
When conducting international wire transfers, the SWIFT/BIC code serves as the crucial identifier ensuring funds reach their intended destination accurately. Many users, however, find these codes confusing and often overlook critical details in their application. Take RUPALI BANK PLC. as an example: its SWIFT code RUPBBDDHAGC requires proper understanding for successful transactions.
SWIFT: RUPBBDDHAGC
Address: SIASON HOUSE, 9 AGRABAD, CHITTAGONG 4000, Bangladesh
The SWIFT code RUPBBDDHAGC functions as an indispensable tool for any customer transferring funds to or from this Bangladeshi financial institution. Located in Chittagong, the bank's correct SWIFT code implementation guarantees both the security and speed of cross-border payments.
Assigned by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), these unique identifiers serve multiple purposes beyond outward remittances. They equally facilitate incoming foreign currency transactions, making their accurate use essential for both individual and corporate clients.
Financial institutions periodically update their SWIFT codes due to organizational restructuring. Users must verify the current validity of their bank's SWIFT code to prevent transaction failures or processing delays.
Complete and precise information remains paramount when initiating transfers. Beyond the SWIFT code, senders must provide the exact beneficiary name, account number, and bank address. Even minor discrepancies can create processing bottlenecks or result in failed transactions.
Modern banking systems incorporate multiple verification layers across different transfer channels. These security measures establish clear accountability while enabling system-wide transaction monitoring, thereby enhancing fund protection throughout the transfer process.
Proper understanding and application of SWIFT codes like RUPBBDDHAGC for RUPALI BANK PLC. enables efficient and secure international money movement. Whether for personal or business purposes, mastering these financial identifiers provides significant support for cross-border transactions.