BASIC BANK LIMITED, DHAKA - SWIFT/BIC Code

BASIC BANK LIMITED, DHAKA - SWIFT Code Information

SWIFT Code / BIC
BKSIBDDH021
Bank / Institution
BASIC BANK LIMITED
Address
112, GULSHAN AVENUE, GULSHAN
City
DHAKA
Postcode
1212
Country
Bangladesh
Connection
Active
BKSIBDDH021 - SWIFT Code Breakdown
SWIFT Code
BKSIBDDH or BKSIBDDH021
Bank Code
BKSI - code assigned to BASIC BANK LIMITED
Country Code
BD - code belongs to Bangladesh
Location & Status
DH - represents location, second digit means active code
Branch Code
021 or not assigned, indicating this is a head office
Head Office
BKSIBDDH - primary office of BASIC BANK LIMITED, Bangladesh

What is a SWIFT Code BKSIBDDH021?

SWIFT Code is a standard format of Bank Identifier Code (BIC) used to specify a particular bank or branch. These codes are used when transferring money between banks, particularly for international wire transfers. Banks also use these codes for exchanging messages between them.

SWIFT codes comprise of 8 or 11 characters. All 11 digit codes refer to specific branches, while 8 digit codes (or those ending in 'XXX') refer to the head or primary office. SWIFT codes are formatted as follows:

AAAA BB CC DDD

  • First 4 characters - bank code (only letters)
  • Next 2 characters - ISO 3166-1 alpha-2 country code (only letters)
  • Next 2 characters - location code, passive participant will have "1" in the second character (letters and digits)
  • Last 3 characters - branch code, optional - 'XXX' for primary office (letters and digits)

The registrations of SWIFT Codes are handled by Society for Worldwide Interbank Financial Telecommunication (“SWIFT”) and their headquarters is located in La Hulpe, Belgium. SWIFT is the registered trademark of S.W.I.F.T. SCRL with a registered address at Avenue Adèle 1, B-1310 La Hulpe, Belgium.

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