Union Bank Limited SWIFT/BIC code

Union Bank Limited SWIFT code: UBLDBDDH

Whether you are given UBLDBDDH or UBLDBDDHXXX, you are looking at the same identifier for Union Bank Limited in Bangladesh. A BIC does one job: it ensures that an international payment ends up at the right bank. It comes up mostly when dealing with transfers between countries or a currency.

On this page you can read what the code means, when you need it and which other details you need for a transfer to or from Union Bank Limited. Keep in mind that the SWIFT code only identifies the bank, not the account: the account number or IBAN takes care of that.

International transfers from Union Bank Limited: the real cost

The price of an international transfer is made up of several parts – not just the fee on your screen. Besides a fixed fee, banks in between may take a cut, and when the money changes currency the bank often uses a rate that is less favourable than the actual market rate.

The real cost is often in the rate, rather than in the fee: many banks convert using an exchange rate that includes a margin. An easy check: set the bank’s rate against the mid-market rate and work out the difference on your amount.

Specialist money transfer services frequently use rates closer to the mid-market rate. On GoldexPay we compare what recipients receive across services, so you can pick the cheapest route. You can still keep your account at Union Bank Limited, while a cheaper service handles the conversion.

Transfer times and tracking a payment to Union Bank Limited

How quickly a payment arrives at Union Bank Limited depends on several factors: the currency, how many intermediary banks are involved, daily processing deadlines and time zones. Transfers sent late in the day or on weekends and holidays usually go out a business day later. Extra checks by one of the banks may also cause some delay, even when all details are correct.

If a transfer seems late, ask the sending bank for the status and the transaction reference. Keep the payment confirmation until the recipient confirms – you will need it for any trace request.

A delayed transfer is traced by the sending bank, using the payment confirmation. As a recipient, you can look at your account for a partial amount, since fees may have been deducted.

Protect yourself against fake payment requests

Scammers regularly use fake invoices containing changed bank details sent from what looks like a familiar address. A correct SWIFT code tells you nothing about who owns the account: scammers use real codes of real banks.

Before paying, verify a change of bank details through a phone call on a number you know, not one from the message. Pressure or secrecy are warning signs; a genuine business can wait for you to check. Acted too fast? Contact the bank you paid from straight away and have them try to recall the payment.

People receiving money can be targeted as well: one known trick is an overpayment and then sends a request to send back the difference to another account. Do not act before the money is actually in your account and check with Union Bank Limited if anything seems off.

Incoming international payments to Union Bank Limited

A sender in another country needs several details about your account, and missing ones are a common cause of delays. That means: your name as registered with Union Bank Limited, your IBAN or account number, the BIC UBLDBDDHXXX and, often, your address.

You can add Union Bank Limited and its city as well, since some forms ask for it. A typo in your account number can be harder to fix than you might think; copy them from your banking app rather than typing.

An incoming payment does not always arrive in full. Correspondent banks can take a fee, Union Bank Limited may charge for incoming payments, and when currencies differ, a markup on the rate applies. Make clear with the sender who pays which costs.

Head office or branch code at Union Bank Limited?

Union Bank Limited uses 8 different SWIFT/BIC codes. Only one is the head office code; the rest identify branches or departments.

Usually you do not need to pick a branch: transfers sent to UBLDBDDHXXX are routed within Union Bank Limited without problems. Branch codes are only needed if the recipient’s bank specifically mentions it.

The best way is to copy the code straight from the account holder’s bank details. Branch codes are more likely to change than UBLDBDDHXXX.

8 or 11 characters: UBLDBDDH versus UBLDBDDHXXX

A BIC is built from fixed blocks: the first four letters identify the bank, characters five and six give the country and characters seven and eight mark the location. For Union Bank Limited, that core is UBLDBDDH.

Most banks and apps work with both lengths. If a form asks for eleven characters, use UBLDBDDHXXX.

Do not add spaces or dashes when you type UBLDBDDH or UBLDBDDHXXX. A single character may route the money to another bank.

Before you send: check the Union Bank Limited code

The safest source for the BIC is the bank details provided by the recipient – an invoice, a statement or a screenshot from online banking. Check that code against UBLDBDDH on this page and ask if anything does not match.

Errors in the BIC tend to be annoying more than fatal. A mistake in the account number can be more serious, because the money may be credited to someone else.

A validity check in your banking app only tells you that the code exists. If your bank offers it, a payee name check before sending gives extra certainty. When you pay someone new, many people start with a small amount first before sending the rest.

How up to date is this code?

This directory is compiled from publicly available sources and we update it periodically. It is possible that a code on this page is no longer current after a merger or reorganisation. The number of codes we show reflect what is in our directory.

Treat our data as a reference, rather than as the final word. GoldexPay has no connection to Union Bank Limited, we only compare transfer services. Found an error? Tell us through the contact page and we will look into it.