Money & Banking

IFSC codes of erstwhile Syndicate bank branches to change from July 1

PTI Bengaluru | Updated on June 11, 2021

Customers have to use the new CANARA IFSC for receiving funds through NEFT/RTGS/IMPS

Canara Bank said on Friday the IFSC codes of the erstwhile Syndicate bank branches will change with effect from July 1, 2021.

Customers have to use the new CANARA IFSC for receiving funds through NEFT/RTGS/IMPS, it said in a statement.

Also read: Canara Bank donates 50 oxygen concentrators

The new IFSC can be obtained through URL or accessing the website of Canara Bank or by visiting any Canara Bank Branch.

New cheque books

Customers of the erstwhile (e)-Syndicate Bank will have to get new cheque books with changed IFSC & MICR codes, it said.

Swift code of erstwhile Syndicate Bank (SYNBINBBXXX) which is used for sending or receiving SWIFT messages for Foreign Exchange transactions shall be discontinued with effect from July 1, 2021.

“All our customers are advised to use the swift code (CNRBINBBFD) for any of their Foreign Exchange needs,” the statement added.

Canara Bank is the fourth-largest public sector bank in the country after its amalgamation with Syndicate Bank in April 2020, it was noted.

Published on June 11, 2021

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

  1. Comments will be moderated by The Hindu Business Line editorial team.
  2. Comments that are abusive, personal, incendiary or irrelevant cannot be published.
  3. Please write complete sentences. Do not type comments in all capital letters, or in all lower case letters, or using abbreviated text. (example: u cannot substitute for you, d is not 'the', n is not 'and').
  4. We may remove hyperlinks within comments.
  5. Please use a genuine email ID and provide your name, to avoid rejection.