Swift Code of Shangrila Development Bank

Swift Code of Shangrila Development Bank

3rd September 2020, Kathmandu

Shangrila development bank is one of the biggest development banks in Nepal. The bank has been formed after the merging of two banks: Bageswari Development Bank based in Nepalgunj and Shangri-la Development Bank based in Pokhara. It started its operation from Ashad 30, 2074 BS.  It has 91 branches, depositors base of more than 3 lakhs customers with its Central Office at Baluwatar, Kathmandu, and Cluster Office in Pokhara, Nepalgunj, and Narayanghat. For now, let’s discuss in detail the Swift Code of Shangrila Development Bank.

What is SWIFT Code?

Swift Code, also known as BIC[Bank Identifier Code] is the international code given to the banks so that they can be identified worldwide. The major use of SWIFT code is when you want to send/transfer money internationally.

FORMAT OF SWIFT CODE:

The SWIFT code can either have 8 or 11 characters.

AAAA BB CC (123)

Here, the first 4 characters mean the Bank’s name, the next 2 characters represent the country, the next 2 characters stand for the city where the bank is located. The last 3 characters represent the branch which is optional.

Swift code of Shangrila Development Bank:

Swift Code: SGBBNPKA

Corporate Office: Baluwatar-4, Kathmandu, Nepal

City: Kathmandu

Country: Nepal

Meanwhile, if you have any further queries visit the bank’s website by clicking here. You can also visit the nearest branch throughout the country for any inconvenience.

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