IFIC BANK SWIFT Code Bangladesh (2026) – Official BIC

admin 11/04/2024 No Comments

IFIC BANK SWIFT Code is essential for anyone who wants to send or receive international money transfers through IFIC Bank PLC in Bangladesh. Whether you are receiving foreign remittances, business payments, freelancer earnings, or overseas funds, using the correct SWIFT code ensures that your transaction reaches the right bank safely and quickly.

What is the IFIC BANK SWIFT Code?

The official\ SWIFT code of IFIC Bank is:

IFICBDDH

Some international banking systems may require the 11-character version:

IFICBDDHXXX

This SWIFT/BIC code identifies IFIC Bank PLC in Bangladesh and helps financial institutions process international transactions securely.

IFIC Bank SWIFT Code Details

Understanding the IFIC BANK SWIFT Code

The code can be divided into several parts:

• IFIC = IFIC Bank PLC
• BD = Bangladesh
• DH = Dhaka
• XXX = Head Office

This unique identifier allows banks around the world to communicate with each other and process international wire transfers accurately.

Why Do You Need the IFIC BANK SWIFT Code?

The IFIC Bank BIC codeis commonly required for:

Receiving International Remittances

If a family member or friend is sending money from abroad, the sender will often need your bank’s SWIFT code.

Freelancer Payments

Many freelancers receive payments from international clients through bank transfers. The correct SWIFT code ensures timely payment processing.

Business Transactions

Importers, exporters, and international businesses frequently use SWIFT transfers to make secure payments.

Foreign Scholarship Payments

Students receiving scholarships from international institutions may need to provide the IFIC Bank SWIFT code.

Information Required for International Transfers

To receive money successfully, provide the sender with:

• Full account holder name
• Account number
• IFIC Bank branch name
• international transfer code(IFICBDDH)
• Branch address (if requested)
• Bangladesh as the destination country

Always verify details with your branch before receiving large international transfers.

IFIC Bank Head Office Address

IFIC Bank PLC
IFIC Tower
61 Purana Paltan
Dhaka 1000
Bangladesh

Is IFICBDDH the Same for All Branches?

In most cases, international transfers can be completed using the main  banking identifier(IFICBDDH). However, certain branches may have branch-specific identifiers. Contact your branch for confirmation if you are unsure.

Benefits of Using the Correct IFIC BANK SWIFT Code

Using the correct SWIFT code offers several advantages:

• Faster transaction processing
• Reduced risk of transfer delays
• Improved banking security
• Accurate routing of international payments
• Easier tracking of wire transfers

Common Mistakes to Avoid

When receiving international payments, avoid these common errors:

• Entering an incorrect account number
• Using the wrong bank name
• Providing an outdated branch address
• Typing the SWIFT code incorrectly
• Forgetting to verify beneficiary details

Even a small mistake can cause delays or failed transactions.

Frequently Asked Questions

What is the official IFIC BANK SWIFT Code?

The official SWIFT code is IFICBDDH.

Is IFICBDDH and IFICBDDHXXX the same?

Yes. The 8-character code identifies the bank, while the 11-character version includes the head office identifier.

Can I receive money from any country using the IFIC BANK SWIFT Code?

Yes, provided the sending bank supports SWIFT international transfers.

Is a SWIFT code different from an account number?

Yes. A SWIFT code identifies the bank, while an account number identifies your personal bank account.

How can I verify the IFIC BANK SWIFT Code?

You can verify the code directly from the official IFIC Bank website or by contacting customer support.

Useful Resources

Official IFIC Bank Website:
https://www.ificbank.com.bd

SWIFT Code Directory:
https://www.swift.com

Conclusion

The BIC code (IFICBDDH) is required for international wire transfers, remittance payments, business transactions, and overseas fund transfers. Using the correct code helps ensure secure and accurate delivery of funds to your IFIC Bank account. Before initiating any transaction, verify your banking details with IFIC Bank to avoid unnecessary delays or payment issues.

IFIC BANK PLC-এর SWIFT কোড কত? = IFICBDDH029

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