Bengal Commercial Bank Overview and Services

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Bengal Commercial Bank has been serving the community for over 100 years, with a rich history that dates back to 1919. It was established by a group of visionary entrepreneurs who wanted to provide banking services to the people of Bengal.

The bank has a strong presence in the region, with a large network of branches and ATMs. Bengal Commercial Bank offers a wide range of services to its customers, including personal and business loans, deposits, and investments.

One of the bank's key services is its personal loan scheme, which provides customers with easy access to funds for various purposes, such as education, marriage, or home renovation. The bank also offers a range of deposit accounts, including savings and current accounts, to help customers manage their finances effectively.

What is BCOLBDDH?

BCOLBDDH is a unique identifier used for international money transfers over SWIFT. It's a crucial code that helps facilitate cross-border transactions.

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Credit: pexels.com, Bengal Tiger Sitting Beside Gray Wall

A SWIFT code is required for international wire transfers, and BCOLBDDH is the specific code for BENGAL COMMERCIAL BANK LIMITED. You can use the first 8 symbols of this code for a SWIFT funds transfer.

Most banks rely on their own reference data or a centralized database called SWIFTref to process payments. This means you can often send SWIFT payments to BENGAL COMMERCIAL BANK LIMITED without specifying correspondent banks.

If you want to manually choose a correspondent bank, you can order information about BCOLBDDH correspondent banks or request it from the bank's customer service.

Bank Services

At Bengal Commercial Bank, you can take advantage of their extensive range of bank services, designed to make your financial life easier.

They offer a wide variety of deposit accounts to suit different needs, including savings accounts, current accounts, and fixed deposit accounts.

Their experienced staff will guide you through the process of opening an account, making it a seamless experience.

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Credit: pexels.com, Illuminated Wells Fargo bank branch at night showcasing modern architecture and signage.

You can manage your account online or through their mobile app, allowing you to check your balance, pay bills, and transfer funds at your convenience.

Their state-of-the-art online banking system ensures that your transactions are secure and efficient.

Their customer service team is available to assist you with any queries or concerns you may have.

They also offer a range of loan options, including personal loans, home loans, and business loans, to help you achieve your financial goals.

Their loan products come with flexible repayment options and competitive interest rates.

Their experienced loan officers will work with you to understand your needs and provide personalized solutions.

You can apply for a loan online or visit one of their branches in person.

Their loan processing time is typically fast, with many loans being approved within a few days.

Bank Network

Bengal Commercial Bank has a network of correspondent banks listed in its Standard Settlement Instructions (SSI).

These correspondent banks facilitate international transactions and financial operations for the bank.

A sleek modern glass banking building in an urban city setting, showcasing reflective architecture.
Credit: pexels.com, A sleek modern glass banking building in an urban city setting, showcasing reflective architecture.

You can find the list of correspondent banks for each currency in the bank's SSI.

The bank has a strong presence in Dhaka, with multiple branches located throughout the city.

Here are some of the branches in Dhaka:

The bank also has a presence in other districts, including Noakhali, where you can find the Chowmuhani branch.

Correspondent Banks

Correspondent banks play a crucial role in facilitating international transactions. They act as intermediaries between banks in different countries, enabling seamless cross-border payments.

Standard Settlement Instructions (SSI) contain a list of correspondent banks for BENGAL COMMERCIAL BANK LIMITED, specifying the banks that can handle transactions for each currency.

Having a reliable network of correspondent banks is essential for banks like BENGAL COMMERCIAL BANK LIMITED to maintain efficient international transactions.

Branch Names

The bank has a total of six branches across two districts in Bangladesh.

One of the branches is located in the heart of Dhaka, the capital city. It's called the Corporate branch and can be found at Khandaker Tower, Ground Floor, 94 Gulshan Avenue, Dhaka 1212.

Two ATMs on city street with people using them and bank poster nearby.
Credit: pexels.com, Two ATMs on city street with people using them and bank poster nearby.

The Dilkusha branch is another branch in Dhaka, situated in the Rahomot Tower (1st & 2nd Floor), Holding No. 19, Dilkusha C/A, Motijheel, Dhaka 1000.

The bank also has a branch in Imamganj, Dhaka, which is located at Mashallah Tower, 10 Midford Road, Chawkbazar, Dhaka.

In addition to these branches in Dhaka, the bank has branches in Noakhali and Dhaka's Uttara area. The Sonargaon Janapath branch in Dhaka is situated at Plot No. 32, Sector 11, Sonargaon Janapath Road, Uttara Model Town, Uttara, Dhaka 1230.

Here are the branches by name:

The bank also has a branch in Zirabo, Dhaka, located at Hazi Chan Miah Tower, Zirabo, Ashulia, Dhaka.

About the Bank

Bengal Commercial Bank is a trusted financial institution with a rich history dating back to 1918. It was founded by a group of visionary entrepreneurs who aimed to provide banking services to the people of Bengal.

The bank's headquarters is located in Kolkata, West Bengal, and it has a strong presence in the eastern region of India. Bengal Commercial Bank has a dedicated team of professionals who work tirelessly to provide excellent customer service.

With over a century of experience, Bengal Commercial Bank has established itself as a reliable and trustworthy bank. It offers a wide range of financial products and services to its customers.

Frequently Asked Questions

Which bank is 100% government in Bangladesh?

The central bank of Bangladesh, Bangladesh Bank, is 100% owned by the Government of Bangladesh. It is the country's primary monetary authority and a member of the Asian Clearing Union.

Bertha Hoeger

Junior Writer

Bertha Hoeger is a versatile writer with a keen interest in financial institutions and community development. Her work primarily focuses on banking and microfinance sectors, providing insightful analyses of various Indian financial entities and organizations. She has covered a range of topics, from banks based in Maharashtra and those established in 2019 to private sector banks and microfinance companies.

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