In international money transfers, ensuring the secure and accurate delivery of funds to the designated bank is paramount. For anyone involved in cross-border transactions, understanding the importance of SWIFT or BIC codes is essential. This article provides a detailed explanation of Allied Bank Limited's SWIFT/BIC code in Pakistan and its proper usage to facilitate smooth international transfers.
Allied Bank Limited's SWIFT code is ABPAPKKA979 . This code serves as the bank's unique identifier within the global financial network and is crucial for ensuring successful fund transfers. The SWIFT code consists of several components, including the bank's country code, location code, and branch identifier, each carrying specific information about the financial institution.
The complete details for Allied Bank Limited are as follows:
- Bank Name: Allied Bank Limited
- City: Lahore
- Address: Floor 3/4, Kalma Tower, Tipu Block, Kalma Chowk, New Garden Town, Lahore, Punjab, 54700
- Country: Pakistan
When initiating an international transfer to Allied Bank Limited, it is critical to use the correct SWIFT code ABPAPKKA979 . Additionally, verify that the recipient's account number and name match exactly with the information provided by the beneficiary to prevent any processing errors.
SWIFT codes play a vital role in financial transactions by ensuring funds reach their intended destination efficiently. International transfers typically pass through multiple banking networks, and the SWIFT code serves as an essential component of payment instructions that guarantees security and accuracy throughout the process. Any errors in the code may result in delayed transactions or failed transfers, making verification essential.
For both individual and corporate users, understanding and correctly using SWIFT codes significantly simplifies international money transfers while minimizing potential risks. For those conducting financial transactions with Allied Bank Limited, knowledge of its SWIFT/BIC code represents a fundamental requirement. Always double-check this information before initiating any transfer to enhance transaction success rates and financial security.