When conducting international wire transfers, ensuring funds reach the correct destination account can be challenging. Cross-border transactions require specific financial tools, with SWIFT codes serving as a critical component. More than just bank identifiers, these codes facilitate smooth and accurate international fund transfers.
For individuals and businesses engaged in cross-border financial transactions, understanding and correctly using SWIFT codes is essential. Those sending funds to Pakistan's ALLIED BANK LIMITED, for instance, must use the institution's unique SWIFT code: ABPAPKKATRY .
Understanding SWIFT Codes
SWIFT codes (Society for Worldwide Interbank Financial Telecommunication codes) serve as standardized identifiers for financial institutions in international transactions. Each code follows a specific format consisting of 8 to 11 characters that identify the bank, country, location, and sometimes specific branches.
ALLIED BANK LIMITED SWIFT Code Details
The complete SWIFT information for ALLIED BANK LIMITED includes:
- SWIFT Code: ABPAPKKATRY
- Bank Name: ALLIED BANK LIMITED
- City: KARACHI
- Address: ABL BUILDING, MAIN CLIFTON ROAD, BATH ISLAND, CLIFTON, KARACHI, SINDH, 75500
- Country: PAKISTAN
Key Considerations for SWIFT Transactions
Accuracy is paramount when initiating international wire transfers. Those sending funds to ALLIED BANK LIMITED should verify all transaction details, particularly the SWIFT code and recipient account information. Additional precautions include:
- Double-checking all entered information before submission
- Confirming current transfer fees and processing times
- Allowing for potential currency conversion requirements
- Maintaining transaction records for reference
Ensuring Successful International Transfers
The correct use of SWIFT code ABPAPKKATRY significantly improves transfer efficiency for transactions involving ALLIED BANK LIMITED. Verifying all banking details prior to initiating transfers helps prevent delays or failed transactions. Proper utilization of SWIFT codes and accurate banking information enables successful international money transfers, facilitating global financial connectivity.