ACE Money Transfer
ACE Money Transfer
22 Oct 2026
Planning an international money transfer with Dhanlaxmi Bank starts with the right banking details. From identifying the correct SWIFT code and branch information to understanding transfer charges and processing times, a little preparation can help you avoid delays and unexpected costs. This guide walks you through the key details and explores alternative ways to send money abroad, helping you compare your transfer options.
To send money to Dhanlaxmi Bank Limited in India, you need four pieces of information: the recipient's full name (as registered with the bank), their account number, the correct SWIFT code, and the branch name or address. SWIFT codes identify specific banks for international transfers and consist of 8 to 11 characters. The first four characters of a SWIFT code represent the bank.
Dhanlaxmi Bank's head office is located in Thrissur, India, and its main SWIFT code is DLXBINBBXXX. SWIFT codes ending in XXX refer to the head office. Use this code for standard international transfers unless a branch-specific code applies.
Key branch SWIFT codes include:
DLXBINBBDEL for New Delhi (Connaught Place)
DLXBINBBHYD for Hyderabad (Abids)
DLXBINBBIFB for Kochi (International Finance Branch)
DLXBINBBKPM for Bengaluru
DLXBINBBMDS for Chennai (Anna Salai)
DLXBINBBTPR for Tiruppur
You can send money internationally through your bank’s SWIFT transfer option or compare it with a specialist platform such as ACE Money Transfer by reviewing the applicable fees and exchange rates. For a bank transfer, log in, select international transfer, enter the recipient’s Dhanlaxmi Bank details (including the correct SWIFT code), review the charges and exchange rate, and submit your request. Dhanlaxmi Bank’s official remittance information lists its overseas correspondent arrangements for several foreign currencies. Confirm the supported currency and transfer options with the bank before sending.
Dhanlaxmi Bank Limited is a private sector Indian bank headquartered in Thrissur, Kerala. The bank offers a range of services for Non-Resident Indians, including foreign currency accounts, foreign currency cash and cheque deposits, and trade finance. Dhanlaxmi Bank's international payment services include personal remittances and trade transfers, and its trade finance services support import payments and export financing.
Dhanlaxmi Bank and Dhanlaxmi Bank Limited refer to the same institution. It participates in the Society for Worldwide Interbank Financial Telecommunication (SWIFT) network and uses standardised SWIFT BIC codes for cross-border payments. Foreign inward remittances allow customers to securely receive funds from overseas accounts. Dhanlaxmi Bank operates under applicable Reserve Bank of India (RBI) regulations and the Foreign Exchange Management Act (FEMA). ACE Money Transfer Limited is authorised by the UK Financial Conduct Authority (FCA) as an Authorised Payment Institution under Firm Reference Number 506692, as listed on the FCA Financial Services Register.
Unique SWIFT codes across branches help Dhanlaxmi Bank route international transfers accurately to locations across India. SWIFT codes, addresses, and availability can change; always verify with Dhanlaxmi Bank or your sending bank before initiating any international payments.
Understanding how DLXBINBBXXX is structured helps you avoid costly mistakes when transferring money. SWIFT codes consist of 8 to 11 characters, each segment serving as a unique identifier:
DLXB is the 4-letter bank code, an abbreviation indicating Dhanlaxmi Bank Limited in the SWIFT system.
IN is the 2-letter country code, following ISO standards to identify India.
BB is the 2-character location code that identifies the bank's head office registration location.
XXX is the 3-character branch code. In this standard format, XXX indicates the head office. It is optional; omitting it still routes to the head office.
When a code ends in DEL, HYD, IFB, KPM, MDS, or TPR instead of XXX, it points to a specific branch in that city. Using an incorrect branch code can cause routing delays, extra compliance checks, or rejection. If you are unsure which code to use, ask the recipient for the exact code printed on their bank statement or provided by local branch staff.
Two primary options exist for sending money to Dhanlaxmi Bank accounts: traditional bank SWIFT transfers and online remittance platforms like ACE Money Transfer.
Traditional bank SWIFT transfer process: Log in to your online banking or visit a branch. Choose "International Transfer." Enter the recipient's Dhanlaxmi Bank account number and full name. Input the correct SWIFT code (DLXBINBBXXX or a city-specific code). Confirm the transfer currency (often INR). Review fees, FX rate, and estimated delivery time before confirming.
Traditional banks typically charge flat outgoing wire fees and a markup on the foreign exchange rate. International transfer costs can include transaction fees and an exchange-rate margin. Costs vary by provider and transaction, so compare the applicable fees and exchange rates before sending, as explained in the FCA’s international payment pricing guidance. Financial institutions establish correspondent accounts to facilitate international payments, and intermediary banks may charge additional fees. SWIFT transactions typically take 1 to 3 working days to process. Transfer fees vary by amount and method.
ACE Money Transfer process: Register or log in using email, Google, or Apple ID. Choose your sending country and India as the destination. Select a payout method: bank deposit into Dhanlaxmi Bank, mobile wallet where supported, or cash pickup at partner banks. Enter the recipient's details, including their full name, account number, and bank name (Dhanlaxmi Bank Limited). Add the SWIFT code if required. Select a payment method (debit card, credit card, or online bank transfer). Add a reason for payment (family support, tuition, medical) and confirm all details. Click "Pay Now" and use the reference tracking number to monitor the transfer in real time.
ACE Money Transfer offers bank deposit (direct credit to Dhanlaxmi Bank accounts across India), mobile wallet (instant credit to supported digital wallets), and cash pickup (over-the-counter collection at authorised partner branches). Rates and fees may vary. Visit acemoneytransfer.com for current rates.
Consider your own corridor (UK to India, Europe to India, GCC to India) and preferred payout method when planning your next transfer.
Small mistakes in SWIFT codes or account details cause delays. International wire transfer costs may include transfer fees and an exchange-rate margin. These costs vary by provider and transaction, so compare fees and exchange rates before you transfer. The FCA’s guidance on international payment pricing provides further information for consumers. These steps help you avoid both problems.
Double-check the recipient's name (spelling and order) as registered with Dhanlaxmi Bank Limited. Mismatches trigger KYC compliance holds. For outward remittances from India, banks and authorised dealers may request identity, KYC and supporting documents depending on the transaction and applicable requirements. The Reserve Bank of India’s Liberalised Remittance Scheme (LRS) guidelines outline the requirements for remittances permitted to resident individuals.
Confirm the exact SWIFT BIC code and correct branch code (DEL, HYD, TPR, etc.) before sending. Use official sources: Dhanlaxmi Bank's website, bank statements, or direct confirmation from the branch.
Sending in INR rather than your local currency can reduce double-conversion costs, depending on the remittance service and corridor.
Compare total costs (FX rate plus transfer fee) between your domestic bank and ACE Money Transfer. The cheaper option depends on the amount and corridor.
Frequent senders (NRIs sending monthly to family) benefit from saved recipient templates on ACE Money Transfer to minimise data-entry errors.
When sending money internationally, use a provider authorised or registered by the relevant financial regulator for the services it offers in the applicable jurisdiction. ACE Money Transfer Limited is authorised by the UK Financial Conduct Authority (FCA) as an Authorised Payment Institution under Firm Reference Number 506692.
Enable two-factor authentication on both ACE Money Transfer and your bank accounts. Never share passwords or OTPs.
Dhanlaxmi Bank offers foreign outward remittance for legal purposes under RBI's Liberalised Remittance Scheme. Under the Reserve Bank of India’s (RBI) Liberalised Remittance Scheme (LRS), resident individuals may remit up to USD 250,000 per financial year (April–March) for permitted transactions, subject to applicable conditions and exceptions. Regulations may change. Please verify current requirements with an authoritative source, such as the RBI’s official LRS guidelines. These guidelines cover permissible remittances for education, medical treatment, and supporting relatives.
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.
