In today's global financial landscape, ensuring the security and accuracy of fund transfers is paramount. One critical tool that facilitates this process is the SWIFT code, a unique identifier that guarantees seamless cross-border transactions. For those conducting business with ALLIED BANK LIMITED in Pakistan, the correct SWIFT code— ABPAPKKATFW —is essential for error-free transfers.
About ALLIED BANK LIMITED
Headquartered in Lahore, Pakistan, ALLIED BANK LIMITED is a well-established financial institution with a strong reputation. Its main office is located at 6th Floor, Karma Tower, Karma Chowk, New Garden Town, Lahore, Punjab, with the postal code 54700. This information is crucial for international clients who need to verify the bank's details before initiating transactions.
How SWIFT Codes Work
SWIFT (Society for Worldwide Interbank Financial Telecommunication) codes serve as a standardized method for identifying banks globally. These codes ensure that funds are routed correctly during international transfers, minimizing delays and errors. The code ABPAPKKATFW is exclusive to ALLIED BANK LIMITED and must be used when sending or receiving money across borders.
Benefits of Using SWIFT Codes
Beyond accuracy, SWIFT codes enhance transaction speed by streamlining intermediary processes. This efficiency is particularly valuable for businesses and individuals who require timely fund transfers. Whether for personal remittances or corporate payments, using the correct SWIFT code is a simple yet powerful way to safeguard financial transactions.
Best Practices for International Transfers
Before initiating any cross-border payment, it is advisable to double-check the recipient's SWIFT code and bank details. While ALLIED BANK LIMITED's code ( ABPAPKKATFW ) remains consistent, verifying information directly with the bank can prevent potential issues. Proper due diligence ensures smooth and secure financial operations.