Standard Bank Limited SWIFT/BIC code

Standard Bank Limited SWIFT code: SDBLBDDH

The 8-character code SDBLBDDH and the full code SDBLBDDHXXX identify one and the same institution: Standard Bank Limited in Dhaka, Bangladesh. A SWIFT code tells every bank in the chain which institution is meant to get the money, much like a postcode for banks. It comes up mostly for payments that cross a border or a currency.

Further down we go through the practical side: money coming in from abroad, paying someone in another country and how to check a SWIFT code before you hit send. Keep in mind that the SWIFT code just identifies the bank, not the person: the account number or IBAN takes care of that.

Protect yourself against fake payment requests

Be alert if a contact unexpectedly wants you to send money to another account or a bank in another country. The fact that SDBLBDDH exists is no guarantee that the account is legitimate – fraudsters use real bank codes as well.

Before paying, verify a change of bank details by phone. Watch out for time pressure, odd spelling or a sender address that is slightly off. If money was sent to the wrong account, call your bank right away – speed improves the chance of getting it back.

Scams can also work the other way. Someone sends more than agreed and asks you to return the difference. Do not act before the money has really arrived – ask Standard Bank Limited if something looks wrong.

Verifying the SWIFT code of Standard Bank Limited

The most reliable place for the correct BIC is a document from the bank itself, such as a statement or the account details in online banking. When the code you were given differs from SDBLBDDH or SDBLBDDHXXX, stop and ask – contact the recipient or Standard Bank Limited.

With a wrong code, the transfer may be delayed, bounce back or cost extra. Remember the account number: an error there can be harder to undo than a wrong BIC.

Many banking apps validate the structure of an IBAN. More and more banks check the name against the account. When you pay someone new, many people send a small test amount.

Head office or branch code at Standard Bank Limited?

Having 21 codes, Standard Bank Limited is one of the banks that register individual codes for parts of the organisation and departments. The main code remains SDBLBDDHXXX.

For the vast majority of incoming transfers, the head office code SDBLBDDHXXX works fine. Only use a branch code when the recipient explicitly asks for it.

When in doubt, ask the person you are paying which code their bank gave them. Codes are sometimes changed or retired over time, so do not rely on old paperwork.

SDBLBDDH or SDBLBDDHXXX – which one to use?

A BIC is made up of a few fixed parts: the first four letters stand for the bank, characters five and six give the country and the two after that indicate the location. For Standard Bank Limited, the 8-character core is SDBLBDDH.

Most payment forms accept both lengths. If a form requires eleven characters, use SDBLBDDHXXX; if it wants eight, use SDBLBDDH.

Do not add spaces or dashes when you enter SDBLBDDH; the code is always written in one block. Pasting the code beats retyping it.

Transfer times and tracking a payment to Standard Bank Limited

How quickly a payment arrives at Standard Bank Limited is determined by several factors: which currency you send, the number of banks in between, daily processing deadlines and differences in time zone. Transfers sent after the cut-off time or just before weekends and holidays usually go out a business day later. Extra checks by one of the banks may also add some delay, even when all details are correct.

Many banks are connected to SWIFT gpi. Every gpi transfer gets a unique transaction reference, the UETR. Specialist transfer services usually provide a status in their app showing where the money is.

If the money does not arrive within the expected time, the person who paid needs to contact their own bank. Ask the sender for a copy of the payment confirmation – it helps your own bank look for the money.

Sending money abroad from Standard Bank Limited

The price of an international transfer is made up of several parts – not just the fee on your screen. There is the transfer fee, possibly fees charged by intermediary banks in between and, above all, the exchange rate markup if the currency changes.

That exchange rate margin tends to be the biggest item because it is hidden in the rate. A simple test: set the rate you get next to the mid-market rate and look at the difference.

For a lot of currency pairs, a transfer service turns out to be cheaper than a traditional bank transfer – mostly thanks to the rate. On GoldexPay we compare the amount that arrives with different services. Choosing a specialist does not require closing your account at Standard Bank Limited – you pay the provider from your own account.

Where our SWIFT data comes from

Our SWIFT/BIC directory is based on publicly available sources. Banks merge, change names and change codes – a directory can be a step behind. Counts and locations are from our own dataset.

Before a payment that matters, check the code with Standard Bank Limited or the recipient. GoldexPay is not affiliated with Standard Bank Limited. If you notice something that is out of date, we appreciate a message via the contact page.

Incoming international payments to Standard Bank Limited

A sender in another country needs several details from you – incomplete details often cause delays. Share your name as the bank knows it, the IBAN or account number, SWIFT code SDBLBDDHXXX and your address, which some banks require.

Their bank might request the address of your bank. A typo in your account number is harder to fix than you might think, so copy the details from your online banking.

Money from abroad does not always arrive in full. Charges on incoming payments differ from bank to bank; check the price list of Standard Bank Limited. Make clear with the sender who pays which costs, especially for larger amounts.