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Destination country playbook
India
IN / IND
- Currency
- INR
Bank payouts
Receiver and bank fields expected for this destination. Account currency and clearing-system identity are resolved from the quote and routing data.
| Field | Requiredness | Format | Validation pattern | Notes |
|---|---|---|---|---|
INR bank payout payment.instruction.instructedAmount.currency | Required | Fixed value: INR | No corridor-specific pattern | This playbook covers local-currency bank payout into India. |
INR bank payout payment.creditor.account.currency | Required | Fixed value: INR | No corridor-specific pattern | This playbook covers local-currency bank payout into India. |
Creditor Indian bank account payment.creditor.account.accountIdentifierType | Required | Fixed value: BBAN | No corridor-specific pattern | Local INR bank payouts use the beneficiary's domestic bank account number rather than an IBAN. |
Creditor Indian bank account payment.creditor.account.accountId | Required | String | No corridor-specific pattern | Local INR bank payouts use the beneficiary's domestic bank account number rather than an IBAN. |
Creditor bank IFSC payment.creditor.agent.financialInstitutionId.clearingSystemCode | Required | Fixed value: INFSC | No corridor-specific pattern | IFSC is the composite bank-and-branch identifier used to route Indian NEFT, RTGS, and account-based IMPS payments. |
Creditor bank IFSC payment.creditor.agent.financialInstitutionId.clearingSystemMemberId | Required | Length: 11 | ^[A-Z]{4}0[A-Z0-9]{6}$Normalize: Remove Whitespace, Uppercase | IFSC is the composite bank-and-branch identifier used to route Indian NEFT, RTGS, and account-based IMPS payments. |
Creditor bank BIC payment.creditor.agent.financialInstitutionId.bic | Optional | Minimum length: 8; Maximum length: 11 | ^[A-Z]{4}IN[A-Z0-9]{2}([A-Z0-9]{3})?$Normalize: Remove Whitespace, Uppercase | Creditor bank BIC is optional for this payout profile. |
Compliance information
Destination rules that may affect the payout data Axiym validates.
- Cross-border wire-transfer information: Reserve Bank of India — Master Direction - Know Your Customer (KYC) Direction, 2016.
- Resident entity LEI for large FEMA transaction: Reserve Bank of India — RBI/2021-22/137 - Introduction of Legal Entity Identifier for Cross-border Transactions.
These are playbook-level summaries. The payout validation response remains authoritative for the exact instruction and its transaction conditions.