In today's global financial landscape, international money transfers have become routine transactions. The selection of appropriate banking institutions and their corresponding SWIFT codes remains a critical consideration for ensuring secure fund transfers.
Understanding Faysal Bank Limited
Faysal Bank Limited operates as a reputable financial institution based in Pakistan. Headquartered in Quetta, Balochistan, the bank maintains its principal office at Sharah-e-Adalat, Quetta. The institution has established itself as a reliable partner for both personal and commercial banking needs.
SWIFT Code Essentials
The bank's primary SWIFT/BIC code, FAYSPKKA115 , serves as the crucial identifier for international wire transfers. This standardized code ensures accurate routing of funds to the intended recipient accounts within the bank's network.
Financial institutions regularly update and verify their SWIFT codes to maintain operational integrity. Customers initiating international transfers should always confirm the current code before processing transactions.
Transaction Efficiency
Faysal Bank demonstrates competitive processing times for international transfers, typically completing transactions within three business days. For illustrative purposes, a transfer of $10,000 USD would typically convert to approximately €8,409 for the recipient, subject to prevailing exchange rates and applicable fees.
Security and Reliability
The bank adheres to international banking standards, implementing robust security protocols to safeguard client funds during cross-border transactions. This commitment to operational excellence positions Faysal Bank as a viable option for individuals and businesses engaged in international financial activities.