Following are the IFSC Code Details of Mumbai Branch Bank of Bahrain and Kuwait BSC Mumbai BBKM0000001

Which Bank IFSC Code is BBKM0000001?

IFSC Code BBKM0000001 belongs to Branch Name: Rtgs-Ho of Bank of Bahrain and Kuwait BSC located at 225,Jolly Makers Chambers Ii,Nariman Point,Mumbai

What is IFSC Code?

IFSC stands for Indian Financial System Code. It’s an 11-digit alphanumeric code that uniquely identifies every bank branch in India that participates in online money transfer systems. It works as a crucial address for ensuring smooth and accurate electronic fund transfers. It acts as a crucial address for ensuring accurate electronic fund transfers.

Structure of an IFSC Code:

First 4 characters: Bank’s name (e.g., HDFC, SBI, ICICI)
5th character: Always 0 (zero)
Last 6 characters: Specific branch of the bank

Uses of IFSC Codes:

Online money transfers: NEFT, RTGS, and IMPS all require IFSC codes to specify the recipient’s bank branch.
Cheque clearance: Used for faster cheque clearance processes.
Linking bank accounts: Linking accounts for mutual funds, loan repayments, etc., often involves IFSC codes.

How to Find Your IFSC Code:

Cheque book: Printed at the top of the cheque leaf.

Bank passbook: Printed on the front page.

Bank website/app: Available in your account information.

Third-party websites: Several websites offer IFSC code search features.

Bank branch: Visit your branch for assistance.

Common Questions:

Do all bank branches have IFSC codes?

No, only those participating in online money transfer systems have IFSC codes.

Can I use the same IFSC code for all transfer types?

Yes, the IFSC code remains constant for NEFT, RTGS, and IMPS.

What happens if I enter an incorrect IFSC code?

The transfer may be delayed or returned, so double-check the code before initiating a transaction.

Can I find IFSC codes for international banks?

No, IFSC codes are specific to Indian banks. For international transfers, you’ll need SWIFT codes.

Additional Information:

IFSC codes are issued by the Reserve Bank of India (RBI).
They are essential for smooth and secure electronic fund transfers in India.
Always verify the IFSC code with the recipient before initiating a transfer to avoid errors or delays.

About Bank of Bahrain and Kuwait BSC:

• Bank of Bahrain & Kuwait B.S.C is the modern international resource that equips people with the financial products, services, tools, experience and, most critically, the knowledge and partnership required to face the future with confidence
• Bank of Bahrain & Kuwait B.S.C (BBK) was incorporated in Bahrain in March 1971 with the committed objective of providing a range of efficient and personalized banking facilities. BBK’s first overseas branch was established in Kuwait in 1978. A few years later, branches were set up in Mumbai and Hyderabad.”With the addition of two new branches at Aluva and New Delhi, today, BBK is one of the largest commercial bank in Bahrain with 16 local branches, 5 full-fledged overseas branches and a Representative Office in Dubai.”

Here are some of the key features of Bank of Bahrain and Kuwait BSC:

• Extensive Network: Branches in Bahrain, Kuwait, India, and a representative office in Dubai.
• Diverse Offerings: Retail banking, corporate banking, investment banking, wealth management, and treasury services for individuals, businesses, and corporations.
• Digital Focus: Convenient online and mobile banking platforms (BBKonnect app).