In international financial transactions, have you ever struggled to locate the correct bank code? When processing cross-border payments, ensuring funds reach their intended destination accurately is critical. The SWIFT code plays a vital role in identifying recipient banks during international money transfers.
Recently, The Bank of Punjab has published its official SWIFT/BIC code to facilitate international remittances. The bank's SWIFT code is BPUNPKKA010 , with the following registration details:
Bank Name:
The Bank of Punjab
City:
Faisalabad
Address:
Small D Ground, Faisalabad, Punjab
Country:
Pakistan
This information is particularly important for individuals and businesses seeking to conduct secure and efficient international transfers. SWIFT/BIC codes typically consist of 8 to 11 characters, with the first 8 identifying the bank and its location. More specific branches or services may be identified by the last 3 characters. Verifying the accuracy of this code is essential to ensure successful fund transfers.
When initiating cross-border transactions, using The Bank of Punjab's SWIFT code BPUNPKKA010 guarantees smooth processing. Users should always cross-check the code with the bank's registered address and city information to prevent delays or misdirected payments due to incorrect codes.
It's worth noting that BIC codes ending with "XXX" typically refer to a bank's headquarters, a detail that requires special attention during transactions. By using the correct SWIFT/BIC code, customers can efficiently process international payments to accounts at The Bank of Punjab, ensuring secure financial services.
As global financial integration deepens, understanding and utilizing these banking tools not only enhances transaction efficiency but also provides greater financial convenience.