Guide to Druk PNB Banks SWIFT Code for Global Transfers

This article introduces the SWIFT code PUNBBTBTXXX of Druk PNB Bank in Bhutan. It explains the function and structure of SWIFT codes, emphasizing the importance of verifying the code before making international money transfers. The article also clarifies how to use the primary code and obtain branch-specific codes. Correct SWIFT code usage ensures smooth and accurate international transactions. Verifying the SWIFT code prevents delays and potential loss of funds during the remittance process. Understanding the code's components is crucial for efficient international banking.

Have you ever struggled with filling out SWIFT codes for international bank transfers? The process can be particularly confusing when sending money to banks in countries like Bhutan. This article explains the SWIFT code for Druk PNB Bank, ensuring smooth and error-free transactions.

What Is a SWIFT Code and Why Does It Matter?

Before diving into the specifics of Druk PNB Bank’s SWIFT code, it’s essential to understand what a SWIFT code is. Also known as a BIC (Bank Identifier Code), a SWIFT code is a unique identifier used by banks to recognize each other during international wire transfers. It functions like a bank’s "ID card," ensuring that funds reach the correct destination. Incorrect SWIFT codes can lead to delays, returned transfers, or even lost funds—making accuracy crucial.

Druk PNB Bank’s SWIFT Code: PUNBBTBTXXX

According to verified sources, Druk PNB Bank’s primary SWIFT code is PUNBBTBTXXX . This code serves as the bank’s main identifier for general international transactions. Here’s a breakdown of the components:

PUNB: Represents Druk PNB Bank’s unique identifier.
BT: Denotes Bhutan’s country code.
BT: Indicates the location of the bank’s headquarters.
XXX: Typically used for the main branch if no specific branch code is assigned.

Important Note: Branch-Specific Codes May Vary

While PUNBBTBTXXX is the primary SWIFT code for Druk PNB Bank, some branches or specialized services may use different codes. To ensure accuracy:

Confirm with the recipient: Always verify the correct SWIFT code with the recipient.
Contact Druk PNB Bank: If uncertain, reach out to the bank directly for clarification.

When to Use PUNBBTBTXXX

The primary SWIFT code is appropriate in the following scenarios:

Sending international transfers to Druk PNB Bank.
Recipient does not provide a branch-specific code.
Druk PNB Bank processes international payments centrally.
A default, widely accepted SWIFT code is needed.

Druk PNB Bank’s Branches in Bhutan

Druk PNB Bank operates local branches across Bhutan. While the primary SWIFT code can often be used, knowing branch-specific details may be helpful. For precise information, consult the bank’s official website or customer service.

Final Reminder: Always Verify Before Transferring

International transactions involve financial risks, so double-checking SWIFT codes is critical. Confirm the details with the recipient or the bank to avoid complications. With proper verification, you can ensure seamless and secure transfers.