In today's globalized economy, cross-border money transfers have become increasingly common. However, finding the correct SWIFT code for international transactions can be challenging. This article explores the SWIFT code for DUTCH-BANGLA BANK PLC. and provides essential details to ensure smooth and timely transfers.
DUTCH-BANGLA BANK PLC. is a leading financial institution headquartered in Dhaka, Bangladesh, offering modern banking services to individuals and businesses. Its SWIFT/BIC code is DBBLBDDH104 , which must be used for international wire transfers to this bank.
What Is a SWIFT Code and Why Is It Important?
The SWIFT code (Society for Worldwide Interbank Financial Telecommunication) is a standardized identifier issued by the global financial messaging network. It uniquely identifies banks and financial institutions during international transactions, ensuring funds are routed accurately and efficiently.
Key Details About DUTCH-BANGLA BANK PLC.
- Bank Name: DUTCH-BANGLA BANK PLC.
- SWIFT/BIC Code: DBBLBDDH104
- Location: Dhaka, Bangladesh
- Address: 165 Nababpur Road, Dhaka, 1000
When initiating an international transfer to DUTCH-BANGLA BANK PLC., always verify the SWIFT code and bank address with your financial institution to avoid delays. Additionally, confirm any supplementary requirements, such as beneficiary account details or transfer purpose statements.
Tips for Successful International Transfers
Beyond the SWIFT code, consider these factors when sending money abroad:
- Double-check the recipient's account name and number.
- Confirm any additional bank-specific requirements.
- Be aware of transfer fees and exchange rates to optimize costs.
Understanding the correct SWIFT code and banking details for DUTCH-BANGLA BANK PLC. ensures secure and efficient cross-border transactions. In an increasingly digital financial landscape, mastering these fundamentals benefits both personal finance and international business operations.