In today's globalized world, international money transfers have become an essential part of both business and personal finance. However, many may not realize that selecting the correct SWIFT/BIC code is critical to ensuring secure and accurate fund transfers. This article highlights the significance of these codes, with a focus on NATIONAL BANK LIMITED and its unique identifier.
Understanding SWIFT/BIC Codes
NATIONAL BANK LIMITED, headquartered in Chittagong, Bangladesh, provides reliable international remittance services. Its SWIFT/BIC code, NBLBBDDH004 , serves as a key identifier for transactions, guaranteeing that funds reach the intended destination safely. SWIFT codes typically consist of 8 to 11 characters, each segment conveying specific bank details:
- Bank Code: "NBLB" identifies NATIONAL BANK LIMITED.
- Country Code: "BD" stands for Bangladesh.
- Location Code: "DH" denotes the bank's presence in Chittagong.
- Branch Code: "004" specifies the particular branch.
These codes streamline the transfer process, minimizing delays and reducing the risk of errors. Whether for personal remittances or corporate transactions, accuracy in entering the SWIFT/BIC code is paramount—especially for cross-border payments, where mistakes can lead to unnecessary fees or processing setbacks.
Why Precision Matters
For customers of NATIONAL BANK LIMITED, located at 67, Agrabad C/A, Chittagong, 4100 , the correct use of the SWIFT/BIC code ensures efficient handling of international transfers. The bank offers both in-person and online services, catering to diverse financial needs with a commitment to security and convenience.
When selecting a bank for international transactions, verifying the appropriate SWIFT/BIC code is a simple yet crucial step. Whether sending or receiving funds, NATIONAL BANK LIMITED remains a trusted partner for seamless cross-border payments. Remembering to use NBLBBDDH004 when initiating transfers guarantees a smooth and hassle-free experience.