Rupali Bank PLC Explains SWIFTBIC Codes for International Transfers

This article provides a detailed analysis of the SWIFT/BIC code for RUPALI BANK PLC. in Bangladesh. It offers a guide to secure cross-border remittances, helping readers use the code correctly to avoid errors and delays, ensuring funds reach the recipient safely and efficiently. The article emphasizes the importance of verifying bank information, choosing reliable remittance channels, and being vigilant against scams. By following these guidelines, users can minimize risks and ensure a smooth and secure international money transfer experience.
Rupali Bank PLC Explains SWIFTBIC Codes for International Transfers

International money transfers can be daunting, especially when dealing with complex banking codes. A single error in these alphanumeric sequences may cause funds to be delayed or even lost. This guide focuses on the SWIFT/BIC code for Bangladesh's RUPALI BANK PLC, providing essential information to ensure your cross-border payments reach their destination safely and efficiently.

Understanding SWIFT/BIC Codes

The SWIFT (Society for Worldwide Interbank Financial Telecommunication) code, also known as BIC (Bank Identifier Code), serves as a unique identifier for financial institutions in international transactions. Functioning like a bank's passport, this standardized code guarantees accurate routing of funds across borders.

Decoding RUPALI BANK PLC's SWIFT/BIC: RUPBBDDHGLR

When sending money to RUPALI BANK PLC in Bangladesh, using the correct SWIFT/BIC code is critical. The bank's complete code breaks down as follows:

  • Bank Code (RUPB): Identifies RUPALI BANK PLC specifically
  • Country Code (BD): Confirms the bank's location in Bangladesh
  • Location Code (DH): Indicates the headquarters' city
  • Branch Code (GLR): Specifies a particular branch (XXX denotes the head office)

Complete SWIFT/BIC Structure:

  • Full 11-character code: RUPBBDDHGLR
  • 8-character primary code: RUPBBDDH

Verification Protocol for Error-Free Transfers

To prevent transaction delays or failures, implement these verification steps:

  • Bank Name Matching: Ensure exact correspondence between the SWIFT-registered name and the recipient's bank details
  • Branch Specificity: Confirm branch-level accuracy when using location-specific codes
  • Country Validation: Verify the BD country code aligns with the recipient's Bangladeshi account

Institutional Profile

RUPALI BANK PLC.
RUPALI BHABAN, FLOOR 1
RANGPUR
BANGLADESH

Enhanced Security Measures for International Transfers

Beyond correct code usage, these practices safeguard your transactions:

  • Triple-check recipient account details including name, number, and address
  • Select established financial institutions with transparent fee structures
  • Maintain vigilance against unsolicited transfer requests
  • Retain digital and physical copies of transaction confirmations

Mastering these financial protocols transforms international banking from a complex challenge into a routine process. By applying this knowledge, individuals and businesses can execute cross-border transactions with confidence and precision.