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MERCANTILE BANK LTD. logo
Routing Number / BEFTN Code Details of MERCANTILE BANK LTD. , DANIA Branch
Routing Number 140271423

(Used for domestic fund transfers across Bangladesh using electronic fund transfers such as BEFTN, BD-RTGS, and so on.)

Bank Name MERCANTILE BANK LTD.
Bank Code 140

(The bank code is the first three digits of the routing number.)

Branch Name DANIA
Branch Code 142

(Following the first five digits of the routing number, the next three digits are the branch code.)

District Name DHAKA-SOUTH
District Code 127

(Following the first three digits of the routing number, the next two digits are the district code.)

SWIFT Code
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Rate Date : 22/12/24

About Mercantile Bank Ltd. , Dania Branch

General Information :

The Mercantile Bank Ltd. , Dania Branch is Located in Dhaka-south District in Bangladesh.
The Bank Code is 140 , District Code is 127 & Branch code is 142.
Mercantile Bank Ltd. , Dania Branch Routing Number is : 140271423

Bank Operating Hours :

Timing of Transaction:

Breakdown of Mercantile Bank Ltd. , Dania Branch Routing Number

1

4

0

2

7

1

4

2

3

Bank Code

District Code

Branch Code

Cheque Digit

The first three digits is (140) representing the bank code of Mercantile Bank Ltd. .

Next two digits is (27) representing the district code of the Mercantile Bank Ltd. & this code indicates Dhaka-south District.

Next three digits is (142) - It's represent or used to identify the specific individual bank's branch & here it's identifying Mercantile Bank Ltd. , Dania branch.

Last one digit is (3) - It's cheque digit & this number is also printed on the bottom-left of your bank cheque leafs.

FAQ

The Routing number of Mercantile Bank Ltd. , Dania Branch is: 140271423 

The Dania Branch of Mercantile Bank Ltd. Located in Dhaka-south District, in Bangladesh.

The Bank Code of Mercantile Bank Ltd. , Dania Branch is 140

The District Code of Dania Branch of Mercantile Bank Ltd. is 127

The Branch Code of Dania Branch of Mercantile Bank Ltd. is 142

Bank Routing Number in Bangladesh (BEFTN or NPSB Code)


What is Bank Routing Number in Bangladesh?

The bank routing number in bangladesh is a nine-digit identification number assigned to financial institutions that identifies the financial institution from which a payment is drawn.


How Does the BEFTN or NPSB Code or Bangladesh Bank Routing Number Work?

In order to facilitate real-time batch processing of electronic credit and debit instruments among all of the participating banks, the BEFTN Hub will operate in a real-time mode. Each of the financial institutions that are part of this network is given a distinct routing code. It is possible to make payments to either individuals or institutions. When making payments, it is essential to include the routing code that corresponds to the beneficiary branch.


Formation of Bank Routing Number or BEFTN or NPSB Code

In Bangladesh, a bank routing number is a special unique code or identifier that is generated by combining:

  • The first three digits of the bank code.
  • The next two digits of the fourth and fifth digits of the district code.
  • The next three digits of the sixth, seventh, and eighth digits of the branch code, and
  • The last one digit of the cheque digit.

This special, one-of-a-kind bank routing number is also printed on the bottom-left corner of bank cheques.

For Example, if the Routing number is 123456789, the structure will look like this:


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

1

2

3

4

5

6

7

8

9

Bank Code

District Code

Branch Code

Cheque Digit


Applications of a Bank Routing Number in Bangladesh

The following are some applications of a bank routing number in Bangladesh:

  • Online Fund Transfer through BEFTN and NPSB.
  • Transferring funds from one bank account to another.
  • Identifying the financial institution from which a payment is drawn.

Advantages of Bangladesh Bank Routing Number or BEFTN or NPSB Code

The following are the main advantages of using a bank routing number:

  • Provide a highly secure payment service.
  • Establish a smooth payment system
  • Ensure a paperless and automated payment system.
  • Save time and increase efficiency.

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