Question 1

What's the difference between SWIFT codes and BIC codes?

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SWIFT and BIC codes are essentially the same. Both identify banks for secure international transactions. While "SWIFT code" is widely used, "BIC" is the official term financial institutions use. Both ensure your money reaches the correct destination safely.

Question 2

Do I need a SWIFT code to send money internationally?

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Yes, you'll typically need a SWIFT code to send money internationally. The SWIFT code directs your transfer to the correct bank and branch, helping to ensure your funds reach the proper destination securely and without delay. When you use Remitly, you don't need to worry about SWIFT codes, and our network includes a wide range of banks and cash pickup options.

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Do all bank branches use the same SWIFT code?

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No, SWIFT codes aren’t the same for all bank branches. Each branch usually has its own unique code to make sure your money gets to the right place. Using the correct SWIFT code for the specific branch you’re sending money to is important.

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Is it safe to send money online with Remitly?

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It’s safe to send money online with Remitly and we ensure your money transfers to India are secure, on time, and reliable. If your transfer doesn’t arrive on time, we’ll refund your fees.

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How much does it cost to send money to India?

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The cost of sending money to India varies depending on the amount you're sending, the payment method, and the delivery option you choose. At Remitly, we strive to provide competitive exchange rates and low fees.

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Does Remitly offer discounts for new customers?

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Yes! We offer discounts for when you send your first money transfer. Eligibility restrictions may apply.  Check out our transfer offers for first-time senders.

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What are the ways to receive a money transfer?

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SWIFT code	HSBCINAAXXX
SWIFT code (8 chr)	HSBCINAA
Bank name	THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED, GIFT CITY BRANCH
Bank address	UNIT NO 202, FLOOR 2, BRIGADE INTL, FIN CTR, BLK 14 14-A, ZONE 1, GIFT, GANDHINAGAR, GUJARAT, 382355
Branch code	XXX
City	GANDHINAGAR
Country	India

THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED, GIFT SWIFT code in India

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What is the SWIFT code for THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED, GIFT?

Example SWIFT code format

HSBC

IN

AA

XXX

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