- BIC, 8 characters
- SHMTBDDD
- BIC, 11 characters
- SHMTBDDDXXX
- Country
- Bangladesh
- Address
- 2 Road Bir Uttam M a Rab Sarak Dhaka 1205 Bangladesh
Source: ISO 9362 BIC registry, head-office codes only, no branch codes. Check the code with the bank before sending a large transfer.
How SHMTBDDD is built
| Positions | Length | Meaning |
|---|---|---|
| 1–4 | 4 | SHMT Bank code |
| 5–6 | 2 | BD Country |
| 7–8 | 2 | DD Location |
| 9–11 | 3 | XXX Branch · XXX or omitted = head office |
Other SWIFT codes in Bangladesh
How to use SHMTBDDD for a transfer
Give the sender two things: the BIC SHMTBDDD (or SHMTBDDDXXX if the form asks for 11 characters) and your account number at Shimanto Bank PLC. In Bangladesh the account number is the local one shown on the statement. Check both on your bank statement before sending a large amount: a wrong code delays the transfer or sends it back with fees.
The BIC (Business Identifier Code), commonly called SWIFT code, identifies a bank or institution in international payments. It has 8 or 11 characters: 4 letters for the institution, 2 for the country, 2 for the location, and an optional 3 for the branch. XXX, or no branch code at all, means the head office.
Questions
What is the SWIFT code of Shimanto Bank PLC?
The SWIFT/BIC code of Shimanto Bank PLC is SHMTBDDD. In the 11-character form it is SHMTBDDDXXX, where XXX stands for the head office.
Is SHMTBDDD a SWIFT code or a BIC?
Both: BIC is the ISO 9362 name of the code, SWIFT the network that assigns it. SHMTBDDD is the same code under either name.
Do I also need the IBAN to receive money at Shimanto Bank PLC?
Bangladesh does not use the IBAN: give the BIC together with the local account number as shown on the statement.
Can I receive international transfers with iSwiss Pay?
Yes. The iSwiss Pay euro, US dollar and pound accounts each come with their own coordinates, including the BIC where applicable, and receive SWIFT and local transfers.
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