When sending money internationally, ensuring funds reach the recipient's account safely and accurately is a primary concern for both individuals and businesses. Among the critical elements facilitating these transactions is the SWIFT code, which serves as a vital identifier for destination banks.
For those conducting transactions with Mutual Trust Bank PLC. in Bangladesh, the institution's SWIFT/BIC code is MTBLBDDH . Headquartered in Dhaka at 81, 8A Road (New), Dhanmondi, Dhaka 1209, the bank provides secure and efficient financial services, with its SWIFT code playing an essential role in international money transfers.
When to Use MTBLBDDH
The SWIFT code is mandatory for both sending and receiving international payments, guaranteeing that transactions are routed correctly to Mutual Trust Bank PLC. Whether for personal remittances or corporate transfers, using the accurate SWIFT/BIC code prevents errors and processing delays.
Before initiating a transfer, it is advisable to verify the following details:
- The exact SWIFT code (MTBLBDDH)
- The recipient bank's full name and address
- The recipient's account number and personal details
Additional Considerations
SWIFT codes may occasionally be updated, so confirming the current information before processing a transaction is crucial. Should any discrepancies or questions arise during the transfer process, contacting the bank directly for clarification is recommended.
By ensuring all details—particularly the SWIFT code—are correct, senders can facilitate smooth cross-border transactions, minimizing risks and ensuring timely delivery of funds.