When sending money internationally, ensuring funds reach the recipient’s bank securely and accurately is critical. One key element in this process is the SWIFT/BIC code, a unique identifier for financial institutions worldwide. For Meezan Bank Limited, Pakistan’s leading Islamic bank, the SWIFT code MEZNPKKACAD plays a vital role in facilitating seamless cross-border transactions.
Decoding the SWIFT/BIC Structure
The SWIFT code for Meezan Bank Limited consists of 11 characters, each conveying specific information:
- MEZN : The bank code, identifying Meezan Bank Limited.
- PK : The country code, indicating Pakistan.
- KA : The location code, specifying the bank’s headquarters in Karachi.
- CAD : The branch code. If "XXX" appears instead, it denotes the primary office.
Key Details for International Transfers
To transfer funds to Meezan Bank Limited in Karachi, Pakistan, the following information is essential:
- SWIFT Code : MEZNPKKACAD
- Bank Address : Meezan House, C-25 Estate Avenue, Karachi, Sindh, 75730, Pakistan
Accuracy in entering these details, along with the recipient’s account information, minimizes delays and errors in processing.
Best Practices for Secure Transfers
Before initiating a transfer, verify that the SWIFT code is active and up to date. Cross-check the recipient’s details with the bank to avoid discrepancies. Understanding the terms and conditions of the transfer service can further streamline the process.
By adhering to these guidelines, senders can ensure efficient and trouble-free international transactions to Meezan Bank Limited.