Al-Arafah Islami Bank LTD. SWIFT/BIC code

What ALARBDDH means for a payment to Al-Arafah Islami Bank LTD.

ALARBDDH and ALARBDDHXXX are two ways of writing the same SWIFT/BIC code, and both lead to Al-Arafah Islami Bank LTD. in Dhaka. Every bank on the SWIFT network uses these codes to route payments between countries to the right bank. It comes up mainly for transfers between countries and payments in foreign currencies.

On this page we explain how the code is put together, when you need it and what else you need for a transfer to or from Al-Arafah Islami Bank LTD.. Keep in mind that the SWIFT code only identifies the bank, not the person: the IBAN or account number takes care of that.

Why Al-Arafah Islami Bank LTD. has an 8- and an 11-character code

A SWIFT code is made up of a few fixed parts: the first four letters identify the bank, the next two show the country and the two after that mark the location. Combined, those parts form ALARBDDH.

The long version adds a three-character extension for a branch or department. If the last three are XXX, they simply mean the head office, so ALARBDDHXXX and ALARBDDH are interchangeable.

As a rule the code is written in capitals and without spaces. Look out for O versus 0 or I versus 1; they are easy to mix up.

Choosing between the 28 SWIFT codes of Al-Arafah Islami Bank LTD.

Our directory lists 28 SWIFT/BIC codes for Al-Arafah Islami Bank LTD., spread over 9 cities. Besides the head office code ALARBDDHXXX, you will find codes for regional offices and specialised units.

Usually there is no need to look up a branch: transfers addressed to ALARBDDHXXX are routed within Al-Arafah Islami Bank LTD. without problems. Branch codes are only needed when the recipient’s bank explicitly asks for it.

If you are not sure, ask the person you are paying which code their bank gave them. Branch codes are more likely to be retired than the head office code when a bank merges or closes offices.

Tracking a transfer to or from Al-Arafah Islami Bank LTD.

A SWIFT payment usually needs one to a few business days. Bank holidays in either country add a day or more. Extra checks by one of the banks may also cause a delay.

When a payment takes longer than expected, ask your bank for the status; with that reference banks can see where the payment is. Save the payment confirmation.

Only the sending bank can start an official trace or a recall – the recipient’s bank often cannot see a payment that has not arrived. As a recipient, it helps to check your account to see a partial amount because fees can reduce the amount.

Changed bank details? Be careful

Stay alert if a contact suddenly asks you to send money to another account. The fact that ALARBDDH exists is no guarantee that a request mentioning it is legitimate.

Always verify a change of bank details through a phone call on a number you know, not one from the message. Urgency and requests to keep it quiet tend to be warning signs – a real supplier can wait a day. When a payment was sent to a fraudster, call your bank right away.

Scams also target the receiver: someone claims to have sent too much and asks you to refund the extra to a new account. Wait until the money has really arrived and check with Al-Arafah Islami Bank LTD. if anything seems off.

Getting paid from abroad into a Al-Arafah Islami Bank LTD. account

To receive a transfer from abroad into your account at Al-Arafah Islami Bank LTD., the sender has to have more than the SWIFT code. In practice that means: your full name as registered with Al-Arafah Islami Bank LTD., your IBAN or account number, the BIC ALARBDDHXXX (or ALARBDDH) and usually your address.

Their bank may request the address of your bank, in which case the Dhaka head office is the usual answer. A typo in your account number can be more trouble than you might think; copy them from your banking app rather than typing.

Money from abroad does not always arrive in full. Fees for incoming transfers differ per bank. For business payments, you can state who bears the costs.

Before you send: check the Al-Arafah Islami Bank LTD. code

Ask the recipient to send you their bank details directly from their banking app. If the code you have differs from ALARBDDH or ALARBDDHXXX, do not guess: check with the recipient or with Al-Arafah Islami Bank LTD. directly.

Errors in the BIC tend to be annoying more than fatal – usually the money comes back, minus fees and time lost. Do not forget the account number: a mistake there can be harder to correct than a wrong BIC.

Most online banking apps validate the format of an IBAN and sometimes look up the BIC automatically, but that does not prove the account belongs to the right person. Some banks now check the payee name with the account before you confirm – do not ignore a mismatch warning. For a first payment, some people send a small test amount and wait for confirmation.

About this information

The details on this page are taken from publicly available data that we update regularly. It is possible that a code here is no longer current after a merger or reorganisation. The number of codes we show reflect what is in our directory and not on information from Al-Arafah Islami Bank LTD. itself.

For any payment of any size, always check the BIC with Al-Arafah Islami Bank LTD. or with the recipient. We are a comparison service for money transfers and not part of Al-Arafah Islami Bank LTD.. If you notice a mistake, we welcome a message via the contact page.

Paying someone abroad from your Al-Arafah Islami Bank LTD. account

If you send money to another country via Al-Arafah Islami Bank LTD., the fee you see is rarely all of the cost. Besides the transfer fee, banks in between can take a cut, and when currencies are converted, the bank usually applies a rate that is less favourable than the real market rate.

Many banks do not list their exchange rate markup separately. Check their rate against the mid-market rate; the gap is what conversion costs you.

For a lot of routes, a specialist provider is less expensive than a traditional bank transfer, mainly because of the exchange rate. Next time you send money, take a minute to compare the total cost on GoldexPay rather than accepting the bank’s rate by default. Choosing a specialist does not mean leaving Al-Arafah Islami Bank LTD..