When conducting international wire transfers, the accuracy of banking information determines whether funds reach their intended destination. This report examines the SWIFT/BIC code for Meezan Bank Limited — MEZNPKKAGRO — and provides essential details about the bank's international transfer requirements.
In the global financial system, SWIFT codes serve as critical identifiers for interbank communication. These 8- to 11-character codes precisely specify both the financial institution and its branch location. For Meezan Bank Limited, the complete SWIFT/BIC code MEZNPKKAGRO identifies its headquarters in Karachi, Pakistan, with the physical address at Meezan House, C-25 Estate Avenue, Karachi, Sindh, 75730.
Using the correct SWIFT code proves particularly vital when sending funds to Meezan Bank accounts. Any discrepancy in this alphanumeric identifier may result in delayed transactions or misrouted payments. The bank regularly verifies and updates its SWIFT information to maintain accuracy in international transactions.
Consider a multinational corporation initiating payments to Pakistani suppliers. Should treasury personnel input an incorrect SWIFT code, funds could be temporarily held in incorrect accounts or even returned, creating financial complications. Such errors might require days or weeks to resolve through correspondent banks.
Both individual and corporate clients conducting cross-border transfers must verify the current SWIFT code before initiating transactions. Confirming this detail with the receiving party or directly through Meezan Bank's official channels significantly reduces transfer risks.
For all international transfers involving Meezan Bank Limited, ensuring the use of the correct SWIFT/BIC code MEZNPKKAGRO remains fundamental. This practice guarantees efficient fund routing while minimizing potential financial disruptions in global transactions.