In today's globalized financial landscape, cross-border remittances have become an essential part of daily life. When sending funds to Bangladesh with Dhaka Bank PLC as the recipient, understanding its SWIFT code is crucial to ensure accurate and secure transactions.
Dhaka Bank PLC's SWIFT/BIC Code
The SWIFT/BIC code for Dhaka Bank PLC is DHBLBDDH102 . This unique identifier in the international banking system helps distinguish specific financial institutions, guaranteeing that transfers reach the intended bank safely and efficiently. The complete details of the bank are as follows:
- Bank Name: Dhaka Bank PLC
- City: Dhaka
- Address: 8, 2 North South Road, Bangshal Lane, Dhaka 1000
- Country: Bangladesh
When to Use SWIFT Codes
SWIFT codes serve multiple purposes beyond sending international payments. They are equally important when receiving funds from abroad or conducting cross-border transactions. Providing the correct code— DHBLBDDH102 —ensures smooth processing and minimizes the risk of funds being misdirected.
In international banking, SWIFT codes play a critical role in preventing errors. Each code is exclusive to a financial institution, eliminating the possibility of transfers being routed to the wrong bank. Additionally, accurate SWIFT details expedite processing times, reducing unnecessary delays.
Why Accuracy Matters
Mistakes in SWIFT codes can lead to failed transactions or funds being sent to unintended recipients. Verifying the correct code before initiating a transfer safeguards both the sender and the recipient, ensuring a seamless financial transaction.
For anyone conducting international remittances to Dhaka Bank PLC, confirming the SWIFT code DHBLBDDH102 is a fundamental step toward secure and efficient fund transfers. This attention to detail provides peace of mind and enhances the reliability of global financial transactions.