SWIFT Code SCSOBDD1 — SCL SECURITIES LIMITED, DHAKA

About SWIFT Code SCSOBDD1 — SCL SECURITIES LIMITED, DHAKA

SWIFT code SCSOBDD1 is the official 8-character head-office BIC (Bank Identifier Code) for SCL SECURITIES LIMITED in DHAKA, 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 SCL SECURITIES LIMITED for all outward international remittances from DHAKA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code SCSOBDD1

The code SCSOBDD1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code SCSOBDD1

Receiving International Wire Transfers

To receive money from abroad at your SCL SECURITIES LIMITED account in DHAKA, share SWIFT code SCSOBDD1 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 SCL SECURITIES LIMITED, DHAKA must provide SWIFT code SCSOBDD1. 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 SCL SECURITIES LIMITED in DHAKA rely on SWIFT code SCSOBDD1 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 SCL SECURITIES LIMITED →

For cheque clearing or NACH mandates, use the MICR code for SCL SECURITIES LIMITED →

For TDS challan deposits, find the BSR code for SCL SECURITIES LIMITED →

How SWIFT Code SCSOBDD1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code SCSOBDD1 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 SCL SECURITIES LIMITED.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: SCL SECURITIES LIMITED receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code SCSOBDD1

• Spaces or lowercase letters — Always enter SCSOBDD1 uppercase with no spaces.
• Using the wrong city — This code is for DHAKA 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 SCSOBDD1 directly with SCL SECURITIES LIMITED's DHAKA branch or via the SWIFT BIC Directory.