Imagine needing to send urgent funds to family in Pakistan, only to find yourself overwhelmed by complex banking codes and cross-border procedures. Ensuring your money reaches a Bank Alfalah account accurately and efficiently hinges on proper use of the SWIFT/BIC code. This guide explains the Bank Alfalah SWIFT code ALFHPKKACID to simplify your international transfers.
Decoding Bank Alfalah's SWIFT/BIC Code
The SWIFT (Society for Worldwide Interbank Financial Telecommunication) code, also known as BIC (Bank Identifier Code), serves as a unique identification number for international bank transfers. Functioning as a financial institution's "passport," it guarantees precise routing of funds. Bank Alfalah's SWIFT code, ALFHPKKACID, contains 8-11 alphanumeric characters with specific meanings:
- ALFH (Bank Code): Identifies Bank Alfalah Limited as the recipient institution.
- PK (Country Code): Denotes Pakistan as the bank's location—critical for avoiding transfer errors.
- KA (Location Code): Indicates Karachi as the bank's headquarters city.
- CID (Branch Code): Specifies a particular branch ("XXX" typically represents the main office).
Why Accurate SWIFT Code Usage Matters
Incorrect SWIFT codes may cause:
- Failed transfers: Funds might return to sender after unsuccessful delivery.
- Processing delays: Banks require additional time to verify erroneous codes.
- Extra charges: Manual error correction often incurs additional fees.
Using ALFHPKKACID Correctly
Follow these steps for successful transfers to Bank Alfalah:
- Verify the recipient bank's exact name matches "Bank Alfalah Limited."
- Confirm whether to use the main office code (ALFHPKKACID) or a specific branch code.
- Double-check Pakistan as the destination country.
- Input the SWIFT code precisely without typographical errors.
- Cross-validate all details with the recipient before initiating transfer.
When You Need ALFHPKKACID
This code applies to:
- International wire transfers to Bank Alfalah accounts
- Cross-border online payments involving Bank Alfalah
- Receiving overseas remittances through Bank Alfalah
Alternative Methods to Find SWIFT Codes
Besides ALFHPKKACID, locate Bank Alfalah's SWIFT code through:
- The bank's official website (check "Contact Us" or "International Banking" sections)
- Customer service representatives via phone
- Direct confirmation from the recipient
- Reputable online SWIFT code directories (verify results carefully)
Frequently Asked Questions
Does ALFHPKKACID work for all Bank Alfalah branches?
This code typically represents the main office. For branch-specific transfers, obtain the precise code from the recipient.
What if I used an incorrect SWIFT code?
Immediately contact your bank to cancel or amend the transfer, noting that fees may apply.
How does SWIFT differ from IBAN?
SWIFT identifies banks globally, while IBAN (International Bank Account Number) specifies individual accounts. Pakistan currently doesn't use IBAN—only SWIFT codes and account numbers are required for transfers.
Conclusion
International money transfers become straightforward with proper information. By understanding Bank Alfalah's SWIFT code structure and verification processes, senders can ensure secure, timely delivery of funds. Always validate banking details before initiating transactions and consult financial professionals when uncertain.