Navigating international money transfers can be challenging, with the correct SWIFT/BIC code being crucial for successful transactions. For those dealing with ING BANK N.V., the required SWIFT code is INGBNL2ABTA - a vital piece of information when transferring funds to this prominent financial institution.
About ING BANK N.V.
Headquartered in Amsterdam at BIJLMERDREEF 106, AMSTERDAM, NOORD-HOLLAND, 1102 CT, Netherlands, ING BANK N.V. serves as a key player in global finance. The SWIFT code functions as the bank's unique identifier, acting as more than just an alphanumeric sequence - it represents the connection point between senders and the worldwide banking network.
Decoding the SWIFT/BIC Structure
The INGBNL2ABTA code breaks down into four distinct components:
- Bank Code (INGB): Identifies the specific financial institution
- Country Code (NL): Denotes the Netherlands as the registered country
- Location Code (2A): Specifies the bank's primary office location
- Branch Code (BTA): Indicates the particular branch (when applicable)
Why This Matters for Your Transactions
Whether conducting cross-border business operations or sending personal remittances to family members, including this precise SWIFT code in transfer details ensures funds reach their intended destination efficiently. Errors or omissions in SWIFT code entry frequently cause payment delays or failed transactions, making accuracy paramount.
Understanding and correctly using ING BANK N.V.'s SWIFT/BIC code simplifies international money movement for both large-scale corporate transfers and individual payments. This standardized banking identifier serves as an essential tool for seamless global transactions.
Financial operations involving ING BANK N.V. benefit from the institution's established infrastructure, designed to facilitate secure and prompt fund transfers worldwide. Proper utilization of the designated SWIFT code helps guarantee that every transaction completes without unnecessary complications.