Bank Code Verified







Postcode: 110001

Country: India

Anto Swift Codes: Connecting the Global Financial Network

In today’s interconnected world, the ability to securely and efficiently transfer funds across borders is essential for businesses and individuals alike. Swift codes, also known as Bank Identifier Codes (BIC), play a crucial role in facilitating these international transactions.

In this article, we will explore the purpose and importance of Swift codes and understand how they connect financial institutions across the globe. The Role of Swift Codes in International Banking: Unlocking Secure and Efficient Transactions

International banking transactions involve the exchange of sensitive financial information, and ensuring the security of these transfers is of utmost importance.

Swift codes enable this by providing a unique identification for each financial institution involved in the transaction. Let’s delve deeper into the role Swift codes play in international banking.

What is a Swift Code? A Swift code is an internationally recognized set of letters and numbers that identifies a specific bank or financial institution.

It serves as a unique identifier, similar to a postal code, and is used to route funds accurately and securely. The Society for Worldwide Interbank Financial Telecommunication (SWIFT) assigns and regulates Swift codes.

Understanding Swift Code Format

Swift codes are standardized and follow a specific format. They consist of either 8 or 11 characters, comprising a combination of letters and numbers.

The first four characters represent the bank code, the next two characters represent the country code, the following two characters indicate the location code, and the last three characters (optional) denote the branch code.

Connecting with Financial Institutions Globally

Imagine you want to transfer money from your account in the Punjab National Bank (E-OBC) branch in New Delhi, India, to another bank located in a different country. Without a Swift code, this transaction would turn into a tedious and risky process.

Let’s explore how Swift codes make international banking secure and efficient. Secure Transactions: Swift codes act as a global network that enables financial institutions to securely communicate with each other.

By using this standardized code, banks can ensure that the funds are transferred to the correct destination, mitigating the risk of fraud or errors. Efficient Routing: Swift codes facilitate the swift and efficient routing of funds across multiple financial institutions.

When initiating an international transfer, the sender’s bank uses the Swift code of the recipient’s bank to identify the correct destination. This eliminates the need for manual intervention, reducing processing time and lowering the chances of errors.

Connecting with Correspondent Banks: In international transactions, banks often rely on correspondent banks to facilitate transfers in foreign currencies. Swift codes play a crucial role in connecting with these correspondent banks.

The Swift code enables the sender’s bank to identify the appropriate correspondent bank that can handle the foreign currency conversion and ensure a seamless transfer. Connecting with Clearing Systems: Clearing systems are essential in settlements between financial institutions.

Swift codes are instrumental in connecting banks with these clearing systems, ensuring smooth and efficient processing of transactions. The codes help in identifying the relevant clearing system, streamlining the transfer process.

The Swift Code for Punjab National Bank (E-OBC)

Now that we have understood the purpose and significance of Swift codes, let’s take a closer look at the specific code for Punjab National Bank (E-OBC) in New Delhi, India.






Postcode: 110001

Country: India

This Swift code can be a vital piece of information when initiating an international transfer to Punjab National Bank (E-OBC).

It ensures that the funds are routed accurately to the specific branch and provides the necessary details for secure and efficient processing.


Swift codes are the backbone of secure and efficient international banking. They connect financial institutions worldwide, facilitating seamless transactions.

The code for Punjab National Bank (E-OBC) in New Delhi, India, plays a significant role in ensuring secure and efficient transfers for customers. Understanding Swift codes empowers individuals and businesses to navigate the global financial network with ease.


Punjab National Bank (PNB) is a renowned bank in India, known for its excellent range of banking services and commitment to customer satisfaction. The E-OBC branch, short for East Oriental Bank Company, is one of the esteemed branches of PNB.

Let’s dive deeper into what makes PNB (E-OBC) unique and explore the services it offers.

History and Legacy

Punjab National Bank, established on May 19, 1894, under the Indian Companies Act, started its journey from Lahore (now in Pakistan). It has since grown to become one of the leading banks in India.

The E-OBC branch is a testament to PNB’s commitment to expanding its reach and providing quality banking services across the country.

Branch Location and Appearance

The PNB (E-OBC) branch is located in the heart of New Delhi, India’s capital city. Situated in Connaught Circus, at H-15, the branch enjoys a prime location.

The branch is easily accessible, making it convenient for customers to visit and avail themselves of the bank’s services. With a modern and sophisticated ambience, the branch provides a welcoming atmosphere for customers.

Range of Services

PNB (E-OBC) offers a comprehensive range of banking services to cater to the diverse needs of individuals and businesses. Let’s take a closer look at some of the common services provided by the branch.

1. Personal Banking: PNB (E-OBC) offers a variety of personal banking services to meet the financial requirements of individuals.

These services include savings and current accounts, fixed deposits, recurring deposits, personal loans, and credit cards. Customers can also avail themselves of convenient internet and mobile banking facilities, enabling them to manage their finances at their fingertips.

2. Corporate Banking: The branch caters to the banking needs of corporate clients, providing tailored solutions to support their business growth.

PNB (E-OBC) offers services such as corporate loans, working capital finance, trade finance, cash management, and treasury services. With a dedicated team of professionals, the branch ensures that corporate clients receive personalized attention and efficient services.

3. International Banking: PNB (E-OBC) understands the importance of globalization and assists customers with their international banking needs.

The branch facilitates cross-border transactions, foreign currency exchange, letters of credit, and international trade finance. With its extensive network and the support of Swift codes, PNB (E-OBC) ensures secure and smooth international transactions for its customers.

4. Wealth Management: Recognizing the need for wealth preservation and growth, PNB (E-OBC) offers comprehensive wealth management services.

The branch provides investment advisory, portfolio management, mutual funds, insurance, and other wealth management solutions. Customers can benefit from expert advice and personalized strategies to grow and protect their wealth.

Topic 4: Common Uses of Swift Codes

Swift codes are utilized in various everyday banking scenarios. Let’s explore some of the common use cases where Swift codes play a crucial role.

1. International Wire Transfers: When sending money overseas, banks rely on Swift codes to identify the recipient’s financial institution accurately.

The sender’s bank uses the Swift code of the recipient’s bank to ensure that the funds are routed to the correct destination. This helps in reducing errors and streamlining the transfer process.

2. Foreign Currency Exchange: Swift codes facilitate foreign currency exchange by connecting banks with correspondent banks that handle currency conversions.

When exchanging currency in a different country, Swift codes ensure the smooth flow of funds and enable efficient conversions. 3.

International Trade Finance: Swift codes play a vital role in international trade finance. They enable banks to communicate with each other securely, facilitating activities such as issuing letters of credit, verifying trade documents, and ensuring the smooth movement of goods and funds across borders.

4. Correspondent Banking Relationships: Correspondent banks maintain relationships with other banks around the world to offer efficient and cost-effective cross-border services.

Swift codes assist in establishing these relationships, providing secure channels for correspondent banks to communicate and collaborate with each other. 5.

Interbank Communication: Swift codes facilitate secure messaging between banks, enabling them to exchange information related to transactions, compliance, and regulatory requirements. This ensures that banks can effectively communicate and collaborate, enhancing the overall efficiency of the global banking network.


Punjab National Bank (E-OBC) is a trusted and customer-centric branch of Punjab National Bank, contributing to India’s vibrant banking landscape. Offering a wide range of banking services and ensuring seamless connectivity with other financial institutions worldwide through Swift codes, PNB (E-OBC) is committed to providing secure and efficient banking experiences for its customers.

Swift codes are crucial in enabling secure international transactions and facilitating various banking activities, such as wire transfers, foreign currency exchange, international trade finance, and interbank communication. Understanding the purpose and uses of Swift codes empowers individuals and businesses to navigate the global financial network with ease.

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