When sending money internationally, ensuring your funds reach their destination safely and accurately is paramount. One of the most critical steps in this process is selecting the correct SWIFT/BIC code for the recipient’s bank. This article provides essential information about the SWIFT/BIC code for First Security Islami Bank PLC. in Bangladesh, helping you navigate cross-border transactions with confidence.
The Importance of SWIFT/BIC Codes
A SWIFT (Society for Worldwide Interbank Financial Telecommunication) code, also known as a Bank Identifier Code (BIC), is a unique identifier used by banks to facilitate international money transfers. This code ensures funds are routed correctly to the intended recipient’s account. For First Security Islami Bank PLC., the SWIFT code is FSEBBDDH GUL . Using this code is essential for every international transaction involving the bank, as it guarantees the security and accuracy of your transfer.
Bank Details for First Security Islami Bank PLC.
Below are the key details you’ll need when sending money to First Security Islami Bank PLC.:
- Bank Name: First Security Islami Bank PLC.
- City: Dhaka
- Address: 122 Gulshan Avenue, Gulshan-2, Dhaka, 1212
- Country: Bangladesh
Example: Sending Funds to France
For instance, if you’re sending $10,000 (USD) to a recipient in France, the funds will typically be converted to euros (EUR). Based on current exchange rates, the recipient may receive approximately €8,490. To avoid delays or potential issues, always double-check the SWIFT/BIC code FSEBBDDH GUL when initiating the transfer.
Final Considerations
SWIFT/BIC codes may be updated periodically, so it’s crucial to verify the most recent information before initiating a transfer. Additionally, always cross-check the recipient bank’s details, including its address and SWIFT code, to ensure a smooth transaction. These precautions are not only vital for protecting your funds but also represent standard practice in international finance.
By familiarizing yourself with the SWIFT/BIC code for First Security Islami Bank PLC., you can conduct international money transfers with greater confidence, ensuring your funds reach their destination securely and efficiently.