In today’s global economy, the need for cross-border remittances continues to grow. When sending funds overseas, ensuring the money reaches the intended account accurately and securely is paramount. This is where SWIFT codes play a critical role.
MEZNPKKADHA is the SWIFT code for MEEZAN BANK LIMITED , facilitating seamless international transfers to its branch in Karachi, Pakistan. This code not only ensures the security of fund transfers but also significantly impacts transaction efficiency.
Whether sending money to an individual or a business, providing the correct SWIFT code is essential for a successful transaction. MEEZAN BANK LIMITED is located at GARIBSONS BUILDING, 69,71,12 COMMERCIAL STREET, DHA PHASE II EXTENSION, KARACHI, SINDH, 75500, Pakistan . Transfers routed through this bank typically take up to three business days to complete.
Key details for using the MEZNPKKADHA SWIFT code include:
- Transfer amount: For example, a sender may remit $10,000 (USD).
- Recipient amount: The beneficiary would receive approximately €8,462 (EUR), subject to exchange rates.
- Processing time: Transfers usually take three business days, though delays may occur due to intermediary banks or regulatory checks.
Before initiating an international transfer, verifying the recipient bank’s SWIFT code is crucial to avoid delays or misdirected funds. SWIFT codes also enhance transparency by allowing senders to track the progress of their transactions.
In summary, using the correct SWIFT code—such as MEZNPKKADHA for MEEZAN BANK LIMITED—is a fundamental step in ensuring secure and efficient cross-border payments. Proper due diligence in this regard helps streamline global financial operations.