In an increasingly interconnected global economy, international money transfers have become commonplace. Whether for business transactions or personal remittances, the need for secure and efficient cross-border payments is paramount. A critical component of this process is the SWIFT code, a unique identifier that ensures funds reach their intended destination.
What Is a SWIFT Code?
A SWIFT (Society for Worldwide Interbank Financial Telecommunication) code, also known as a Bank Identifier Code (BIC), is an 8- to 11-character alphanumeric sequence used to identify financial institutions globally. This standardized system facilitates secure and accurate international transfers by specifying the recipient bank, country, location, and branch. The code's structure typically includes the bank code, country code, location code, and an optional branch identifier.
First Security Islami Bank: An Overview
Established in 1999, First Security Islami Bank Plc. has emerged as a significant player in Bangladesh's financial sector. The bank offers a comprehensive range of Sharia-compliant services, including personal and corporate banking solutions. Committed to transparency and ethical practices, it operates under Islamic principles while prioritizing customer satisfaction.
SWIFT Codes for First Security Islami Bank Branches
To assist customers in initiating international transfers, below is a list of key branches with their corresponding SWIFT codes:
| Branch Name | Address | SWIFT Code |
|---|---|---|
| Agrabad Branch | H AND M TOWER, FLOOR 1 23 AGRABAD, C/A SHEIKH MUJIB ROAD, DOUBLE MOORING, CHITTAGONG, 4100 | FSEBBDDHAGR |
| BAN Branch | PRAASAD TRADE CENTRE, MEZZANINE FLOOR PLOT NO.06 KAMAL ATATURK AVENUE, DHAKA, 1213 | FSEBBDDHBAN |
| Lutfur Rahman Lane Branch | 121/2 LUTFOR RAHMAN LANE, NORTH SOUTH RD 2, DHAKA, 1000 | FSEBBDDHBNG |
| Gulshan Branch | RANGS RD CENTER BLOCK NO. SE F, FLOOR 3RD PLOT NO. 3, GULSHAN AVENUE, GULSHAN-1, DHAKA, 1212 | FSEBBDDHCTD |
| DHA Branch | 38/1 ROAD 2, DHAKA, DHAKA, 1205 | FSEBBDDHDHA |
| Dilkusha Branch | 23 DILKUSHA, DHAKA, DHAKA, 1000 | FSEBBDDHDIL |
| Gulshan 2 Branch | 122 GULSHAN AVENUE, GULSHAN-2, DHAKA, 1212 | FSEBBDDHGUL |
| Jubilee Road Branch | FLOOR 1, 365 JUBILEE ROAD, CHITTAGONG, 4000 | FSEBBDDHJUB |
Practical Tips for Using SWIFT Codes
To ensure seamless international transfers, consider the following guidelines:
- Verify the SWIFT code: Confirm the correct code for your specific branch. If unavailable, use the bank's primary SWIFT code for central processing.
- Provide accurate details: Double-check recipient bank names, addresses, and codes to prevent delays or misdirected funds.
- Consult the bank: Contact customer service for clarification if any information is uncertain.
- Maintain records: Retain transaction receipts and references for future inquiries.
Conclusion
SWIFT codes are indispensable for international banking operations. First Security Islami Bank's detailed branch information enables customers to conduct cross-border transactions with confidence. By adhering to best practices and verifying details, users can mitigate risks and ensure efficient fund transfers.