Allied Bank Swift Code: A Comprehensive Guide

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Allied Bank Swift Code is a unique identifier used for international transactions. It's used to facilitate secure and efficient cross-border payments.

The Swift code is a combination of letters and numbers that identifies the bank and its location. Allied Bank's Swift code is AIBLPKKA.

To use the Swift code, you'll need to provide the correct code to your bank or the recipient's bank. This ensures that the transaction is processed correctly and reaches the intended destination.

The Swift code is typically 8-11 characters long and consists of a combination of letters and numbers. Allied Bank's Swift code follows this standard format.

What is Allied Bank Swift Code?

A SWIFT code is a unique identifier for a bank or branch, used for international wire transfers and messaging between banks. It's a standard format of Bank Identifier Code (BIC).

A SWIFT code consists of 8 or 11 characters, with the 11-digit code referring to a specific branch. The code is formatted as follows: AAAABBCCDDD.

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The first 4 characters represent the bank code, made up of only letters. The next 2 characters are the ISO 3166-1 alpha-2 country code, also only letters.

The next 2 characters are the location code, which can include letters and digits. A passive participant will have "1" in the second character. The last 3 characters are the branch code, which can be optional, and 'XXX' represents the bank's head office.

You can find your Allied Bank Wholesale Banking Branch SWIFT code on your bank statement, by logging into your online banking account, or by contacting Allied Bank Wholesale Banking Branch directly.

Finding Allied Bank Swift Code

You can find your Allied Bank Wholesale Banking Branch SWIFT code on your bank statement, by logging into your online banking account, or by contacting Allied Bank Wholesale Banking Branch directly.

It's also often listed on the official Allied Bank Wholesale Banking Branch website under banking information or help sections. This is a crucial step before making an international transfer.

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Yes, you need a SWIFT code for international transfers, as it's necessary for routing the funds to the correct bank and branch, ensuring a secure and efficient transfer process.

You can validate your SWIFT code before a money transfer to ensure it's correct. This is an essential step to avoid any potential issues with the transfer.

To find the SWIFT code for every bank in the world, including Allied Bank, you can use a specialized search engine or website that provides access to a swift code database.

Understanding Allied Bank Swift Code

So, you want to know about Allied Bank's Swift code? Well, it's an 8-11 character code that identifies your country, city, bank, and branch.

A Swift code is made up of several parts, including a bank code, country code, location code, and branch code. The bank code is a shortened version of the bank's name, usually 4 letters long.

You can find your Allied Bank Swift code on your bank statement, online banking account, or by contacting the bank directly. It's also listed on the bank's official website under banking information or help sections.

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Here's a breakdown of the code's components:

  • Bank code: A-Z, 4 letters
  • Country code: A-Z, 2 letters
  • Location code: 0-9, A-Z, 2 characters
  • Branch Code: 0-9, A-Z, 3 digits (XXX represents the bank's head office)

The Swift code is crucial for international transfers, as it ensures that funds are sent to the correct bank and branch.

Using Allied Bank Swift Code

If you need to initiate an international transfer to an Allied Bank account, you'll need the SWIFT code along with other essential details. The SWIFT code is crucial for routing the funds to the correct bank and branch, ensuring a secure and efficient transfer process.

The SWIFT code is an 8-11 character code that identifies your country, city, bank, and branch. It's made up of four parts: the bank code, country code, location code, and branch code.

To find your Allied Bank SWIFT code, you can check your bank statement, log into your online banking account, or contact Allied Bank directly. You can also find it on the official Allied Bank website under banking information or help sections.

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Here's a breakdown of the different parts of the SWIFT code:

  • Bank code: A-Z4 letters representing the bank (usually a shortened version of the bank's name)
  • Country code: A-Z2 letters representing the country the bank is in
  • Location code: 0-9A-Z2 characters made up of letters or numbers (indicating the bank's head office location)
  • Branch Code: 0-9A-Z3 digits specifying a particular branch (XXX represents the bank's head office)

For example, the SWIFT code for Allied Bank's Wholesale Banking Branch might be XXXXXX, but you'll need to check with the bank for the actual code.

Traditional banks often process international transfers slowly and at a higher cost. As an alternative, you can use a business account like Qonto for international transactions, which provides a swift, cost-effective, and secure solution for transferring funds internationally.

Frequently Asked Questions

Is SWIFT code same for all branches?

SWIFT codes can be the same for all branches or unique to each branch, depending on the bank's policy. Typically, using the bank's head office SWIFT code is a safe option if you're unsure.

How do I check a SWIFT code?

Check your bank statement or website for your SWIFT/BIC code, or search online for more information

What is swift BIC for Alliance Bank?

The SWIFT/BIC code for Alliance Bank is MFBBMYKLXXX. However, the bank uses different codes for various services, so it's best to check with your recipient or the bank directly for confirmation.

Carolyn VonRueden

Junior Writer

Carolyn VonRueden is a versatile writer with a passion for crafting engaging content on a wide range of topics. With a keen eye for detail and a knack for research, Carolyn has established herself as a reliable voice in the world of finance and travel writing. Her portfolio boasts a diverse array of article categories, from exploring the benefits of cash cards to delving into the intricacies of Delta SkyMiles payment options.

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