm?
Helm agrees pricing with your business in writing before the account opens, set around your volume, currencies and rails. The fee, the exchange rate and the expected arrival date are shown before you confirm each payment.
References
- Indian Overseas Bank: published SWIFT code
- Swift: business identifier code (BIC)
- Indian Overseas Bank: local payment identifiers
This guide is general information for businesses, not financial, legal or tax advice. Rules, fees and timings were checked against the sources listed on the review date and may change.