Have you ever felt frustrated by a mistaken bank transfer? In the complex world of international transactions, knowing the correct SWIFT/BIC code of a bank is crucial to ensuring funds reach their intended destination smoothly. Each bank’s code carries unique significance, and the SWIFT/BIC code for DHAKA BANK PLC. is no exception—comprising specific characters divided into distinct sections.
First, a SWIFT/BIC code consists of 8 to 11 characters. For DHAKA BANK PLC., the first four letters (DHBL) represent the bank’s name. The following two letters (BD) indicate the bank’s location in Bangladesh. The subsequent two letters (DH) pinpoint the bank’s primary location, while the final three digits (101) specify a particular branch.
The complete SWIFT/BIC code, DHBLBDDH101, corresponds to DHAKA BANK PLC.’s branch at ADAMJEE COURT. Understanding this structure is essential, as using the correct SWIFT code during international transfers helps prevent delays or misdirected funds.
Before using a SWIFT code, consider the following:
- Verify bank details: Ensure the bank name matches the recipient’s account holder.
- Confirm branch information: If using a branch-specific SWIFT code, double-check that it aligns with the recipient’s branch.
- Check country details: The country code within the SWIFT/BIC must correspond to the recipient bank’s location to avoid processing delays.
In international transactions, attention to detail is paramount. Proper use of DHAKA BANK PLC.’s SWIFT/BIC code ensures funds arrive securely and efficiently. By keeping these guidelines in mind, your transfers will proceed seamlessly, saving both time and effort.