When conducting international wire transfers, selecting the proper bank identifier code is crucial. The SWIFT/BIC code not only ensures funds reach their intended destination securely but also accelerates the transaction process. For transfers to The National Bank of Commerce in Tanzania, the correct SWIFT code is NLCBTZTX0T4 .
Bank Details and Location
Headquartered in Arusha, Tanzania, with the address Arusha, Arusha, 23100 , The National Bank of Commerce has established itself as a reputable financial institution committed to providing quality banking services. When initiating international transfers using the NLCBTZTX0T4 code, verifying all transaction details remains essential for successful fund delivery.
Global Significance of SWIFT Codes
SWIFT codes serve as universal identifiers for financial institutions worldwide, particularly vital for cross-border transactions. Before initiating any transfer, recipients should confirm their bank's SWIFT code through official channels to prevent delays or potential loss of funds due to incorrect information. These codes are readily accessible through bank websites or customer service channels.
The National Bank of Commerce offers comprehensive financial services for both individual and corporate clients. Proper utilization of the correct SWIFT code provides the necessary framework for secure international transactions through this institution.
Pre-Transfer Verification
Prior to executing international wire transfers, thorough verification of banking information is recommended. This includes confirming the recipient bank's name, SWIFT code, physical address, and country. These details form the foundation of secure and efficient fund transfers. Established financial platforms or banking institutions with proven track records offer additional assurance for timely and secure transactions.