In the world of international banking, the SWIFT code plays a crucial role in ensuring secure and efficient cross-border transactions. Have you ever hesitated while filling out bank details for a wire transfer, unsure of how to proceed accurately? Providing the correct SWIFT code not only safeguards your funds but also streamlines the entire process. This article provides a comprehensive overview of the SWIFT code for DHAKA BANK PLC and its practical applications.
Understanding the SWIFT Code: DHBLBDDH101
For DHAKA BANK PLC , the SWIFT/BIC code is DHBLBDDH101 . This unique identifier is essential for pinpointing a specific bank within the global financial system. Breaking it down:
- DHBL represents the bank's name (DHAKA BANK LIMITED).
- BD denotes the country (Bangladesh).
- DH101 further specifies the location, typically indicating the city or branch.
The bank's headquarters is located in Bangladesh's capital, Dhaka, at the following address: ADAMJEE COURT, 115/120, MOTIJHEEL C/A, DHAKA, DHAKA, 1000 . Ensuring this information is accurately provided during international transfers minimizes delays and potential errors.
When Is the SWIFT Code Required?
The code DHBLBDDH101 is necessary when initiating a wire transfer to an account held at DHAKA BANK PLC . Including this code guarantees that funds are routed to the intended recipient without confusion. Most banks mandate the inclusion of a SWIFT code for cross-border transactions to verify the receiving bank's identity.
Before finalizing an international transfer, it is imperative to double-check the SWIFT code for accuracy. An incorrect code may result in funds being sent to the wrong account, leading to complications and delays in recovery. Always confirm that the code matches the recipient's bank, especially when dealing with multiple financial institutions. Many banks publish their latest SWIFT codes on official websites or through customer service channels, offering a reliable source for verification.
Key Takeaways
Familiarizing yourself with the structure and proper use of SWIFT codes instills confidence in international transactions. Whether for personal remittances or business dealings, accurate bank details form the foundation of successful fund transfers. If you plan to send money to DHAKA BANK PLC , adhering to the guidelines outlined here will help ensure a smooth and secure process.