In today's globalized banking landscape, cross-border fund transfers have become increasingly common. Selecting the correct bank code is crucial to ensure seamless transactions. For instance, if you need to transfer funds from overseas to Dutch-Bangla Bank PLC in Bangladesh, how can you guarantee the money arrives safely and accurately? The answer lies in understanding and using the correct SWIFT/BIC code.
The SWIFT code for Dutch-Bangla Bank PLC is DBBLBDDH106 . Since its establishment, the bank has been committed to providing high-quality banking services, facilitating secure fund transfers and convenient transactions for its customers. Key details about the bank include:
- Name: Dutch-Bangla Bank PLC
- City: Narayanganj
- Address: 45 Old S.M. Maleh Road, Narayanganj, Dhaka, 1400
- Country: Bangladesh
The Critical Role of SWIFT Codes
SWIFT codes play an indispensable role in international banking. For cross-border remittances, a SWIFT code serves as the unique identifier that ensures funds reach the intended bank without errors. When transferring large sums internationally, using the correct SWIFT code—such as DBBLBDDH106 for Dutch-Bangla Bank PLC—significantly reduces the risk of transactional mistakes.
Accuracy is paramount when initiating a transfer. The sender must provide precise details, including the recipient's bank name, address, and SWIFT code. Consider a hypothetical scenario where a friend attempts to send money to your account in Bangladesh. If they enter an incorrect SWIFT code, the funds could be routed to the wrong bank, resulting in delays or even permanent loss.
Ensuring Transaction Security
To safeguard your transactions, always verify the SWIFT code before initiating a transfer. Confirm the code's validity and accuracy with either the sending or receiving bank. Dutch-Bangla Bank PLC's SWIFT code, DBBLBDDH106 , is regularly certified and updated, providing customers with confidence when conducting international transfers.
As global economic integration accelerates, the demand for cross-border financial transactions continues to grow. Understanding how to use SWIFT codes not only facilitates faster and more secure transactions but also serves as a critical measure to protect your funds. Whether for personal remittances or corporate transactions, knowing the correct SWIFT code is essential. For Dutch-Bangla Bank PLC, DBBLBDDH106 acts as the secure bridge connecting you to your financial destination.
With this knowledge, you can now conduct international transfers with greater confidence, ensuring your funds reach their intended recipient promptly and securely.