SWIFT Code BKSIBDDH004 — BASIC BANK LIMITED, CHITTAGONG

About SWIFT Code BKSIBDDH004 — BASIC BANK LIMITED, CHITTAGONG

SWIFT code BKSIBDDH004 is the official 11-character branch-specific BIC (Bank Identifier Code) for BASIC BANK LIMITED 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 BASIC BANK LIMITED 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 BKSIBDDH004

The code BKSIBDDH004 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code BKSIBDDH004

Receiving International Wire Transfers

To receive money from abroad at your BASIC BANK LIMITED account in CHITTAGONG, share SWIFT code BKSIBDDH004 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 BASIC BANK LIMITED, CHITTAGONG must provide SWIFT code BKSIBDDH004. 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 BASIC BANK LIMITED in CHITTAGONG rely on SWIFT code BKSIBDDH004 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 BASIC BANK LIMITED →

For cheque clearing or NACH mandates, use the MICR code for BASIC BANK LIMITED →

For TDS challan deposits, find the BSR code for BASIC BANK LIMITED →

How SWIFT Code BKSIBDDH004 Routes an International Transfer

1. Initiation: The sender provides SWIFT code BKSIBDDH004 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 BASIC BANK LIMITED.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BASIC BANK LIMITED receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code BKSIBDDH004

• Spaces or lowercase letters — Always enter BKSIBDDH004 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 BKSIBDDH004 directly with BASIC BANK LIMITED's CHITTAGONG branch or via the SWIFT BIC Directory.