In the complex world of international money transfers, ensuring your funds reach their destination safely and accurately can often feel daunting. One critical element in this process is selecting the correct SWIFT code—an international standard that facilitates seamless movement of funds across global financial networks.
For those needing to send money to First Security Islami Bank PLC in Bangladesh, the precise SWIFT code is FSEBBDDHBNG . The bank is headquartered in Dhaka, Bangladesh's capital, with its main office located at 121/2 Lutfor Rahman Lane, North, South Rd 2, Dhaka, 1000. Using this exact SWIFT code helps prevent potential delays or errors that might otherwise occur during international transactions.
SWIFT codes, formally known as Society for Worldwide Interbank Financial Telecommunication codes, serve as more than just random letter combinations. They function as vital identifiers that ensure the success and accuracy of international money transfers. The code FSEBBDDHBNG acts as a direct pathway for funds to reach First Security Islami Bank PLC, supporting various international transactions and business operations. Moreover, proper use of SWIFT codes significantly reduces processing errors and helps expedite fund transfers to intended accounts.
Whether for personal remittances, corporate payments, or other financial transactions, using FSEBBDDHBNG as the SWIFT code is essential. When initiating international transfers, it's crucial to double-check all recipient bank details—including the bank's name, physical address, and SWIFT code—to minimize risks of financial loss or processing delays. Experts also recommend periodically verifying SWIFT codes to account for potential updates or changes in banking systems.
Understanding the structure of SWIFT codes can further enhance transfer efficiency. The code FSEBBDDHBNG breaks down into distinct components: the first four letters ( FSEB ) represent the bank's abbreviated name, followed by two letters ( BD ) denoting the country (Bangladesh), then two letters ( DH ) identifying the city (Dhaka), with the final characters ( BNG ) specifying a particular branch or service. This standardized structure enables financial institutions worldwide to quickly identify and process transfer requests.
When preparing international transfers, remembering FSEBBDDHBNG as the SWIFT code—along with complete bank details—ensures funds will reach First Security Islami Bank PLC securely and accurately. This knowledge empowers individuals and businesses to manage international financial transactions more effectively, enabling smooth, obstacle-free money transfers across borders.