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What is Bangladesh Bank Routing Number?

The bank routing number of any bank in bangladesh is a nine digits identification number assigned to financial institutions or bank and this number identifies the specific financial institution or bank branch upon which a payment is drawn.

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Get Detailed Information of any Bank Branch in Bangladesh.



Or Validate Bangladesh Routing Number  
Or Select a Bank from these
AB BANK LTD.    106 Branches
AGRANI BANK LTD.    939 Branches
BANGLADESH BANK    35 Branches
BANGLADESH KRISHI BANK    1032 Branches
BANK AL-FALAH LTD    8 Branches
BANK ASIA LTD.    123 Branches
BASIC BANK LTD.    70 Branches
BRAC BANK LTD.    190 Branches
CITI BANK N A    5 Branches
DHAKA BANK LTD.    99 Branches
DUTCH-BANGLA BANK LTD    169 Branches
EASTERN BANK LTD.    84 Branches
EXIM BANK LTD.    115 Branches
HABIB BANK LTD.    8 Branches
ICB ISLAMIC BANK LTD    34 Branches
IFIC BANK LTD.    140 Branches
JAMUNA BANK LTD.    114 Branches
JANATA BANK LTD.    909 Branches
MEGHNA BANK LIMITED    42 Branches
MERCANTILE BANK LTD.    120 Branches
MIDLAND BANK LIMITED    22 Branches
MODHUMOTI BANK LIMITED    28 Branches
MUTUAL TRUST BANK LTD.    114 Branches
NATIONAL BANK LTD.    198 Branches
NRB BANK LIMITED    32 Branches
NRB GLOBAL BANK LIMITED    47 Branches
ONE BANK LTD.    93 Branches
PRIME BANK LTD.    148 Branches
PUBALI BANK LTD.    456 Branches
RUPALI BANK LTD.    567 Branches
SBAC BANK LIMITED    59 Branches
SHIMANTO BANK LIMITED    6 Branches
SOCIAL ISLAMI BANK LTD    136 Branches
SONALI BANK LTD.    1210 Branches
SOUTHEAST BANK LTD.    132 Branches
STANDARD BANK LTD.    118 Branches
STANDARD CHARTERED BANK    20 Branches
STATE BANK OF INDIA    7 Branches
THE CITY BANK LTD.    122 Branches
THE PREMIER BANK LTD.    106 Branches
TRUST BANK LTD.    112 Branches
UNION BANK LTD.    64 Branches
UTTARA BANK LTD.    231 Branches
WOORI BANK    6 Branches

General Information About Bangladesh Bank Routing Number (BEFTN Code)


What is Bangladesh Bank Routing Number?

BEFTN stand for Bangladesh Electronic Fund Transfer Network. The bank routing number of any bank in bangladesh is a nine digit identification number assigned to financial institutions or bank and this number identifies the specific financial institution or bank branch upon which a payment is drawn.


Features of the Bangladesh Bank Routing Number or BEFTN Code

  • End-to-end electronic form.
  • EFT transaction could be debit or credit.
  • It will operate in real-time batch processing mode.

How Does Bangladesh Bank Routing Number or BEFTN Code Work

BEFTN operates both as a processing center and delivery center for the distribution and settlement of electronic credit and debit instruments among all the participating banks. This network will be run in a real‐time batch processing mode. Transaction files which are being received from the banks will be processed to ensure if there are conditions that would result in a file or batch rejection. The banking company will have enough time to fix the errors and problems and resubmit the file.

Again, all the commercial banks of Bangladesh are the members of the BEFTN hub in order to send and receive payments. Payments can be made to individuals or institutions. payment instruction should be provided by the Bangladesh Bank. All the banks under this network are provided with unique routing codes. So when payment instructions are being initiated, it is mandatory to use the routing code for the beneficiary branch. All payment transactions will be calculated into a single multilateral netting figure for each individual bank.

Structure of the Bangladesh Bank Routing Number or BEFTN Code

This is a special unique code or identifies number is generated with the combination of the first three digits bank code, next two digits means fourth & fifth digit is district code, then next three digits means sixth, seventh & eighth digit is branch code and at last one means nineth digit is cheque digit. This special unique bank routing number is also printed on the bottom-left of your bank cheque leafs.


Example : Breakdown of Bangladesh Bank Routing Number (BEFTN Code)

1

2

3

4

5

6

7

8

9

Bank Code

District Code

Branch Code

Cheque Digit


What Bangladesh Bank Routing Number or BEFTN Code Used for?

The BEFTN or Bangladesh Routing Number used for various purpose such as online banking fund tranfer, payment to a local bank account etc.


Advantage & Disadvantage of Bangladesh Bank Routing Number or BEFTN Code

Advantage Disadvantage
It will create smooth payment system among all the branches across the country. BEFTN is the most critical component in the development of a modern payments system infrastructure.
It will ensure highly secured payment service since there will be no chance of alteration unlike in the case of the existing paper-based system. When an amount is transferred through BEFTN, the bank cannot able to reverse the transaction.
It will be efficient since it is paperless & automated. It will optimize bank’s cash flow management process and working capital cycle.
Payment initiation will make an end-to-end automated process with auto reconciliation capabilities.
EFT reduces turnaround time significantly in the majority of cases to one day from a number of days from traditional payment mechanisms.