In cross-border financial transactions, understanding the role of SWIFT codes is crucial. These codes not only facilitate the smooth movement of funds but also ensure that money is transferred accurately to the intended bank. If you plan to send an international payment to Eastern Bank PLC., knowing the correct SWIFT code and related details is essential.
The SWIFT code for Eastern Bank PLC. is EBLDBDDH 005 . This unique identifier is required for all international transactions involving the bank. Headquartered in Dhaka, Bangladesh, the bank's full address is Swadhinata Bhaban, Floor GF, 88, Motijheel Commercial Area, Dhaka, Dhaka, 1000. Whether sending or receiving funds internationally, using the correct SWIFT code is a fundamental step to ensure seamless transactions. Specifically, EBLDBDDH 005 is the only valid SWIFT code for Eastern Bank PLC., minimizing the risk of errors in cross-border transfers.
When using a SWIFT code, it is advisable to double-check all details, including the bank’s name, city, country, and address. Errors in international transfers can lead to delays or even financial losses. Additionally, different branches of the same bank may have distinct SWIFT codes, so verifying the most up-to-date and accurate version for the recipient bank is critical to ensuring timely processing.
In today’s globalized financial landscape, familiarity with such banking details is indispensable for both individuals and businesses engaged in international transactions. By correctly utilizing SWIFT codes, users can conduct cross-border payments with confidence, enjoying a smooth and secure financial experience.