I want to setup payments by Local Funds Transfer for the first time. I have my bank account in HBL. But when i enter my bank's swift code, then the message appears that "bank not found"
oDesk shows some reasons for this and reason for my problem is that i am using 8-digit swift code.
The reason shown by odesk was this:
Are you using the 8-character SWIFT for the parent bank?
Some banks have one SWIFT for their headquarters or parent bank. Other banks also have 11-character SWIFT codes for local branches. Check with your bank to see if your branch information is necessary or if the parent bank information is sufficient.