In the complex world of international finance, the correct use of SWIFT/BIC codes stands as a cornerstone of secure and efficient fund transfers. The code DABAFIHHCLS, assigned to Danske Bank A/S's Finland branch, represents more than just a random sequence of characters—it serves as a vital identifier ensuring the smooth operation of global financial transactions.
Decoding the SWIFT/BIC: DABAFIHHCLS
This specific SWIFT code contains essential information about the financial institution:
- Bank Name: Danske Bank A/S, Finland Branch
- Location: Helsinki
- Physical Address: Televisiokatu 1, Helsinki, FI-00075
- Country: Finland
Why Accuracy Matters
When initiating international transfers to Danske Bank's Finland branch, using the precise SWIFT code (DABAFIHHCLS) along with accurate address details is paramount. These codes enable financial institutions worldwide to quickly and accurately identify the recipient bank, significantly reducing processing errors and potential delays.
SWIFT codes undergo regular verification and updates. Financial experts strongly recommend verifying the current code before initiating any transfer. This simple precaution can dramatically improve transaction success rates while minimizing the risk of funds being misdirected or delayed.
The Bigger Picture
Beyond its technical function, the DABAFIHHCLS code symbolizes the trust and efficiency that underpin international financial transactions. In our increasingly interconnected global economy, understanding and properly utilizing SWIFT/BIC codes has become essential knowledge for both individuals and businesses engaging in cross-border financial activities.
The system's reliability has made it the backbone of international banking, processing millions of secure transactions daily across more than 200 countries and territories worldwide.