When sending international wire transfers, ensuring your funds reach the correct destination bank is a critical concern for many senders. Using SWIFT/BIC codes remains one of the most effective solutions to this challenge. This article examines the SWIFT/BIC code for First Security Islami Bank PLC. and provides guidance on proper usage to safeguard your transactions.
FIRST SECURITY ISLAMI BANK PLC. SWIFT/BIC CODE DETAILS
The SWIFT/BIC code for First Security Islami Bank PLC. is FSEBBDDH . This unique identifier serves crucial functions in international financial communications. The complete bank information includes:
- Bank Name: First Security Islami Bank PLC.
- City: Dhaka
- Address: 38/1, Road 2, Dhaka, Dhaka, 1205
- Country: Bangladesh
UNDERSTANDING SWIFT/BIC CODES
SWIFT/BIC codes typically consist of 8 to 11 alphanumeric characters designed to ensure precision in cross-border fund transfers. Using the correct code significantly reduces transaction errors and associated fees. For transfers to First Security Islami Bank PLC., always verify the use of code FSEBBDDH.
WHY SWIFT CODES MATTER
These identification codes serve two primary functions in international banking:
- They ensure funds follow designated processing sequences, improving transaction speed
- They enable receiving banks to quickly identify transaction origins and destinations, minimizing processing delays
IMPORTANT CONSIDERATIONS
Financial institutions periodically update SWIFT/BIC codes to reflect organizational changes. Always confirm you're using the most current code before initiating transfers. Bank representatives can typically provide updated transfer instructions to facilitate successful international transactions.
Whether conducting business or personal transfers, proper use of SWIFT/BIC code FSEBBDDH for First Security Islami Bank PLC. enhances both the security and efficiency of international money transfers. Verifying this information helps ensure seamless transactions and optimal fund delivery.