When initiating cross-border transfers, selecting the correct bank and accurate SWIFT/BIC code becomes paramount. For those dealing with NATIONAL BANK LIMITED, understanding its unique identifier ensures funds reach their destination securely and efficiently.
Many have experienced the frustration of delayed or returned transfers due to minor coding errors. The SWIFT code NBLBBDDH001 serves as NATIONAL BANK LIMITED's financial passport—a critical component for successful international transactions, particularly in foreign exchange operations. As one of Bangladesh's prominent financial institutions, this code represents the bank's verified identity within global payment networks.
Transfers require precise institutional details: NATIONAL BANK LIMITED's registered address at 48, DILKUSHA C/A, DHAKA, DHAKA, 1000, Bangladesh must accompany the SWIFT code. Inaccuracies in either element may result in processing failures or fund returns.
Consider a $10,000 transfer to France using this SWIFT code. While dispatched in U.S. dollars, the beneficiary would receive approximately €8,486 after currency conversion. This demonstrates how exchange rates and potential fees affect final amounts. Savvy senders always verify current rates and applicable charges to calculate exact delivery values.
The consequences of incorrect SWIFT information extend beyond delays—potentially causing permanent fund loss in extreme cases. Verifying NBLBBDDH001 before submission remains non-negotiable. Some clients streamline the process further by utilizing their bank's automated debit services for recurring transfers.
While international transfers appear straightforward, their success hinges on meticulous attention to detail. Every data point carries weight when moving funds across borders. With NATIONAL BANK LIMITED's authenticated SWIFT code and complete banking particulars, senders gain confidence in their transactions' security and reliability.