Midland Bank Limited SWIFT/BIC code

Midland Bank Limited SWIFT code: MDBLBDDH

MDBLBDDH and MDBLBDDHXXX are two ways of writing the same bank identifier, and both point to Midland Bank Limited in Dhaka. A SWIFT code tells the banks handling a payment exactly which bank is meant to get the money, much like a postcode for banks. It comes up mainly when dealing with payments that cross a border and payments in foreign currencies.

Further down you will find the practical questions: receiving money at Midland Bank Limited, sending money abroad and how to check the code before you hit send. The SWIFT code alone does not identify an individual account holder; for that you need the IBAN or account number is for.

Midland Bank Limited: head office code versus branch codes

We have 5 SWIFT/BIC codes for Midland Bank Limited in 2 cities. Next to the head office code MDBLBDDHXXX, you will find codes for individual branches and departments.

For the vast majority of incoming transfers, the head office code MDBLBDDHXXX is what you need. Only use a branch code when the account holder gives you that exact code, for example on a letter or invoice.

Unsure which code applies? Check with the recipient or the bank itself. Codes can change when banks reorganise.

About this information

The details here come from publicly available data which we refresh regularly. It can happen that information here is out of date, for example after a merger. The figures we show are based on our own data and not on information from Midland Bank Limited itself.

Use our data as a starting point, not as the final word: the recipient’s bank details come first. GoldexPay has no connection to Midland Bank Limited; we are a comparison site for money transfers. Should you notice a mistake, we appreciate a message via the contact page.

Transfer times and tracking a payment to Midland Bank Limited

An international transfer usually needs anywhere from one to several business days – it depends on currency, route and the banks in between. Payments made late in the day or just before a weekend or public holiday often go out the next business day. Sometimes a bank wants to know what the payment is for.

When a payment takes longer than expected, ask your bank for the status and the transaction reference. Save the payment confirmation until the recipient confirms.

A delayed transfer is traced from the sending side on the basis of the transfer details. As a recipient, it helps to look at your statements to see a partial amount, since fees may have been deducted.

Changed bank details? Be careful

Criminals often use fake invoices containing new bank details. A correct SWIFT code tells you nothing about who owns the account – scammers simply use real codes.

Never rely on contact details from the same email that announces the change. Urgency or secrecy tend to be red flags – a real supplier can wait a day. When money was sent to the wrong account, call your bank right away – speed improves the chance of getting it back.

Fraud also work the other way: someone sends more than agreed and wants you to return the difference to a new account. A screenshot of a transfer proves nothing – check your own account.

What a transfer from Midland Bank Limited abroad really costs

When you send money to another country via Midland Bank Limited, the visible fee is rarely all of the cost. You pay the transfer fee, possibly charges from correspondent banks in between and, most importantly, the margin on the exchange rate.

That exchange rate margin tends to be the largest cost. Compare the rate you are offered with the mid-market rate – the rate you find on financial news sites.

Specialised transfer providers frequently offer a rate near the mid-market rate and lower fees. Before your next transfer, take a minute to compare the total cost via GoldexPay instead of going straight to your bank. Choosing a specialist does not require closing your account at Midland Bank Limited – you pay the provider from your own account.

What to give a sender who pays you at Midland Bank Limited

For a transfer from abroad into your account at Midland Bank Limited, the person paying you needs more than the BIC. The basics are: the account holder’s name, IBAN or account number, MDBLBDDHXXX or MDBLBDDH and, for some countries, your home address.

The sender’s bank may request the bank address of Midland Bank Limited; the head office in Dhaka is usually fine. A mistake in your account number is harder to fix than you might think; copy them from your banking app rather than typing.

Expect that the incoming amount is smaller than the amount on the sender’s receipt. Correspondent banks can take a fee, Midland Bank Limited may charge for incoming payments, and when currencies differ, an exchange rate margin applies. Make clear with the sender who covers the fees before the money is sent.

Before you send: check the Midland Bank Limited code

The safest source for a SWIFT code is the recipient’s own bank details – an invoice, a statement or a screenshot from online banking. If the code you have differs from MDBLBDDH or MDBLBDDHXXX, stop and ask: check with the recipient or with Midland Bank Limited directly.

An incorrect BIC may lead to delays, a payment being sent back or additional charges along the way. A mistake in the IBAN or account number is a bigger problem because it can reach the wrong person, so check that just as carefully.

An automatic check by your bank only confirms that the code exists – not that it belongs to the person you mean to pay. Some banks now compare the payee name with the account – do not ignore a mismatch warning. For a first payment, some people send a small amount first before sending the rest.

Why Midland Bank Limited has an 8- and an 11-character code

Every SWIFT/BIC code starts with an 8-character core: a four-letter bank code, two letters for the country and a two-character location code. In this case, the 8-character core is MDBLBDDH.

The full version adds three more characters for a branch or department. When those three characters are XXX, they simply mean the head office, so MDBLBDDHXXX and MDBLBDDH are interchangeable.

Enter the code as one block, in capitals and without separators. Copying the code beats typing it by hand: a typo can point to another bank.