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Old November 4th, 2017, 11:03 AM
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Educhamp
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Join Date: May 2011
Location: Delhi
Posts: 38,226
Default Re: IBAN Number Standard Chartered Bank Pakistan

Standard Chartered Bank opened its office in Pakistan in 1863 as well as employ approximately 4,500 staff.

It is the oldest and largest international bank in Pakistan as well as the first to get an Islamic Banking license and open an Islamic Banking branch.

It has been awarded the ‘Best Bank in Pakistan’ by The Asset Triple A Awards in 2011 and by Euromoney Awards for Excellence in 2010.

What is the IBAN?

IBAN is the acronym for ISO 13616 standard consistent International Bank Account Number. It is new organization of existing record number which can be utilized unquestionably in making or accepting installments (presently barring Checks) inside the nation and in addition abroad. The certainty originates from two sources: the first is the universally acknowledged standard for numbering bank client accounts and the second is the ISO standard strategy for confirming the exactness of the IBAN even before transmitting the installment. An IBAN contains data identifying with the nation in which the IBAN was issued and where the IBAN account is held, bank code of record holder's bank and additionally the record number itself. An IBAN contains data identifying with the nation, bank of the recipient and in addition the record number itself. Development of IBAN in Pakistan is a creation of 24 alpha-numeric characters.

What is advantage of IBAN?

IBAN encourage exactness and approval of record number of the beneficiary at the purpose of starting an installment, paying little respect to the bank/nation where client looks after his/her record. It permits trading account recognizable proof subtle elements in machine coherent shape, henceforth guarantee speedier and more solid electronic client finance exchanges while limiting danger of postponements.

Pakistan IBAN Codes Detail

Bank Code
SCBL

SWIFT Code:
SCBLPKKX

Country:
Pakistan

Institution:
Standard Chartered Bank (Pakistan) Limited
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