When conducting international money transfers, ensuring the secure and efficient delivery of funds to the intended recipient account is paramount. The SWIFT code serves as a unique identifier for global interbank transactions, playing a crucial role in this process. For transfers involving DHAKA BANK PLC , the SWIFT code DHBLBDDH109 should be used to guarantee the smooth movement of funds between financial institutions.
Understanding DHAKA BANK PLC's SWIFT Code
Customers of DHAKA BANK PLC should be particularly aware of their bank's SWIFT code details. The bank is headquartered at MOMTAZ PLAZA, FLOOR 1, 4 7 ROAD, DHANMONDI RESIDENTIAL AREA, DHAKA, DHAKA, 1205, BANGLADESH . Utilizing the correct SWIFT code DHBLBDDH109 not only ensures accurate fund routing but also minimizes risks of transfer delays or failures due to input errors.
SWIFT Code Structure and Global Standards
SWIFT (Society for Worldwide Interbank Financial Telecommunication) codes consist of 8 to 11 alphanumeric characters following a standardized format: the first four characters represent the bank code, followed by two-character country code, then two-character location identifier, with optional three-character branch code. DHAKA BANK PLC's code DHBLBDDH109 adheres perfectly to this international convention.
As global financial transactions continue to grow in volume and complexity, attention to detail becomes increasingly critical. Recent industry data indicates steady growth in international remittances, accompanied by heightened customer focus on fund management practices. Proper SWIFT code usage enables customers to not only facilitate successful transactions but also access enhanced financial services.
Maintaining Code Accuracy and Security
DHAKA BANK PLC maintains rigorous protocols for regularly verifying and updating its SWIFT code information. This commitment to data integrity allows customers to rely on trustworthy and secure identification codes when transferring funds, providing protection against potential financial risks.
In today's interconnected financial landscape, correct SWIFT code implementation represents an essential component of international transactions. When initiating cross-border payments involving DHAKA BANK PLC, remembering the SWIFT code DHBLBDDH109 ensures funds reach their intended destination while safeguarding financial security.