ACE Money Transfer
ACE Money Transfer
23 Oct 2026
Jammu and Kashmir Bank (often called Kashmir Bank or Kashmir Bank Ltd) handles international money transfers through the SWIFT network using codes built on the pattern JAKAINBB plus a 3-letter branch code. If you want to send money to a recipient's account at this bank, or you are the recipient waiting for funds from abroad, this guide covers every code detail you need, the step-by-step ACE Money Transfer process, and answers to common questions about fees, timing, and branch-specific routing.
Jammu and Kashmir Bank uses the SWIFT BIC code JAKAINBB followed by a 3-letter branch code for international transfers. For example, JAKAINBBAGR identifies the Gandhi Plaza branch in Jammu, while JAKAINBBPOL identifies Polo View in Srinagar. The bank's head office or generic code is JAKAINBBXXX, where XXX acts as a default when no particular branch is specified.
Senders abroad need five pieces of information to complete a transfer: the recipient's full name as recorded by the bank, the J&K Bank account number, the correct SWIFT BIC code for the specific branch, the branch address in India (city and PIN code), and the currency (typically INR).
ACE Money Transfer offers an alternative to traditional bank wires for international remittances. Senders can route funds to Jammu and Kashmir Bank accounts through bank deposit, cash pickup, or mobile wallet options in India, often without needing to manually enter SWIFT or BIC codes.
This article breaks down every component of the JAKA bank code, country code, location code, and branch code for branches in Srinagar, Jammu, Ahmedabad, Indore, Baramulla, Leh, and related offices.
A frequently asked questions section at the end addresses whether ACE Money Transfer requires you to enter SWIFT codes manually, how to verify your branch code, and what to do when a transfer is delayed.
International money transfers through Jammu and Kashmir Bank typically rely on the SWIFT network. Senders can either initiate a traditional wire transfer through their overseas bank or use an online remittance platform like ACE Money Transfer to move funds into a Kashmir Bank Ltd account in India.
Here is the basic flow of a standard bank wire to a J&K Bank account:
The sender in another country initiates a transfer at their local bank or online banking portal.
The sender provides the correct SWIFT code (for example, JAKAINBBXXX for the bank's head office, or a branch-specific code like JAKAINBBPOL for Polo View, Srinagar).
The sending bank routes the payment through one or more intermediary banks. Processing times for international transfers can be affected by these intermediary banks and compliance screenings. Intermediary banks may apply additional routing fees, which can reduce the amount received. These charges vary by bank and transfer arrangement.
Funds are credited to J&K Bank’s correspondent or Nostro account, depending on the transfer arrangement.
J&K Bank credits the beneficiary's local account using India's domestic payment systems: NEFT, RTGS, or IMPS.
International wire transfer times vary depending on the destination, currency, intermediary banks, and processing requirements.
Full recipient name as per bank records.
J&K Bank account number (typically 12 to 16 digits)
SWIFT BIC code of the specific branch (inward remittances require providing account details, including the SWIFT/BIC code)
Bank name: "Jammu and Kashmir Bank Ltd"
Branch address with city and PIN code (for example, Gandhi Plaza, Jammu, 180004 or Polo View, Srinagar, 190001)
Currency: usually Indian Rupees (INR)
Incorrect banking details may lead to rejection or delays of transactions, so double-check every field before confirming.
Several RBI regulations apply to international transfers involving J&K Bank:
A Permanent Account Number (PAN) is mandatory for remitters as per RBI regulations.
Documentation requirements vary depending on the purpose of the transfer as per RBI guidelines. Family support, education fees, and medical expenses each carry different paperwork.
Under the RBI’s LRS framework, resident individuals can remit up to US$250,000 per financial year for permitted transactions, subject to applicable rules. (RBI Master Direction, updated 6 September 2024; checked 22 October 2026.)
TCS rates and thresholds depend on the purpose of the remittance and current tax rules. Check the latest Income Tax Department guidance before including specific figures.
Outward remittance fees vary by bank, transaction type, and amount. Check J&K Bank’s current schedule of charges before quoting fees.
Documentation and processing requirements for outward remittances depend on the transaction and the bank’s current procedures. Confirm requirements with J&K Bank before proceeding.
Foreign exchange conversion rates and applicable margins may vary by currency and transaction. Refer to J&K Bank’s current forex charges and rates for details.
Many NRIs and migrant workers send money to family in Jammu, Srinagar, Baramulla, Leh, or other parts of India. Using the right bank and branch details, along with accurate code details, helps ensure your money reaches the right place without delays.
Online remittance providers such as ACE Money Transfer offer bank deposits and other payout options, with delivery times varying by destination and payment method. Rates and fees may vary. Visit acemoneytransfer.com for current rates and fees.
SWIFT codes identify banks for international money transfers. A SWIFT code (also called a BIC code) consists of 8 to 11 characters that pinpoint a specific bank and branch anywhere in the world. You need a SWIFT code to send money internationally to any Kashmir Bank branch. Each bank branch has a unique SWIFT code for transfers, though some smaller branches may share a regional or head-office code.
The structure of Jammu and Kashmir Bank's SWIFT codes follows a consistent pattern. SWIFT codes are 8 to 11 characters long, broken into four parts:
The first 4 characters represent the bank code: JAKA identifies Jammu and Kashmir Bank Ltd.
The next 2 characters indicate the country code: IN confirms that the bank is located in India.
The following 2 characters show the location code: BB points to the primary registered location of the bank.
The last 3 characters specify the branch code: three letters like AGR, AHD, ARC, AZD, BDR, LEH, or POL give the exact branch in the SWIFT network.
Here are concrete examples of Kashmir Bank SWIFT codes, each linked to a city and address:
JAKAINBBAGR: Jammu and Kashmir Bank Ltd, Gandhi Plaza branch, Jammu, PIN 180004, India.
JAKAINBBAHD: Jammu and Kashmir Bank Ltd, Parisma Complex, Ahmedabad, PIN 380006, India. JAKAINBBAHD is for Ahmedabad branch.
JAKAINBBARC: Jammu and Kashmir Bank Ltd, Upper Ground, Diamond Trade Centre, Indore, PIN 452001, India. JAKAINBBARC is for Indore branch.
JAKAINBBAZD: Jammu and Kashmir Bank Ltd, registered at a floor 5 address in Srinagar, PIN 190001. Some sources also list this as a Mumbai-related office for international routing. JAKAINBBAZD is for Mumbai branch.
JAKAINBBBDR: Jammu and Kashmir Bank Ltd, Ahmed Complex Park Road, Baramulla, PIN 193101, India. JAKAINBBBDR is for Baramulla branch.
JAKAINBBLEH: Jammu and Kashmir Bank Ltd, Leh main market branch in the Ladakh region of India. JAKAINBBLEH is for Leh branch.
The head office or generic SWIFT for J&K Bank appears as JAKAINBBXXX. Jammu and Kashmir Bank's SWIFT code is JAKAINBBXXX. The XXX acts as a default branch code for the main office location. Some international banks use this generic code when they do not know the particular branch, but specifying the correct branch code reduces the risk of misrouting.
People sometimes say "Kashmir Bank SWIFT code" or "Kashmir Bank BIC." These refer to the same identifier. SWIFT code and BIC code are interchangeable terms for international money transfers to J&K Bank.
Always verify the exact SWIFT BIC and branch code with your local Jammu and Kashmir Bank branch or on the bank's official website before sending or receiving money, especially for high-value transfers. Codes can change, and new branches may be added over time.
Below is a quick-reference list mapping branch codes to actual locations. Use this to identify which code applies to your recipient's branch:
AGR: Branch code for Gandhi Plaza, Jammu (JAKAINBBAGR), serving customers in Jammu city and surrounding areas.
AHD: Branch code for Parisma Complex, Ahmedabad (JAKAINBBAHD), useful for customers sending or receiving money via Kashmir Bank's Gujarat presence.
ARC: Branch code for Upper Ground, Diamond Trade Centre, Indore (JAKAINBBARC), covering Indore and parts of Madhya Pradesh.
AZD: Branch or office in Mumbai or registered Srinagar location under code JAKAINBBAZD, used as one of the Mumbai/Srinagar related international access points.
BDR: Branch code for Ahmed Complex Park Road, Baramulla (JAKAINBBBDR), serving Baramulla district in Jammu and Kashmir.
LEH: Branch code for Leh (JAKAINBBLEH), covering Ladakh's popular tourist and strategic region.
POL: Branch code for Polo View, Srinagar (JAKAINBBPOL), one of the key city branches in Srinagar, Kashmir.
While many branches have unique SWIFT BIC codes, some smaller locations rely on a regional or head-office SWIFT such as JAKAINBBXXX. Customers should confirm with their local branch which code to use when receiving money from abroad.
A quick note on terminology: the location code in the SWIFT format (the "BB" in JAKAINBBXXX) is different from the country code (IN) and the branch code (for example, LEH). All three pieces appear together in the final J&K Bank SWIFT string, but each serves a distinct purpose. The letters BB do not refer to a branch; they identify the bank's primary registered location.
Instead of manually entering SWIFT BIC codes and filling out complex international wire forms at a bank counter, senders can use ACE Money Transfer to route remittances to recipients who bank with Jammu and Kashmir Bank in India. ACE handles the routing in the background, so the process is easy for both the sender and recipient.
Here is how a transfer works through ACE Money Transfer, step by step:
Step 1: Register or log in to ACE Money Transfer online using your email, Google, or Apple ID. Complete the KYC verification with a photo ID and proof of address.
Step 2: Choose India as the destination country and select your preferred payout method: bank deposit to Jammu and Kashmir Bank, mobile wallet (where supported), or cash pickup at authorised partner locations.
Step 3: Enter the recipient's details accurately: full name as it appears on their bank account, Jammu and Kashmir Bank account number (for bank deposit), and contact numbers.
Step 4: Select your payment method. Options include debit card, credit card, or online bank transfer, depending on what is available in your sending country.
Step 5: Add a payment reason (family support, education fees, medical expenses, or another applicable category). Review the exchange rate and fees displayed on screen. Confirm that all bank and recipient details are correct, then click “Pay Now.” Exchange rates fluctuate and the rate you receive may differ from any rates quoted. Always check the live rate at acemoneytransfer.com before sending.
Step 6: Track your transaction in real time using the reference tracking number provided by ACE. You can monitor when the money is paid out to the beneficiary in India.
Bank Deposit: ACE Money Transfer routes funds to major partner banks in India. Jammu and Kashmir Bank accounts receive these deposits as regular bank credits once ACE's local banking partners process the transaction. Processing times vary depending on the transfer method, destination, and relevant checks. Rates and fees may vary. Visit acemoneytransfer.com for current rates.
Cash Pickup: Recipients collect money in cash at designated bank branches or partner outlets. This option is ready for people living near Jammu, Srinagar, Leh, Baramulla, or other service points, even if they do not hold a Kashmir Bank account.
Mobile Wallet: Where available, mobile wallet payouts allow recipients to receive funds in supported digital wallets, offering an alternative to bank accounts and branch collection. Rates and fees may vary. Visit acemoneytransfer.com for current rates.
Transfer times vary by destination and payment method. Check the estimated delivery time before sending. Rates and fees may vary. Visit acemoneytransfer.com for current rates.
Fees and the foreign exchange margin are displayed before you confirm, so there are no surprises.
Online account management, digital receipts, and real-time tracking for senders.
No need for the sender to manually enter SWIFT or BIC codes in many corridors, as ACE handles routing and partner bank selection in the background.
Consider these factors before you transfer:
The country you are sending money from (UK, EU, Gulf states, North America) and the corridors ACE supports to India.
Your preferred payout method: direct bank deposit into Jammu and Kashmir Bank, cash pickup, or mobile wallet.
Your priorities among speed, cost, and convenience. A traditional SWIFT bank transfer gives you direct bank-to-bank routing with full SWIFT message tracking. ACE Money Transfer provides an online service for sending international remittances, with available payment methods, fees, exchange rates, and delivery times varying by destination.
For most bank-to-bank international wire transfers, yes. The sender's bank will ask for a SWIFT BIC code such as JAKAINBBAGR or JAKAINBBXXX. J&K Bank's own "Remittance from Abroad" page lists the SWIFT code JAKAINBB as a required field in its sample instructions for overseas banks. However, when using online remittance platforms like ACE Money Transfer, the sender usually only needs the recipient's bank name, account number, and sometimes branch details. ACE manages the SWIFT routing in the background, so the recipient does not need to provide these codes to the sender.
No. For Jammu and Kashmir Bank, "SWIFT code" and "BIC code" refer to the same identifier. JAKAINBBLEH, JAKAINBBAHD, and similar strings are both SWIFT and BIC codes used globally to identify the bank and its branches in India. The terms are interchangeable across all banking and remittance platforms.
Check your bank passbook or account statement; branches typically print their branch address and code on these documents. You can also visit your local branch and ask, or use the official Jammu and Kashmir Bank website's branch locator. Check J&K Bank’s official resources or contact the bank directly to confirm the correct SWIFT/BIC and branch details before making a transfer. Avoid relying on outdated third-party lists, and always confirm the code before a high-value transfer.
Yes. With ACE Money Transfer, the sender typically enters only the recipient's full name, Jammu and Kashmir Bank account number for bank deposit, and selects India as the destination country. ACE and its banking partners handle the SWIFT BIC and routing details, which makes the process simpler for both sender and recipient. The sender does not need to look up or type any SWIFT code.
First, confirm with your local J&K Bank branch whether the funds have arrived in the bank's correspondent or Nostro account. Ask the sender to verify that they used the correct account number, bank name, and SWIFT BIC code. If the transfer was sent via ACE Money Transfer, check the transaction status using the tracking number in the ACE app or website, and contact ACE support with your reference number if needed. Delays often stem from compliance checks, incorrect branch codes, missing purpose codes, or bank holidays in either the sending or receiving country. For large remittances, additional documentation may be required under RBI foreign exchange regulations.
Disclaimer: This article is intended for general informational and educational purposes only and should not be construed as legal, regulatory, tax, business, or financial advice. While reasonable efforts have been made to ensure that all facts, figures, and data are accurate and valid as of the date of publication, no warranty or guarantee is given as to the ongoing completeness, accuracy, or currency of the information.
The content is based on information available at the time of publication. Regulations, government policies, market conditions, and service offerings may change over time and vary across jurisdictions and providers. As a result, some information may no longer be current or applicable. Readers should independently verify all information and consult qualified professional advisors before making any financial, legal, or business decisions.
