When sending money internationally, the accuracy of the SWIFT code is crucial. If you plan to transfer funds to DUTCH-BANGLA BANK PLC., knowing its SWIFT code— DBBLBDDH102 —will help ensure a smoother transaction process.
Imagine sending money to support a friend’s business venture, only for the funds to be delayed due to a minor error. Such situations are not uncommon, especially in international transfers. Each bank has a unique SWIFT code, which serves as an identifier for moving funds between financial institutions globally. For DUTCH-BANGLA BANK PLC., the code DBBLBDDH102 contains all the necessary details for successful transactions.
1. Understanding the SWIFT Code Structure
A SWIFT code typically consists of 8 to 11 characters, each segment providing specific information:
- DBBL – The bank code for DUTCH-BANGLA BANK PLC.
- BD – The country code for Bangladesh.
- DH – The location code for the bank’s headquarters.
- 102 – An optional branch identifier, if applicable.
2. Ensuring Accurate Information
When making an international transfer, entering the correct SWIFT code is essential. DBBLBDDH102 ensures that funds reach the intended branch of DUTCH-BANGLA BANK PLC. without unnecessary delays. Double-checking details such as the recipient’s account number, bank name, and country is equally important to avoid errors.
3. Account Setup and Transfer Process
Customers looking to send money to DUTCH-BANGLA BANK PLC. should first verify the bank’s account requirements. For those outside Bangladesh, transfers can be initiated through an international bank. In addition to the SWIFT code, providing the recipient’s account details is necessary for the funds to be credited correctly.
4. Security in International Transfers
The SWIFT network facilitates secure and efficient cross-border transactions. The SWIFT code acts as a safeguard, ensuring funds are routed accurately. When using DBBLBDDH102 , senders can track the transfer in real-time, adding an extra layer of transparency and security.
5. Common Issues and Solutions
Delays or errors may arise during international transfers, often due to incorrect recipient details or missing information. Before initiating a transfer, confirming all details with the relevant banks is advisable. Reviewing the bank’s official guidelines on fees and documentation requirements can help streamline the process.
In summary, correctly using the SWIFT code DBBLBDDH102 is critical for seamless international transfers to DUTCH-BANGLA BANK PLC. Properly verifying recipient and bank details minimizes risks and ensures funds reach their destination efficiently.