Have you ever experienced delays or misdirected funds in international wire transfers due to incorrect banking codes? When initiating cross-border payments, providing the accurate SWIFT/BIC code is critical for seamless transaction processing. This article details the SWIFT/BIC code for HABIB BANK LIMITED and its associated information.
The significance of HABIB BANK LIMITED in global finance makes its SWIFT/BIC code— HABBPKKA033 —essential for fund transfers. To appreciate the code's role, it helps to understand SWIFT/BIC functionality. Both SWIFT (Society for Worldwide Interbank Financial Telecommunication) and BIC (Bank Identifier Code) serve as unique identifiers for financial institutions, ensuring precise routing of funds.
The code HABBPKKA033 specifically conveys:
- Bank Name: HABIB BANK LIMITED
- City: KARACHI
- Address: SHOP NO.283/A, M HUSSAINI CHAMBER, R284/A ABDULLAH HAROON ROAD, KARACHI, SINDH, 74400
- Country: PAKISTAN
When transferring funds to HABIB BANK LIMITED, remitting banks typically require the complete SWIFT/BIC code alongside other details to facilitate successful transactions. Verifying these inputs beforehand is the first step in the transfer process.
Founded in 1941, HABIB BANK LIMITED is recognized for its extensive international operations and branch network. The institution offers diverse financial services—including savings accounts, loans, foreign exchange, and investment products—to individuals and corporate clients across multiple jurisdictions. Its established reputation has made it a preferred choice for international remittances.
While intermediary banks may complicate the transfer process, prioritizing accuracy minimizes disputes and delays. Directly providing the code HABBPKKA033 to HABIB BANK LIMITED significantly reduces operational risks.
In summary, understanding HABIB BANK LIMITED's SWIFT/BIC code is vital for efficient cross-border transactions. Precise information enhances the security and speed of fund transfers, underscoring the importance of meticulousness in international banking operations.