In today's globalized financial landscape, international money transfers have become an essential part of both personal and business transactions. However, many individuals encounter challenges when sending cross-border payments, including delays or lost funds. Knowing your bank's SWIFT/BIC code is crucial to ensuring the accurate delivery of your money. This article provides detailed information about the SWIFT code for First Security Islami Bank PLC (FSIB) to facilitate smoother international transfers.
Key Information for International Transfers
If you are planning to send money to First Security Islami Bank PLC, the bank's SWIFT code is FSEBBDDHBNG . This unique identifier ensures your funds reach the intended recipient without errors.
- Bank Name: First Security Islami Bank PLC
- SWIFT Code: FSEBBDDH
- City: Dhaka
- Address: 121/2 Lutfor Rahman Lane, North, South Rd 2, Dhaka, 1000
- Country: Bangladesh
When initiating a transfer, selecting the appropriate currency is vital. For example, if you send $10,000.00 to France, the recipient will receive €8,487.00, assuming an exchange rate of 0.8487. The transaction is typically processed via direct debit, with no additional fees applied.
The Importance of SWIFT Codes
SWIFT codes play a critical role in international financial transactions. They not only facilitate swift fund transfers but also provide clear identification for banks involved in the process. If you intend to send money to the specified address in Dhaka, Bangladesh, using the correct SWIFT code— FSEBBDDHBNG —is essential. An incorrect code may result in delays or rejection of the transfer.
By verifying First Security Islami Bank PLC's SWIFT code before initiating a transaction, you can minimize risks and ensure the secure delivery of your funds. Always double-check the details to enhance the efficiency and success rate of your international transfers.