International Finance Investment and Commerce Bank LTD. SWIFT/BIC code

What IFICBDDH means for a payment to International Finance Investment and Commerce Bank LTD.

IFICBDDH and IFICBDDHXXX are two spellings of the same SWIFT/BIC code, and both lead to International Finance Investment and Commerce Bank LTD. in Dhaka. Every bank on the SWIFT network uses BIC codes to route international transfers to the correct bank. In daily life you usually see the code on international invoices, in payment forms and on the account details of International Finance Investment and Commerce Bank LTD. customers.

On this page you will find what the code means, when it matters and what else a transfer to or from International Finance Investment and Commerce Bank LTD. requires. The BIC identifies an institution, never a specific account; the IBAN or account number does that.

Where our SWIFT data comes from

The directory on GoldexPay is based on publicly available sources. It is possible that information on this page is no longer current. The figures we show reflect our own data.

For any payment of any size, check the BIC with International Finance Investment and Commerce Bank LTD. or the recipient. GoldexPay is not affiliated with International Finance Investment and Commerce Bank LTD.. Should you notice something that is out of date, we appreciate a short note.

8 or 11 characters: IFICBDDH versus IFICBDDHXXX

The layout of every SWIFT code never changes: a bank code of four letters, two for the country and two for the location, sometimes followed by a branch code. Combined, those parts make up IFICBDDH, the code most people search for.

XXX at the end of IFICBDDHXXX does not stand for a missing value or a mistake: it stands for the main office of International Finance Investment and Commerce Bank LTD.. Some banking apps ask for 11 characters, in which case you can enter XXX behind IFICBDDH.

Leave out spaces, dots when you type IFICBDDH. Watch for O versus 0 or the letter I and the digit 1, a common source of typos.

Getting paid from abroad into a International Finance Investment and Commerce Bank LTD. account

When you are waiting for money from abroad, send the payer all details at once. What they need is: the account holder’s name, account number or IBAN, IFICBDDHXXX or IFICBDDH and, for some countries, your home address.

The sender’s bank may also ask for the bank address of International Finance Investment and Commerce Bank LTD.. A mistake in your account number is harder to fix than it looks, so copy the details from your online banking.

Do not be surprised if the amount credited is smaller than what the sender paid. Correspondent banks can take a fee, and if the currency changes, a markup on the rate applies. Make clear with the sender who pays which costs before the money is sent.

When will the money arrive at International Finance Investment and Commerce Bank LTD.?

How fast a payment arrives at International Finance Investment and Commerce Bank LTD. depends on several factors: which currency you send, the number of banks in between, daily processing deadlines and differences in time zone. Transfers sent late in the day or just before weekends and holidays usually go out a business day later. Occasionally a bank asks what the payment is for.

If the money is late, contact the sending bank for the tracking status and the transaction reference so they can trace it along the chain. Specialist transfer services usually show tracking in their app so you can see where the money has got.

If the money does not arrive after a few business days, the sender should start with the bank that sent it. Ask the sender for a copy of the payment confirmation.

Sending money abroad from International Finance Investment and Commerce Bank LTD.

The price of an international transfer is made up of several parts – not just the fee on your screen. There is the transfer fee, sometimes fees charged by intermediary banks along the way and, above all, the margin on the exchange rate when the money is converted.

Many banks do not list the margin on the rate separately, but you pay it all the same. Check the rate you are offered against the mid-market rate – the rate you find on financial news sites. The difference is your real conversion cost.

Specialist money transfer services often offer a rate near the mid-market rate and lower fees. On GoldexPay you can compare the amount that arrives with different providers, which makes the cheapest option easy to spot. You can always use your account at International Finance Investment and Commerce Bank LTD. as the source of the money; only the conversion and sending happen elsewhere.

Changed bank details? Be careful

Fraudsters often send payment requests with changed bank details sent from what looks like a familiar address. The fact that IFICBDDH exists does not mean that a request mentioning it is legitimate; criminals use the codes of real banks too.

Do not rely on contact details in the same message that contains the new account. Watch out for time pressure, odd spelling or an email address that differs by one letter. Acted too fast? Call the bank you paid from without delay and ask them to try to recall the payment and report the fraud.

People receiving money are targeted too: one known trick is a buyer who pays too much followed by a request to refund the difference abroad. Do not act before the money has really arrived – ask International Finance Investment and Commerce Bank LTD. if something looks wrong.

Head office or branch code at International Finance Investment and Commerce Bank LTD.?

Having 24 codes, International Finance Investment and Commerce Bank LTD. is one of the banks that use individual codes for parts of the organisation. The head office code is IFICBDDHXXX.

Unless the recipient tells you otherwise, go with IFICBDDHXXX. Just use a branch code when your contact explicitly asks for it, for example on an invoice or in their bank details.

If you are not sure, check with the recipient for the exact BIC in their bank details. Branch codes are more prone to change than IFICBDDHXXX when a bank merges or closes offices.

Verifying the SWIFT code of International Finance Investment and Commerce Bank LTD.

Ask the recipient to send you the account details directly from a recent statement. Compare that code against IFICBDDH on this page; if they differ, ask before you pay.

Mistakes in the SWIFT code tend to be costly rather than disastrous. A mistake in the IBAN or account number is more serious; check it just as carefully.

Most online banking apps check the structure of IBANs and sometimes look up the BIC automatically, but that does not prove the account belongs to the right person. If your bank offers it, a name check before sending adds an extra layer of safety. Sending a small amount first is a sensible step for large sums.