Eastern Bank Swift Code: What You Need to Know

Eastern Bank Swift Code is a vital piece of information for international transactions.

The Swift code for Eastern Bank is EBLBBDDH, which is used for secure and efficient transactions.

Eastern Bank is a leading bank in Bangladesh, and its Swift code is recognized globally.

To send or receive money internationally, you'll need to use the correct Swift code to avoid any issues with your transaction.

A BIC/SWIFT code is a standard format of Bank Identifier Code used to specify a particular bank or branch. It's used when transferring money between banks, particularly for international wire transfers.

These codes are formatted in a specific way, with 8 or 11 characters. The 11-digit codes refer to specific branches, while 8-digit codes (or those ending in 'XXX') refer to the head or primary office.

Here's a breakdown of the code format:

SWIFT codes are also known as BIC codes, which stands for "Business Identifier Code". They're used to move money around the world via international bank transfers, ensuring that funds are sent to the correct place.

You can find your Eastern Bank SWIFT code on your bank statement, by logging into your online banking account, or by contacting Eastern Bank directly. This information is also often listed on the official Eastern Bank website under banking information or help sections.

To validate a SWIFT code, check that it's valid before a money transfer.

A SWIFT/BIC code is an 8-11 character code that identifies your country, city, bank, and branch.

It's made up of several components, 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.

The country code is a 2-letter code representing the country the bank is in. This is important for international money transfers.

The location code is 2 characters, made up of letters or numbers, and indicates where the bank's head office is. This code is usually found in the middle of the SWIFT/BIC code.

The branch code is 3 digits, specifying a particular branch. If the branch code is 'XXX', it represents the bank's head office.

Here's a breakdown of a SWIFT/BIC code:

To ensure your SWIFT code is valid before a money transfer, it's essential to check it carefully.

If you're looking to send money internationally, you'll need a BIC/SWIFT code, which is a sequence of letters and numbers used to send international transfers.

A BIC/SWIFT code is crucial for routing funds to the correct bank and branch, ensuring a secure and efficient transfer process.

You might wonder if SWIFT and BIC are the same thing, but they're not. SWIFT is a global network that processes payments between countries, while BIC is a specific code used for international transfers.

SWIFT stands for Society for Worldwide Interbank Financial Telecommunication, a name that gives you an idea of its purpose.

A BIC/SWIFT code is necessary for international money transfers, but you won't need it for domestic transfers.

A SWIFT/BIC code is made up of 8-11 characters that identify a bank's country, city, and branch.

The code is divided into four parts: Bank code, Country code, Location code, and Branch Code.

The Bank code is a shortened version of the bank's name, represented by four letters.

The Country code is a two-letter code representing the country where the bank is located.

The Location code is two characters that indicate where the bank's head office is.

The Branch Code is three digits that specify a particular branch, with 'XXX' representing the bank's head office.

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

Understanding the structure of a SWIFT/BIC code can help you navigate international transactions and ensure you're sending money to the right place.