In global financial transactions, the correct SWIFT/BIC code serves as a critical identifier. For Islami Bank Bangladesh PLC, one of Bangladesh's leading Islamic banks, the designated code is IBBLBDDH025. This identifier plays a vital role in facilitating secure and efficient international money transfers to the institution.
Bank Details
- Bank Name: Islami Bank Bangladesh PLC
- SWIFT/BIC Code: IBBLBDDH025
- City: Chittagong
- Address: Islami Bank Tower, Floor 1, 3 CDA Sheikh Mujibur Rahman Road, Chittagong, 4100, Bangladesh
Financial institutions and individuals initiating transfers to Islami Bank Bangladesh PLC must ensure the accurate inclusion of this SWIFT code on all transaction documents. Verification of recipient details with the receiving party is strongly recommended to prevent processing delays or errors.
The SWIFT/BIC system serves as the backbone of international financial transactions, enabling institutions worldwide to identify counterpart banks with precision. For Islami Bank Bangladesh PLC, the IBBLBDDH025 code functions as an essential gateway for both personal remittances and corporate banking operations.
Transaction Security
Proper use of the designated SWIFT code significantly reduces the risk of payment misrouting. Financial experts emphasize the importance of verifying banking details before initiating transfers, particularly for cross-border transactions involving emerging markets.
The Chittagong-based institution operates under Bangladesh's Islamic banking regulations, requiring all financial products and services to comply with Shariah principles. This compliance framework extends to international transaction processing through the SWIFT network.
As global financial integration continues to expand, the accurate use of standardized bank identifiers remains fundamental to maintaining efficient payment systems. The IBBLBDDH025 code represents Islami Bank Bangladesh PLC's unique designation within this international financial infrastructure.