When it comes to international money transfers, the significance of SWIFT/BIC codes cannot be overstated. For those dealing with HABIB BANK LIMITED , a prominent financial institution in Pakistan, the correct SWIFT code is HABBPKKA004 . This code ensures the security and efficiency of cross-border transactions involving the bank.
Headquartered in Karachi, HABIB BANK LIMITED operates from its primary address at M.A. Jinnah Road, Karachi, Sindh, 74200, Pakistan . The SWIFT code, a unique 8- to 11-character identifier, is essential for international wire transfers. Accurate input of this code is critical to guarantee timely receipt of funds, making verification a necessary step before initiating any transaction.
For instance, if you plan to send $10,000 to France, the recipient would receive approximately 8,406 euros based on the current exchange rate of 0.8406 . This rate reflects prevailing market conditions and underscores the importance of understanding exchange dynamics when executing international transfers. Direct debit methods can streamline such transactions, provided the correct SWIFT code is used.
In summary, verifying HABIB BANK LIMITED’s SWIFT/BIC code and staying informed about exchange rates are fundamental steps to ensure smooth and cost-effective international money transfers.