New Delhi: “The IFSC codes of the erstwhile (e) – Syndicate Branches will change with effect from July 1, 2021. Customers have to use the new CANARA IFSC for receiving funds through NEFT/RTGS/IMPS. The new IFSC can be obtained by URL canarabank.com/IFSC.html or accessing the website of Canara Bank or by visiting any Canara Bank Branch. Customers of the erstwhile (e)-Syndicate Bank will have to get new Cheque Books with changed IFSC & MICR codes.
For Foreign Exchange
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.
About Canara Bank:
Widely known for customer centricity, Canara Bank was founded by Shri Ammembal Subba Rao Pai, a great visionary and philanthropist, in July 1906, at Mangaluru, then a small port town in Karnataka. Canara Bank is the fourth-largest public sector bank in the country after its amalgamation with Syndicate Bank in April 2020. At present, it is functioning with 10,491 Branches, 3075 Rural, 3175 Semi-Urban, 2103 Urban & 2138 Metro along with 12973 ATMs throughout. The Bank has gone through various phases of its growth trajectory over the hundred years of its existence.
The growth of Canara Bank was phenomenal, especially after nationalization in the year 1969, attaining the status of a national level player in terms of geographical reach and clientele segments. In June 2006, the Bank completed a century of operation in the Indian banking industry. The eventful journey of the Bank has been characterized by several memorable milestones. Today, Canara Bank occupies a premier position in the comity of Indian banks.
