When making international wire transfers, selecting the correct SWIFT/BIC code is essential. For example, ASB BANK LIMITED in New Zealand uses the SWIFT code ASBBNZ2AFXD . This code ensures funds are accurately routed to the intended bank. To facilitate smooth transactions, here’s what you need to know about ASB Bank and best practices for using SWIFT codes securely.
Key Details About ASB BANK LIMITED
ASB BANK LIMITED is headquartered in Auckland, New Zealand. Its SWIFT code, ASBBNZ2AFXD , must be used for international transfers. Before initiating a wire transfer, verify the bank’s details to avoid errors. Key verification steps include:
- Confirm the Bank: Double-check that the SWIFT code matches the recipient bank.
- Verify the Branch: Ensure the correct branch name is selected.
- Check the Country: Confirm the destination country to prevent misdirected payments.
Why Accurate SWIFT Codes Matter
Using the correct SWIFT code, such as ASBBNZ2AFXD , minimizes delays and failed transactions. Errors in banking details can lead to complications, including frozen funds or additional fees. Always review all information before submitting a transfer to ensure efficiency and security.