In modern financial transactions, international wire transfers have become an essential tool for cross-border payments between individuals and businesses. Behind every successful transfer lies a seemingly invisible yet crucial identifier—the SWIFT code.
For those conducting financial transactions with Pakistan's HABIB BANK LIMITED, understanding the SWIFT code HABBPKKA034 ensures your funds reach their destination securely and efficiently.
DECODING THE SWIFT IDENTIFIER
The SWIFT code HABBPKKA034 breaks down into distinct components:
- HABB - Bank code (HABIB BANK LIMITED)
- PK - Country code (Pakistan)
- KA - Location/city code (Karachi)
- 034 - Branch identifier
This standardized format serves as a critical routing instruction for international payments, ensuring funds are directed to the correct financial institution anywhere in the world.
ENSURING TRANSACTION SECURITY
Many customers experience apprehension when initiating cross-border transfers, questioning whether their funds will reach the intended account. The SWIFT system eliminates this uncertainty by providing a precise digital roadmap for every transaction.
When using HABBPKKA034 for transfers to HABIB BANK LIMITED, this code acts as an unambiguous identifier that prevents delays or misdirected payments caused by incorrect banking information.
BANK PROFILE
HABIB BANK LIMITED operates from its headquarters at:
PACIFIC BUILDING, 2/1/B-3 ABDULLAH HAROON ROAD SADDAR, SADDAR, KARACHI, SINDH, 74400, PAKISTAN
As global commerce expands, the bank's role in international finance continues to grow, serving as a vital financial conduit between Pakistan and global markets.
WHEN TO USE HABBPKKA034
This SWIFT code should be used for all international transfers to HABIB BANK LIMITED, whether for personal remittances or commercial transactions. Financial institutions universally recognize these codes to process cross-border payments accurately.
Customers are strongly advised to verify the code's accuracy before initiating any transfer. A single character discrepancy can result in payment delays or failed transactions.
UNDERSTANDING SWIFT/BIC STANDARDS
SWIFT/BIC codes typically consist of 8-11 alphanumeric characters that uniquely identify banks and their branches worldwide. These standardized identifiers form the backbone of international financial transactions, enabling seamless global money movement.
Using correct SWIFT information represents both a customer responsibility and a fundamental security measure in international banking.
CONCLUSION
The SWIFT code HABBPKKA034 serves as more than a simple identifier—it functions as a secure bridge between customers and HABIB BANK LIMITED. By understanding these critical details, individuals and businesses can conduct international transactions with confidence, eliminating uncertainties in the global payment process.