In today's globalized financial landscape, international money transfers have become increasingly common. Ensuring that funds reach the intended bank account securely and efficiently requires accurate routing information, with the SWIFT/BIC code serving as a critical component. For transactions involving HABIB BANK LIMITED, the SWIFT code HABBPKKA007 is essential for seamless cross-border payments.
Decoding the SWIFT/BIC: HABBPKKA007
A SWIFT code—an 8- to 11-character alphanumeric identifier—uniquely specifies a financial institution in global transactions. The structure of HABIB BANK LIMITED’s code breaks down as follows:
- HABB : The bank’s abbreviated name (HABIB BANK LIMITED).
- PK : Country code for Pakistan.
- KA : Location code for Karachi, the bank’s operational hub.
- 007 : Optional branch identifier (often representing a specific office).
Accuracy in using this code is paramount. Errors may result in delayed or failed transactions, underscoring the need for verification before initiating transfers.
Key Bank Details for International Transfers
When sending or receiving funds via HABIB BANK LIMITED, the following details ensure precision:
- Bank Name: HABIB BANK LIMITED
- City: Karachi
- Address: M.A. Jinnah Road, Karachi, Sindh, 74200
- Country: Pakistan
The Role of SWIFT Codes in Global Finance
SWIFT codes streamline international payments by enabling financial institutions to identify counterparties swiftly. For HABIB BANK LIMITED, HABBPKKA007 acts as a gateway for both inbound and outbound transactions, whether for business or personal purposes.
By adhering to these protocols, senders and recipients minimize risks associated with cross-border transfers, ensuring funds arrive securely and without unnecessary delays.