083-890 Bank Code

3 min read Jul 11, 2024
083-890 Bank Code

Bank Code 083-890: What Does it Mean?

Are you wondering what the bank code 083-890 is all about? If you've received a payment or need to make a transaction, understanding this code is crucial. In this article, we'll explore what this code represents and how it's used in banking transactions.

What is a Bank Code?

A bank code, also known as a routing number or sort code, is a unique identifier assigned to a specific bank or financial institution. It's used to facilitate transactions, ensuring that payments are directed to the correct bank and account.

Breaking Down the Code 083-890

Let's dissect the code 083-890:

  • 083: This represents the bank code or routing number, which identifies the bank or financial institution.
  • 890: This is the branch code, which specifies the particular branch of the bank where the account is held.

Which Bank Does the Code 083-890 Belong To?

The bank code 083-890 belongs to Bank Mandiri, one of the largest banks in Indonesia. Specifically, it corresponds to the Kelapa Gading branch of Bank Mandiri.

How is the Code 083-890 Used?

This code is essential for various banking transactions, including:

  • Account transfers: When transferring funds from one account to another, the recipient's bank code and branch code are necessary to ensure accurate processing.
  • Bill payments: When paying bills or invoices, the payer needs to provide the correct bank code and branch code to facilitate the payment.
  • Salary payments: Employers use the bank code and branch code to deposit salaries into employees' accounts.

Conclusion

In conclusion, the bank code 083-890 is a unique identifier that represents Bank Mandiri's Kelapa Gading branch. Understanding this code is vital for ensuring accurate and successful transactions. Remember to always verify the bank code and branch code when conducting transactions to avoid any errors or delays.

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