Eastern Bank PLC Streamlines Crossborder Transfers Via SWIFT

The SWIFT/BIC code for EASTERN BANK PLC is EBLDBDDH004, ensuring secure funds transfer in international transactions. Understanding its significance and usage can safeguard your cross-border dealings.
Eastern Bank PLC Streamlines Crossborder Transfers Via SWIFT

When sending money internationally, have you ever worried whether your funds will reach the intended destination accurately? This is where SWIFT/BIC codes play a crucial role. For Eastern Bank PLC in Bangladesh, the SWIFT code EBLDBDDH004 ensures timely and secure delivery of funds.

Eastern Bank PLC, a prominent financial institution in Bangladesh, is headquartered in Khulna at 07 Old Jessore Road, Khulna, 9100 . Using the correct SWIFT code is not only the first step in safeguarding your funds but also an indispensable component of cross-border transactions.

The Structure and Importance of SWIFT/BIC Codes

SWIFT/BIC codes consist of 8 to 11 alphanumeric characters designed to uniquely identify a bank and its specific branch worldwide. These codes are generated and used under strict international standards, ensuring efficiency and security in cross-border transactions.

For example, Eastern Bank PLC's SWIFT code EBLDBDDH004 precisely identifies the bank's location and institution, eliminating errors or delays in international transfers.

How to Use SWIFT Codes for International Transfers

When initiating an international transfer, follow these steps:

  • Confirm the recipient's bank name and address.
  • Use Eastern Bank PLC's SWIFT code EBLDBDDH004 to ensure accuracy.
  • Provide additional required details, such as the recipient's account number and name.
  • Verify all information before completing the transfer.

It is equally important to stay updated on SWIFT codes. Regularly check the bank's official website or contact customer service to confirm the latest information, avoiding potential issues due to code mismatches.

By using Eastern Bank PLC's SWIFT code EBLDBDDH004 , you can conduct cross-border transactions with confidence, knowing your funds will reach their destination securely. Whether for personal remittances or corporate transactions, always verify the correct SWIFT code to enhance financial security.