SWIFT Code BALBBDDH005 — BANK ASIA LTD, CHITTAGONG

About SWIFT Code BALBBDDH005 — BANK ASIA LTD, CHITTAGONG

SWIFT code BALBBDDH005 is the official 11-character branch-specific BIC (Bank Identifier Code) for BANK ASIA LTD in CHITTAGONG, Bangladesh. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by BANK ASIA LTD for all outward international remittances from CHITTAGONG. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code BALBBDDH005

The code BALBBDDH005 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code BALBBDDH005

Receiving International Wire Transfers

To receive money from abroad at your BANK ASIA LTD account in CHITTAGONG, share SWIFT code BALBBDDH005 with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at BANK ASIA LTD, CHITTAGONG must provide SWIFT code BALBBDDH005. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using BANK ASIA LTD in CHITTAGONG rely on SWIFT code BALBBDDH005 for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for BANK ASIA LTD →

For cheque clearing or NACH mandates, use the MICR code for BANK ASIA LTD →

For TDS challan deposits, find the BSR code for BANK ASIA LTD →

How SWIFT Code BALBBDDH005 Routes an International Transfer

1. Initiation: The sender provides SWIFT code BALBBDDH005 and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to BANK ASIA LTD.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BANK ASIA LTD receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code BALBBDDH005

• Spaces or lowercase letters — Always enter BALBBDDH005 uppercase with no spaces.
• Using the wrong city — This code is for CHITTAGONG only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within Bangladesh.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm BALBBDDH005 directly with BANK ASIA LTD's CHITTAGONG branch or via the SWIFT BIC Directory.