Canara Bank SWIFT Code: CNRBINBB

Canara Bank SWIFT Code: CNRBINBB

The SWIFT/BIC code for Canara Bank is CNRBINBB. CNRB identifies Canara Bank, IN stands for India, and BB is the location code for Bangalore (Bengaluru). This code routes international wire transfers to Canara Bank accounts across India.

Canara Bank is one of India's largest public sector banks, founded in 1906 in Mangalore. After merging with Syndicate Bank in 2020, Canara Bank operates over 10,000 branches nationwide. The bank is headquartered in Bangalore and is a significant player in South Indian commercial and agricultural banking.

INR Transfers and Public Sector Banking

Canara Bank handles INR remittances from the Indian diaspora in the Gulf states, the US, UK, Canada, and Australia. The bank's Authorized Dealer (AD) branches process foreign exchange transactions under RBI (Reserve Bank of India) guidelines. NRI (Non-Resident Indian) account holders can receive wires into NRE, NRO, or FCNR deposit accounts.

Incoming international wires to Canara Bank settle within 1 to 2 business days for USD-denominated transfers. INR conversion is applied at the bank's prevailing card rate. Senders must provide the recipient's IFSC code (for branch identification) alongside SWIFT code CNRBINBB for precise routing.

Canara Bank Wire Transfer Fees

Canara Bank charges INR 100 to INR 500 for incoming international wire transfers, depending on the amount. Outgoing international wires cost INR 500 to INR 1,500 plus GST. The bank applies the RBI reference rate for USD-INR conversion, with a small markup for retail transactions.

For government sector clients and agricultural cooperatives, Canara Bank processes development-related inward remittances at subsidized fee levels. Trade finance services for IT services exporters and agricultural commodity traders in Karnataka and Kerala are a core business line.

How Slash fits in

Slash tracks your Canara Bank transactions including NRI remittances, trade finance payments, and INR conversions. Every wire through CNRBINBB is logged with settlement status and IFSC routing details for complete visibility.