UTIBSGS1 details
UTIBSGS1 is the swift code for Axis Bank Limited(Formerly Uti Bank).
This alphanumeric code is a vital identifier in the world of international finance, as it serves as a digital fingerprint for Axis Bank Limited(Formerly Uti Bank), ensuring that transactions are directed precisely where they need to go.
Comprising specific characters that represent the bank's identity, country, location, and possibly a particular branch, UTIBSGS1 facilitates secure and efficient cross-border money transfers.It's more than just a code; it's a gateway connecting Axis Bank Limited(Formerly Uti Bank) to the global financial network.
How are SWIFT codes formatted:
A SWIFT/BIC code is an 8-11 character code that identifies your country, city, bank and branch:
Format of a SWIFT/BIC code
A SWIFT/BIC is an 8-11 character code that identifies your country, city, bank, and branch.
Bank code
A-Z4 letters representing the bank. It usually looks like a shortened version of that bank's name.
Country code
A-Z2 characters made up of letters or numbers. It says where that bank's head office is.
Location code
A-Z0-92 characters made up of letters or numbers. It says where that bank's head office is.
Branch code
A-Z0-93 digits specifying a particular branch. 'XXX' represents the bank’s head office.