Federal Bank opened its IFSC Banking Unit (IBU) at GIFT City in November 2015. An IBU is set up and operates like an Overseas Branch of Federal Bank Limited, India. It facilitates a base for world class International Banking services in the country. Federal Bank IBU caters to both domestic and international clients for their various requirements and has executed transactions in various segments like manufacturing, metals, media & entertainment, health care, electrical, food, construction, retail etc.
Gujarat International Finance Tec (GIFT) City is India’s first International Financial Service Center (IFSC) located at Gandhinagar, Gujarat. IFSC in GIFT City is conceptualized and designed at par with other global financial centers operating in various parts of the world viz. DIFC Dubai, ADGM, Singapore, Hong Kong, City of London etc.
| Correspondent Bank Name | Standard Chartered Bank, New York, NY US |
|---|---|
| Beneficiary Name | FEDERAL BANK LIMITED, THE GUJARAT INTERNATIONAL FINANCE TEC CITY, GUJARAT, IN, SWIFT: FDRLINAAXXX |
| Beneficiary IBAN / Account Number | 3582021646003 |
| SWIFT- Correspondent Bank Name | SCBLUS33XXX |
| Correspondent Bank Name | Deutsche Bank AG, Frankfurt |
|---|---|
| Beneficiary Name | FEDERAL BANK LIMITED, THE GUJARAT INTERNATIONAL FINANCE TEC CITY, GUJARAT, IN SWIFT: FDRLINAAXXX |
| Account Number | 953479310 |
| IBAN | DE39500700100953479310 |
| SWIFT- Correspondent Bank Name | DEUTDEFF |
| Correspondent Bank Name | Standard Chartered Bank, London |
|---|---|
| Beneficiary Name | FEDERAL BANK LIMITED, THE GUJARAT INTERNATIONAL FINANCE TEC CITY, GUJARAT, IN, SWIFT : FDRLINAAXXX |
| Account Number | 01270816701 |
| IBAN Number | GB08SCBL60910412708167 |
| SWIFT- Correspondent Bank Name | SCBLGB2L |
| Correspondent Bank Name | ANZ BANKING GROUP LTD, MELBOURNE |
|---|---|
| Beneficiary Name | FEDERAL BANK LIMITED, THE GUJARAT INTERNATIONAL FINANCE TEC CITY, GUJARAT, IN, SWIFT : FDRLINAAXXX |
| Beneficiary IBAN / Account Number | 944439AUD00001 |
| SWIFT- Correspondent Bank Name | ANZBAU3M |
| Correspondent Bank Name | Mashreq Bank Psc, Dubai |
|---|---|
| Beneficiary Name | FEDERAL BANK LIMITED, THE GUJARAT INTERNATIONAL FINANCE TEC CITY, GUJARAT, IN, SWIFT : FDRLINAAXXX |
| Account Number | 019030000169 |
| IBAN | AE800330000019030000169 |
| SWIFT- Correspondent Bank Name | BOMLAEAD |
| Correspondent Bank Name | Standard Chartered Bank, Tokyo, Japan |
|---|---|
| Beneficiary Name | FEDERAL BANK LIMITED, THE GUJARAT INTERNATIONAL FINANCE TEC CITY, GUJARAT, IN SWIFT: FDRLINAAXXX |
| Beneficiary IBAN / Account Number | 30004521110 |
| SWIFT- Correspondent Bank Name | SCBLJPJTXXX |
| Correspondent Bank Name | Bank of America, Zurich, Switzerland |
|---|---|
| Beneficiary Name | FEDERAL BANK LIMITED, THE GUJARAT INTERNATIONAL FINANCE TEC CITY, GUJARAT, IN SWIFT: FDRLINAAXXX |
| Account Number | 51053018 |
| IBAN | CH1608726000051053018 |
| SWIFT- Correspondent Bank Name | BOFACH2X |
A Wealth of Information: Explore Our Blog Articles
Seize the International Advantage: Investing in Foreign Currency Savings Accounts
In past decades, international financial transactions were lengthy and complex. Today, as global personal connections expand, the need to simplify and streamline cross-border payments has become increasingly vital.
Learn More
Maximizing your Investments with Foreign Currency Fixed Deposits
A Foreign Currency Fixed Deposit (FCFD) is a secure investment option for both residents and NRIs, allowing NRIs to invest in various foreign currencies through Indian banks.
Learn More
Banking in Global Currencies: Unleashing the Potential of Foreign Currency Retail Accounts
With Federal Bank's IBU Gift City products like foreign currency retail accounts, global financial transactions have been easier than ever before. Let’s take a look at the diverse benefits they offer in international banking.
Learn More