Have you ever faced delays or complications in international money transfers due to an incorrect SWIFT code? This alphanumeric sequence is more than just a random combination—it serves as the universal language of global finance, ensuring your funds reach their intended destination accurately and efficiently. Today, we examine the SWIFT/BIC code for EASTERN BANK PLC., a key player in Bangladesh's financial sector.
The SWIFT code for EASTERN BANK PLC. is EBLDBDDH 005 . This identifier is not merely administrative; it is an essential tool for cross-border transactions. Headquartered in Dhaka, Bangladesh, the bank's address is: SWADHINATA BHABAN, FLOOR GF, 88, MOTIJHEEL COMMERCIAL AREA, DHAKA, DHAKA, 1000.
SWIFT (Society for Worldwide Interbank Financial Telecommunication) codes are the standardized format for international bank transfers. When sending funds across borders, this code ensures secure and precise routing to the recipient's bank. If you are initiating or receiving transactions through EASTERN BANK PLC., using the correct SWIFT code— EBLDBDDH 005 —is critical.
To prevent delays or errors, verifying the accuracy of the SWIFT code is paramount. Each SWIFT/BIC code consists of 8 to 11 characters that uniquely identify a bank and its branch. Any discrepancy may result in failed transactions or returned funds.
Before initiating a transfer, consider these steps:
- Confirm bank details: Verify the recipient bank's full name, SWIFT code, and physical address.
- Check branch specifics: Some banks assign unique codes to branches; ensure you use the correct one.
- Validate country information: Cross-check the sender and recipient countries to avoid jurisdictional issues.
For clients of EASTERN BANK PLC., the Dhaka-based institution's SWIFT code facilitates seamless integration into global financial networks. Whether for personal remittances, corporate transactions, or other cross-border payments, accurate SWIFT code usage safeguards fund transfers. This practice underscores the trust between financial institutions and remains a cornerstone of modern banking efficiency.