Navigating international wire transfers can be challenging, especially when funds need to arrive urgently. Even minor errors in banking details may cause significant delays. To ensure successful cross-border transactions, accurate bank information—particularly SWIFT codes—must be verified.
Consider NATIONAL BANK LIMITED in Bangladesh as an example. The Rajshahi branch of this institution uses the SWIFT code NBLBBDDH 005 . Before initiating any transfer, confirm this code along with the following details:
- Bank Name: NATIONAL BANK LIMITED
- City: RAJSHAHI
- Address: 106-109 SHAHEB BAZAR, RAJSHAHI, RAJSHAHI, 6100
- Country: BANGLADESH
When sending money internationally—for instance, transferring $10,000 to France—the recipient would receive approximately €8,487 based on current exchange rates. Opting for direct debit payment methods can streamline the process.
Verifying SWIFT codes and banking information remains critical. Inaccurate details may result in delayed transactions, returned funds, or additional fees. Financial institutions recommend double-checking these elements before every transfer. When in doubt, contacting the bank's customer service to confirm information helps safeguard funds and ensures timely delivery.
In traditional banking systems, SWIFT codes serve as vital connectors within global financial networks, facilitating international transactions. Proficiency with these codes enhances efficiency when transferring money across borders.
Whether experienced with international transfers or attempting one for the first time, understanding SWIFT codes and related banking details remains fundamental to secure and efficient cross-border payments.