Have you ever felt confused or anxious about international money transfers? Among the multitude of banking codes, the correct SWIFT/BIC code is crucial for seamless transactions. Here’s a breakdown of the SWIFT code DBBLBDDH106 for DUTCH-BANGLA BANK PLC., ensuring your funds reach their destination without a hitch.
Why the SWIFT Code Matters
The SWIFT code DBBLBDDH106 is more than just a combination of letters and numbers—it’s the key to successful international transactions. This code identifies DUTCH-BANGLA BANK PLC., located at 45 (OLD) S.M. MALEH ROAD, NARAYANGANJ, DHAKA, 1400, Bangladesh . Using this valid SWIFT code ensures that your cross-border payments are processed accurately and efficiently.
Decoding the SWIFT Structure
Every SWIFT code follows a specific structure with distinct meanings:
-
DBBL
: Represents the bank’s name (DUTCH-BANGLA BANK PLC.).
-
BD
: Indicates the country (Bangladesh).
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DH
: Specifies the bank’s headquarters location.
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106
: Identifies the specific branch.
This structured format ensures precise identification of the recipient bank and its branch during international transfers. Failing to use the correct SWIFT code may result in delayed transactions or failed transfers, causing unnecessary complications.
Ensuring Smooth Transactions
To guarantee a seamless transfer process, always verify the accuracy of DBBLBDDH106 before initiating or receiving payments. Confirming this critical detail ensures that your funds move effortlessly through the SWIFT network, whether you’re an individual or a business client. Understanding and applying this information is fundamental to success in international financial transactions.