Habib Bank LTD. SWIFT/BIC code

Habib Bank LTD. SWIFT code: HABBBDDH

HABBBDDH and HABBBDDHXXX are two ways of writing the same SWIFT/BIC code, and both lead to Habib Bank LTD. in Dhaka. Every bank on the SWIFT network uses these codes to direct international transfers to the right institution. It comes up mostly when dealing with transfers between countries and payments in foreign currencies.

On this page we explain what the code means, when you need it and what else a transfer to or from Habib Bank LTD. requires. A SWIFT code names an institution, not a single account.

Scams that use SWIFT codes

Fraudsters often send payment requests with new bank details sent from what looks like a familiar address. The fact that HABBBDDH exists is no guarantee that a request mentioning it is genuine.

Before paying, verify changed bank details through a phone call, using a number you already had. Watch out for time pressure, unusual wording or a sender address that is slightly off. If money has already gone to the wrong account, call your bank right away – speed improves the chance of getting it back.

People receiving money can be targeted as well: one known trick is an overpayment and then sends a request to send back the difference. Do not act before the money has really arrived.

How up to date is this code?

We gather SWIFT/BIC codes using public sources and check them from time to time. Still, banks merge or retire codes and our data may lag behind. The figures we show reflect what is in our directory, not official figures from Habib Bank LTD..

See the information here as a helpful check. GoldexPay is independent of Habib Bank LTD.; we are a comparison site for money transfers. If you notice something that is out of date, we welcome a message.

Paying someone abroad from your Habib Bank LTD. account

If you transfer money to another country from Habib Bank LTD., the visible fee is rarely all of the cost. On top of a fixed fee, correspondent or intermediary banks may take a cut, and if the money changes currency the bank usually uses a rate below the actual market rate.

The real cost is often in the rate, not in the fee: many banks convert at a rate that includes a margin. A simple test: set the rate you get next to the mid-market rate for the same moment and look at the difference.

Specialist money transfer services often use rates closer to the mid-market rate and lower fees. Before your next transfer, it is worth comparing the total cost on GoldexPay. You can still keep your account at Habib Bank LTD..

Verifying the SWIFT code of Habib Bank LTD.

The most reliable place for the right code remains a document from the bank itself like a bank statement or the account page in online banking. When the code you were given differs from HABBBDDH or HABBBDDHXXX, do not guess: check with the recipient or with Habib Bank LTD. directly.

An incorrect BIC can cause a delay, a returned payment or additional charges along the way. Remember the account number: an error there is harder to undo than a wrong code.

A validity check by your bank merely tells you that the code exists. Where available, a payee name check on the recipient adds extra certainty. Sending a small amount first is a sensible step for large sums, even if it costs an extra fee.

Getting paid from abroad into a Habib Bank LTD. account

For a transfer from abroad into your account at Habib Bank LTD., the person paying you has to have more than the SWIFT code. That means: your name exactly as it appears on the account, your IBAN or account number, the BIC HABBBDDHXXX (or HABBBDDH) and, often, your postal address.

You can add Habib Bank LTD. and Dhaka too, since some forms ask for it. A mistake in your account number can be harder to fix than you might think; copy them from your banking app rather than typing.

Money from abroad does not always arrive for the full amount. Correspondent banks can take a fee and your own bank may charge for processing, and if the currency changes, a markup on the rate comes on top. Agree with the sender who pays which costs before the money is sent.

Head office or branch code at Habib Bank LTD.?

Habib Bank LTD. has 2 different SWIFT/BIC codes across 2 cities. Only one is the head office code, HABBBDDHXXX; the others belong to branches.

Usually there is no need to look up a branch: transfers addressed to HABBBDDHXXX reach Habib Bank LTD. without problems. If you have been given a branch code, use it as it is instead of swapping it for the head office code.

If you are not sure, ask the person you are paying which code their bank gave them. Codes can change over time, so a code from an old document is not always valid.

Transfer times and tracking a payment to Habib Bank LTD.

There is no single answer for every transfer: many arrive the same day or the next while others need several business days. Bank holidays in the sending or receiving country can add a day or more. Compliance checks by one of the banks may also cause some delay, even when all details are correct.

A growing number of banks are connected to SWIFT gpi, which lets them follow a payment from bank to bank. Each gpi transfer gets a unique transaction reference, the UETR, which your bank can use to see where the money is. Money transfer services usually provide a status online so you can see where the payment has got.

A missing payment has to be traced by the sending bank. Request from the sender a copy of the payment confirmation with the date and reference.

What the XXX in HABBBDDHXXX means

The structure of a BIC is always the same: four characters for the institution, two for the country and two for the location. Together, these eight characters form HABBBDDH – the version you usually see online.

The full version has a three-character extension that identify a branch or department. When those three characters are XXX, the code points to the head office.

Type the code in one piece, in capitals and without spaces, exactly as shown here. A single letter may route a payment to a different institution.