In an era of deepening economic globalization, international money transfers have become a vital tool for global commerce and personal financial transactions. Whether for businesses engaged in international trade or individuals sending funds across borders, every detail matters to ensure smooth transactions. Among these details, the SWIFT code stands out as a critical component—not only for secure fund transfers but also as the backbone of efficient international financial operations. Today, we delve into EASTERN BANK PLC’s SWIFT/BIC code— EBLDBDDH 003 —and provide actionable insights for seamless and secure cross-border payments.
Why EASTERN BANK PLC?
As a leading financial institution in Bangladesh, EASTERN BANK PLC has earned a strong reputation for reliability and customer-centric services. Headquartered in the scenic city of Chittagong at 75 Agrabad Commercial Area (Postal Code: 4100), the bank combines cutting-edge technology with a commitment to personalized service. Whether facilitating business transactions or personal remittances, EASTERN BANK PLC remains a trusted partner for international transfers.
The Critical Role of SWIFT Codes
Accuracy in SWIFT codes is non-negotiable. For EASTERN BANK PLC, the correct SWIFT/BIC code is EBLDBDDH 003 . Inputting an incorrect code risks misdirecting funds or even freezing transactions—a scenario that can strain relationships and incur unnecessary costs. To mitigate these risks:
- Double-check the code before initiating any transfer.
- Verify recipient bank details to ensure alignment with EASTERN BANK PLC’s records, as naming conventions vary globally.
- Consult bank staff to confirm branch-specific requirements, especially for transfers routed through specific locations.
Branch-Specific Considerations
EASTERN BANK PLC operates multiple branches across Bangladesh, each potentially requiring distinct SWIFT codes. When selecting a branch for your transfer:
- Confirm the branch’s exact SWIFT code matches the recipient’s bank information.
- Note that branch codes within the SWIFT identifier are essential for transaction processing.
Transparency and Efficiency
To further streamline transfers:
- Review fees and processing times upfront to avoid surprises.
- Monitor transactions via EASTERN BANK PLC’s digital platforms, which offer real-time tracking.
By prioritizing accuracy and leveraging the bank’s robust infrastructure, customers can navigate international payments with confidence—ensuring their funds reach their destination securely and without delay.