When sending international wire transfers, selecting the correct bank SWIFT code is crucial. For those needing to send funds to Chittagong, Bangladesh, the SWIFT/BIC code NBLBBDDH002 for National Bank Limited ensures a smooth transaction process. But how can you guarantee your funds reach this bank without issues?
Understanding SWIFT Code Structure
The eight-character SWIFT code NBLBBDDH002 consists of distinct components:
- NBLB identifies the bank (National Bank Limited).
- BD represents the country (Bangladesh).
- DH specifies the location (Chittagong).
- 002 denotes the branch code.
Accurate entry of this code during international transactions ensures funds are routed correctly to National Bank Limited.
Key Details About National Bank Limited
The bank is located at 34 Chand Meah Lane, Chittagong 4100, Bangladesh . Like all financial institutions, National Bank Limited may update its SWIFT code if operational changes occur. Verifying the most current code before initiating transfers prevents delays or errors caused by outdated information.
Best Practices for Secure Transfers
Whether processing personal remittances or corporate payments, confirming the accuracy of the SWIFT/BIC code is essential. Before finalizing any transaction:
- Double-check the code NBLBBDDH002 against official sources.
- Verify recipient account details with the bank.
- Confirm processing fees and exchange rates with your sending institution.
Minor discrepancies in banking information can lead to significant delays or failed transfers.
For further clarification on international wire procedures, consult your bank or a financial advisor. Precise SWIFT codes are foundational to secure and efficient cross-border transactions.