In an era of globalization, international money transfers have become an essential part of daily life. Whether sending funds to family members working abroad or conducting cross-border trade, understanding banking mechanisms is crucial. Many people find themselves confused when required to provide a bank's SWIFT code or accurate branch details. United Bank Limited (UBL), one of Pakistan's leading financial institutions, offers comprehensive services to help customers complete international transfers efficiently and securely.
What Is a SWIFT Code?
A SWIFT code, also known as a Bank Identifier Code (BIC), is a standardized format for identifying financial institutions globally. Developed by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code ensures smooth fund transfers between banks. A SWIFT code typically consists of 8 to 11 characters, including the bank code, country code, location code, and branch code. Providing the correct SWIFT code is critical for ensuring funds reach their intended destination.
Overview of United Bank Limited
Founded in 1959 and headquartered in Karachi, United Bank Limited is a premier financial institution in Pakistan. It offers a wide range of services, including personal banking, corporate banking, investment banking, and digital banking solutions. With an extensive network spanning thousands of branches domestically and internationally, UBL serves a diverse clientele.
Why Choose UBL for International Transfers?
1. Global Reach
UBL has established partnerships with financial institutions worldwide, making international transfers seamless. Regardless of location, customers can rely on UBL for hassle-free transactions.
2. Security Assurance
Security is a top priority in banking. UBL employs advanced technology to safeguard transactions while adhering to international financial regulations, ensuring funds remain protected throughout the transfer process.
3. Speed and Efficiency
UBL prioritizes fast and efficient services. Most international transfers are completed within 24 hours, minimizing wait times for recipients.
4. Expert Support
UBL's dedicated team is available to assist customers with inquiries and provide guidance on the transfer process. Whether a new or long-standing client, personalized support is always accessible.
Locating UBL's SWIFT Codes and Branch Information
For international transfers, accurate SWIFT codes and branch details are essential. Below is a reference table listing key UBL branches and their corresponding SWIFT codes:
| Branch Name | SWIFT Code | Address |
|---|---|---|
| Bank Square, Lahore | UNILPKKA028 | BANK SQUARE, LAHORE, PUNJAB |
| Bank Square, Faisalabad | UNILPKKA686 | BANK SQUARE, FAISALABAD, PUNJAB |
| Islamabad Branch, Punjab | UNILPKKA741 | ISLAMABAD, PUNJAB, 30001 |
| Peshawar, Deans Trade Centre | UNILPKKA939 | DEANS TRADE CENTRE, PESHAWAR, KHYBER PAKHTUNKHWA |
| Karachi, Credit Administration Branch | UNILPKKARDA | STATE LIVE BUILDING, 1 II CHUNDRIGAR ROAD, KARACHI, SINDH, 74000 |
| Karachi, IMB Branch | UNILPKKAIMB | KARACHI, SINDH |
| Karachi, Treasury & Finance Branch | UNILPKKATFC | KARACHI, SINDH |
| Karachi, Head Office | UNILPKKAXXX | STATE LIVE BUILDING, 1 II CHUNDRIGAR ROAD, KARACHI, SINDH, 74000 |
If a specific branch's SWIFT code is not listed, customers may use UBL's global head office code (UNILPKKAXXX). Funds will then be processed through the central system and securely routed to the recipient's account.
How to Initiate an International Transfer
1. Gather Required Information
Ensure you have the recipient's full name, address, and bank account details, including the SWIFT code and International Bank Account Number (IBAN).
2. Access Banking Services
Choose between online banking, mobile banking, or visiting a branch. UBL's digital platforms allow customers to initiate transfers anytime, anywhere.
3. Complete the Transfer Form
Fill in all mandatory fields accurately to avoid delays. Double-check recipient details before submission.
4. Verify and Confirm
Review all entered information. Online or mobile transactions may require additional authentication, such as a password or OTP.
5. Save Transaction Records
Retain confirmation receipts or emails for future reference.
Frequently Asked Questions
What is the purpose of a SWIFT code?
A SWIFT code uniquely identifies banks during international transfers, ensuring funds are routed correctly.
What types of international transfers does UBL support?
UBL facilitates personal remittances, business payments, and other cross-border transactions.
How long do transfers take?
Transfers typically complete within 24 hours, though timing may vary based on destination countries and intermediary banks.
What are the fees for international transfers?
Fees depend on transfer amounts, methods, and recipient countries. Customers should consult UBL for precise fee structures.
Conclusion
As global connectivity expands, so do options for international money transfers. Choosing a reputable institution like United Bank Limited ensures professional service, secure transactions, and peace of mind. By familiarizing oneself with SWIFT codes and branch details, individuals and businesses can navigate international finance with confidence.