ABBLBDDH102 SWIFT/BIC Code

The SWIFT number ABBLBDDH102 was issued by AB BANK LIMITED in CHITTAGONG.

SWIFT/BIC NumberABBLBDDH102
Bank NameAB BANK LIMITED
Bank CityCHITTAGONG
Bank Branch(KHATUNGANJ BRANCH)

What is a BIC code?

A SWIFT/BIC code is a standard format to uniquely identify all banks and financial institutions globally. SWIFT codes are a standard format for BIC - Business Identifier Codes.

If you send money internationally you almost always need to use a BIC code, as it’s the way banks, financial institutions and money transfer services figure out where the money needs to go. You can think of a BIC code a bit like a ZIP/postal code. Your bank uses the code to send the money to the right bank in another country. Just like sending mail to the wrong ZIP/postal code means it may get lost, the same goes for your money and the wrong SWIFT code.

What does a BIC look like?

A SWIFT/BIC code can be either 8 or 11 characters long:

AAAA BB CC DDD

  • AAAA: 4 character bank code. Only letters.
  • BB: 2 character country code. ISO alpha-2 country code.
  • CC: 2 character location code.
  • DDD: 3 character branch code. This is optional and can be letters or digits. An XXX here would refer to the primary office.

More info about SWIFT/BIC codes

There are 2 types of SWIFT code: live and passive. Live codes are for banks who are actively connected to the SWIFT network while passive Codes are used for manual transactions. Passive SWIFT codes will have a 1 as the second digit of the 2 character location code.

SWIFT code registrations and management are the responsibility of "Society for Worldwide Interbank Financial Telecommunication" (“SWIFT”) which 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.